More love for Kellogg (K +5.3%) (previous): UBS restaurant sector analyst David Palmer approves...

|About: Kellogg Company (K)|By:, SA News Editor

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 overseas and stateside. He also sees Kellogg as more competitive with PepsiCo (PEP -0.6%) in the snack foods market.