Reuters reports:: Investor concerns that consumers would shun beef after last month’s discovery of the first U.S. case of mad cow disease appear to have evaporated as shares of steakhouses and hamburger chains have snapped back to their previous levels.In the days following the Dec. 23 announcement, restaurant stocks fell hard on fears that meat from a cow with the deadly brain-wasting disease, formally known as bovine spongiform encephalopathy, had entered the food chain. Humans can contract a form of the disease known as variant Creutzfeldt-Jakob Disease by eating infected beef.”
Previous Comments
Reuters is reporting Two More U.S. Herds Quarantined Over Mad Cow, in an effort to track down all of the potentially sick cows.
#141110 | Author: kate | Date: Jan 20 2004
