Stocks and Finance

Kellogg

Kellogg 5/15/2012

08:23 : Kellogg adding snap to brand - Battle Creek-based Kellogg Co. on Monday said it will refresh its brand, introducing an updated version of its classic logo, adding a consumer-friendly website and placing a heavier emphasis on the importance of breakfast.
Source : detnews-com

Kellogg 5/14/2012

10:40 : Kellogg ([[K]] -0.4%) appears set to float a series of bond offerings ... - Kellogg (K -0.4%) appears set to float a series of bond offerings related to raising funds for its pricey acquisition of Pringles. The timing could be good for the company with Treasury yields falling - that is as long as corporate bond ...
Source : seekingalpha-com

Kellogg 4/26/2012

07:53 : Kellogg Co. profit falls, sales dip 1.3% - NEW YORK (MarketWatch) - Kellogg & Co. said Thursday its first-quarter profit fell to $358 million, or $1 a share, from $366 million, or $1 a share, in the year-ago period. The Battle Creek, Mich., food company's sales fell 1.3% to $3.44 ...
Source : marketwatch-com

Kellogg 4/23/2012

15:46 : U.S. stocks drop on Europe, Kellogg, Wal-Mart - SAN FRANCISCO (MarketWatch) -- U.S. stocks closed broadly lower Monday, weighed by uncertainty over Europe's ability to make progress on debt issues after weekend political events in France and the Netherlands; Chinese manufacturing data; ...
Source : marketwatch-com
12:09 : 3XSQ: Wal-Mart probe, Kellogg warns - April 23 - Wal-Mart's reputation and management team are under intense scrutiny following a report in the New York Times, and Kellogg cuts its outlook for 2012.
Source : reuters-com
11:02 : Kellogg Cuts '12 View As Weak US Volume Hurts 1Q Results - Kellogg Co. (K) cut its 2012 sales and earnings outlook after a weak start to the year, with soft sales volume in the U.S. and lackluster results in E...
10:05 : Kellogg cuts outlook; shares fall 5.9 percent - (Reuters) - Kellogg Co cut its full-year outlook on Monday after a disappointing first-quarter performance, and its shares fell nearly 6 percent in premarket trading.
Source : reuters-com
09:33 : Kellogg shares hit by downbeat forecast - SAN FRANCISCO (MarketWatch) -- Kellogg shares fell 5% to $51.35 in opening trades Monday as the world's largest cereal continues to face an uphill climb to grow sales in the U.S. and Europe. The stock was among the top percentage decliners ...
Source : marketwatch-com
09:23 : Kellogg Not Great, Europe Jittery And Stocks Drop - The SPY is down 1.4% this morning after disappointing reports from Kellogg and ConocoPhillips. Everyone is looking for the biggest factor why we are down this morning. There are many contributing factors that have added ...
Source : forbes-com
07:17 : Kellogg, hurt by Europe, cuts 2012 profit outlook - BATTLE CREEK, Mich. (AP) -- Kellogg Co. is cutting its 2012 earnings forecast, partly because declines in its European business led to a softer-than-anticipated first quarter....
Source : usnews-com
06:59 : Kellogg cuts estimate for FY 2012 profit - NEW YORK (MarketWatch) -- Kellogg Co. warned on Monday that its full-year earnings will be less than it previously expected due to weakness in its European business and weak volume in some U.S. operations, as well as plans to invest in ...
Source : marketwatch-com

Kellogg 4/21/2012

16:11 : Kellogg Takes Aim at Snack Foods - In a world with less time for cereal, the Kellogg team in Battle Creek, Mich., is leaping into new snack markets #x2014; as reflected in its pending deal for Pringles.
Source : nytimes-com

Kellogg 2/23/2012

15:50 : Analyst: Kraft, Heinz & Kellogg Can Weather Weak U.S. Sales - Grocery giants Kraft, H.J. Heinz and Kellogg are posed to sustain declining American sales thanks to strong overseas interests, innovation and new acquisitions, according to UBS analyst David Palmer.
Source : forbes-com

Kellogg 2/17/2012

17:23 : Kellogg obtains $1B bridge loan for Pringles purchase - Barclays Plc is providing a $1 billion bridge loan to finance Kellogg Co.'s $2.7 billion purchase of Procter & Gamble Co.'s Pringles potato chip business.
Source : detnews-com

Kellogg 2/16/2012

02:01 : Kellogg takes big step to buy Pringles - Kellogg Co. made a bold move Wednesday to build a global snacks business that rivals its cereal empire by buying the Pringles canned potato crisp line.
Source : detnews-com

Kellogg 2/15/2012

14:36 : Kellogg to swallow Pringles for $2.7 billion - (Reuters) - Kellogg Co agreed to swallow Pringles potato chips for $2.7 billion in a cash deal that makes the cereal company second only to PepsiCo Inc in the global snack food market.
Source : reuters-com
13:12 : More love for Kellogg ([[K]] +5.3%) (previous): UBS restaurant sector ... - More love for Kellogg (K +5.3%) (previous): UBS restaurant sector analyst David Palmer approves of the deal (video) to snap up the Pringles brand - noting that the company is now bigger in an area that's "clearly expanding" both ...
Source : seekingalpha-com
12:17 : Kellogg to buy Pringles; P&G, Diamond end deal - (02-15) 05:20 PST NEW YORK, (AP) -- Troubled snack food maker Diamond Foods Inc. and Procter & Gamble Co. have called off their $1.5 billion deal for Diamond to buy the Pringles brand. Cereal maker Kellogg ...
Source : sfgate-com
11:09 : Kellogg shares get pop from Pringles deal - SAN FRANCISCO (MarketWatch) -- Investors piled into Kellogg Wednesday after the company made a rare acquisition, sending the cereal maker's shares up 5% to $52.79 in morning trades. Kellogg said it would buy the Pringles chip ...
Source : marketwatch-com
10:26 : Kellogg Bids for Pringles - Kellogg stepped in with a $2.7 billion bid to buy the Pringles potato-chip brand from P&G after Diamond Foods' deal was called off following an accounting probe.
Source : wsj-com
09:55 : Before the Bell: China pledge, EU data, Kellogg in spotlight - Ahead of the opening bell, investors were digesting China’s pledge to help resolve problems in the euro zone, data on euro-zone growth and news that Kellogg will pay $2.7 billion for Pringles snacks.
Source : marketwatch-com
09:42 : Kellogg Offers $2.7 Billion for Pringles - Kellogg stepped in with a $2.7 billion bid to buy the Pringles potato-chip brand from P&G after Diamond Foods' deal was called off following an accounting probe.
Source : wsj-com
09:38 : Kellogg To Buy Pringles For $2.7 Billion - Procter & Gamble will sell its Pringles product line to cereal-maker Kellogg for $2.7 billion, the companies said Wednesday morning. Kellogg shares rose in pre-market trading, while P&G stock was virtually ...
Source : forbes-com
08:49 : Futures Rise on Chinese Reassurance, Kellogg, Procter & Gamble, and Comcast - Futures on the Dow Jones Industrial Average (DJIA) are pointing toward modest gains following the opening bell, after People's Bank of China Governor Zhou Xiaochuan expressed his belief that Europe can overcome ...
Source : forbes-com
08:44 : Diamond's Pringles deal ended; Kellogg steps in - New York— Troubled snack food maker Diamond Foods Inc. and Procter & Gamble Co. have called off their $1.5 billion deal for Diamond to buy the Pringles brand. Cereal maker Kellogg Co. is ...
Source : detnews-com
08:27 : Kellogg to buy Pringles from P&G for $2.7 billion - (Reuters) - Kellogg Co said on Wednesday it will buy the Pringles business from Procter & Gamble Co for $2.7 billion in cash, as it aims to build its position in the global snacks market comparable to its strength ...
Source : reuters-com
08:19 : Kellogg Buying Pringles from Procter & Gamble for $2.7 Billion - Kellogg Co. said on Wednesday it will buy the Pringles business from Procter & Gamble Co for $2.7 billion in cash, as it aims to build its position in the global snacks market comparable to its strength in the cereal ...
Source : ibtimes-com
08:04 : Diamond's Pringles deal ended; Kellogg steps in - NEW YORK (AP) -- Troubled snack food maker Diamond Foods Inc. and Procter & Gamble Co. have called off their $1.5 billion deal for Diamond to buy the Pringles brand. Cereal maker Kellogg Co. ...
Source : usnews-com
07:38 : More on the Kellogg (K) - Pringles deal: Anticipates increasing its outsta - More on the Kellogg (K) - Pringles deal: Anticipates increasing its outstanding debt by approximately $2B. Says deal will be accretive to 2012 earnings by $0.08-$0.10 per share. Transaction will generate one-time costs of between $160M-$180M. ...
Source : seekingalpha-com
07:37 : Shares of Kellogg (K) move up 4.1% premarket following the announcement ... - Shares of Kellogg (K) move up 4.1% premarket following the announcement that it snapped up the Pringles brand. Seller Procter & Gamble (PG) trades 0.3% higher, while Diamond Foods (DMND) still ...
Source : seekingalpha-com
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