Terra Takes Charge for Cost of U.K. Recall.(Terra Industries announces after-tax charges per share of stock)(Brief Article)(Statistical Data Included)

Terra Industries says it will take an after-tax charge of 13 cts/share, about $9.8 million, because a U.K. subsidiary was found liable for the cost of a 1998 carbonated beverages recall, but Terra says it believes the recall cost should ultimately be paid by its insurance carrier, as well as ICI, the previous owner of Terra's U.K. business, which it acquired at the end of 1997. The charge, as well as $4 million in costs for an "extended …