The video above is from Thursday's MarketFoolery podcast, featuring host Chris Hill and analysts Joe Magyer and Jason Moser. In this segment, the guys discuss news that Kellogg (NYS: K) is recalling 2.8 million boxes of Mini-Wheats cereal due to possible contamination by metal mesh. The cost to Kellogg is $30 million but, fortunately for shareholders, that's a mere drop in the bucket for the company. In fact, shares were up slightly today.
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The article Kellogg Recalls Mini-Wheats on Threat of Wire Mesh Contamination originally appeared on Fool.com.
Chris Hill owns shares of Johnson & Johnson. Jason Moser has no positions in the stocks mentioned above. Joe Magyer owns shares of Johnson & Johnson. The Motley Fool owns shares of Johnson & Johnson. Motley Fool newsletter services recommend Johnson & Johnson. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.