Seviroli Recalls Aplenty Rotini Due Undeclared Allergen
New York-based Seviroli Foodsa Inc. has issued a voluntary recall of a pasta product due to undeclared allergen.
Seviroli Foodsa has recalled Aplenty Rotini with Plant Based Bolognese Meal Kit due undeclared milk in the product. The recalled products were sold through Amazon Fresh stores and Fresh online channels and distributed throughout the U.S.
The company announced the recall after discovering that Seviroli Foods products containing milk were inadvertently packaged in Aplenty-Rotini with Plant Based Bolognese Meal Kit packaging, which does not include milk in the ingredient statement. The issue was discovered on Wednesday, Dec. 22, according to the announcement.
No related illnesses or incidents have been reported to date. All product related to this recall has been removed from Amazon store shelves.
Herald morning quiz: January 4
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Aurora police looking for missing 14-year-old girl
Since Sunday afternoon, Aurora police have been looking for a 14-year-old girl.
Taniya has been missing since early Sunday morning. Authorities in Aurora said Monday they’re still trying to find her.
If you have seen Taniya, who has long hair with pink highlights, or know where she might be, Aurora officials ask you to call 303-627-3100.
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Repay Holdings Buys Payix For Up To $115 Mln – Quick Facts
Repay Holdings Corp. (RPAY), a leading provider of vertically-integrated payment solutions, announced Monday it has acquired Payix n a cash-free, debt-free basis for up to $115 million, including $95 million paid at closing and up to $20 million may become payable through an earnout, which is contingent on Payix’s performance in 2022.
Founded in 2016, Fort Worth, Texas-based Payix is a leading omni-channel payment technology platform providing solutions that facilitate payments, data exchange, and communication to support customer service and collection efforts in loan repayment verticals.
Payix’s software supports a wide range of payment options and modalities, and integrates into loan management systems (LMS) and dealer management systems (DMS) by providing a SaaS approach to collections technology.
The acquisition was financed with cash on hand and available revolver capacity. Repay also announced the upsizing of its revolver capacity by $60 million, increasing its existing $125 million Revolving Credit Facility to $185 million.
Chicago Business Barometer Rises More Than Expected In December
After reporting a slowdown in the pace of growth in Chicago-area business activity in the previous month, MNI Indicators released a report on Thursday showing growth picked back up in the month of December.
MNI Indicators said its Chicago business barometer rose to 63.1 in December from 61.8 in November, with a reading above 50 indicating growth. Economists had expected the business barometer to inch up to 62.0.
The modest rebound by the business barometer came as the new orders index jumped to 66.5 in December from 58.3 in November, nearly recovering to October’s level.
The production index also showed slight increase during the month, reaching its highest reading since July.
Meanwhile, the report showed the employment index dipped for the second month in a row, falling to its lowest level since June.
The prices paid index also dropped to a seven-month low in December but remained above its 12-month average, as shortages of certain materials led to inflated costs.
MNI Indicators noted the inventories index rose for the third straight month to a four-year high, with firms expressing the importance of stocking up due to persistent supply chain disruptions.
I-70 closed through Glenwood Canyon due to 17-vehicle crash
Interstate 70 was closed in both directions through Glenwood Canyon on Monday morning due to a 17-vehicle crash on the highway, according to the Colorado State Patrol.
Fifteen cars and two commercial motor vehicles were involved in the crash, officials said.
Emergency crews were on scene working to clear the incident, the state patrol said.
The closure is between exits 116 (Glenwood Springs) and 133 (Dotsero), according to the Colorado Department of Transportation.
Photos tweeted by Colorado State Patrol showed a mash-up of vehicles facing different directions and slick ice on the interstate.
ITeos Therapeutics Gains 10% As It Is Set To Join S&P SmallCap 600
Shares of iTeos Therapeutics, Inc. (ITOS) are gaining nearly 10% on Monday morning. On Friday, the company announced that it will join S&P SmallCap 600.
ITOS is currently trading at $51.21, up $4.65 or 9.98%, on the Nasdaq.
iTeos Therapeutics will replace Magellan Health Inc. in the S&P SmallCap 600 effective prior to the opening of trading on Wednesday, January 5. S&P 500 constituent Centene Corp. (CNC) is acquiring Magellan Health in a deal expected to be completed soon pending final conditions.