S&P: Dole Foods unaffected

Standard & Poor's said that there would be no immediate affect on the credit ratings or outlook on Dole Foods Co. Inc. (BB-/negative/B-2) following the FDA's warning to consumers against eating certain Dole pre-packaged salads.

The warning follows an outbreak of E. coli in Minnesota that was believed to have originated from these products.

At this time, S&P said it does not expect this recall to have any material financial effect; however, S&P said it will monitor the investigation for further developments and any impact on future pre-packaged salad sales or damage to the Dole brand image.

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