Kellogg Company (K) - NYSE
  • Jun. 25, 2014, 11:46 AM
    | Jun. 25, 2014, 11:46 AM | 1 Comment
  • May 27, 2014, 7:28 AM
    • A $6.4B offer by Pilgrim Pride's (PPC) to buy Hillshire Brands (HSH) could rattle the food sector.
    • For starters, the deal could spoil Hillshire's offer on the table to buy Pinnacle Foods (PF).
    • The quick analyst take on a PPC-HSH combination is favorable with the companies focused in different areas (chicken vs. packaged meat) which could lead to easy access to new distribution channels.
    • Premarket: HSH +22.9% to $45.49, PF -5.3% to $31.50.
    • Also on merger watch in the food sector: THS, SJM, GIS, KRFT, CPB, ADM, BGS, RAH, HAIN, K CAG
    | May 27, 2014, 7:28 AM | 2 Comments
  • Apr. 7, 2014, 11:01 AM
    • A number of food stocks are moving higher on talk of consolidation in the sector.
    • Kellogg (K +1.7%) is front and center of most of the chatter, while General Mills (GIS +1.4%), Pinnacle Foods (PF +0.8%), and J.M. Smucker (SJM +0.7%) are also in the mix.
    | Apr. 7, 2014, 11:01 AM
  • Feb. 24, 2014, 9:15 AM
    • A boosted dividend rate and new $1.5 buyback allowance is good enough to help give shares of Kellogg (K) a lift.
    • The company has also initiated a tender offer to purchase up to $700M in senior notes.
    • K +1.8% premarket
    | Feb. 24, 2014, 9:15 AM
  • Nov. 19, 2013, 9:33 AM
    • A soft quarter from Campbell Soup (CPB -5.5%) is having a ripple effect across the sector.
    • The company's comments on the impact of pricing in the sector is creating a scare.
    • Decliners: Kellogg (K-0.8%, Post Holdings (POST-0.7%, PepsiCo (PEP-0.5%, General Mills (GIS-0.7%.
    | Nov. 19, 2013, 9:33 AM | 1 Comment
  • May 2, 2013, 9:40 AM
    Shares of Kellogg (K -1%) could be a minor steal today after the company's earnings miss has some investors skittish. Though food input costs hit the company hard in Q1, Kellogg backed its guidance for the full-year and sees inflation moderating considerably.
    | May 2, 2013, 9:40 AM
  • Feb. 14, 2013, 8:11 AM

    Campbell Soup (CPB) jumps 2.2% premarket on news that Heinz is worth a hefty premium. General Mills (GIS) +0.9% and Kellogg (K) +0.7% are also getting a nudge from the M&A activity in the food sector.

    | Feb. 14, 2013, 8:11 AM
  • Jan. 16, 2013, 8:01 AM

    More cereal malaise: Credit Suisse downgrades Kellogg (K) to Underperform from Neutral. The analyst cut follows a slash by Goldman Sachs on General Mills last week on the same dim view of the growth potential for cereal brands. K -1.1% premarket.

    | Jan. 16, 2013, 8:01 AM
  • Nov. 8, 2012, 9:03 AM

    Kellogg (K) reaffirms its guidance for 2012 and sets a preliminary outlook for 2013 that analysts see as a touch light. The company expects internal sales growth of 2% to 3% and EPS to fall in a range of $3.18-$3.30. More details may emerge from the company's investor day meeting occurring today. (webcast) K -1.1% premarket.

    | Nov. 8, 2012, 9:03 AM
  • Jul. 30, 2012, 11:14 AM

    Covidien (COV +1.2%) continues the rise it began on Tuesday last week ahead of its FQ3 EPS beat on Thursday and hits a new 52-week high of $56.21. SA author Stephen Simpson calls Covidien "a leading growth story at a reasonable price." The company today said it has received 510(K) clearance for its Nellcor Bedside SpO2 Patient Monitoring System.

    | Jul. 30, 2012, 11:14 AM | 1 Comment
  • Apr. 23, 2012, 11:17 AM

    With stocks retreating sharply in the U.S. and Europe on bad news from Kellogg (K -5%) and bribery allegations at Wal-Mart (WMT -4.6%), depressing eurozone PMI, and political uncertainty in Holland and France, the Vix fear index makes a comeback, surging 15.8% to 20.19.

    | Apr. 23, 2012, 11:17 AM
  • Apr. 23, 2012, 7:22 AM
    Shares of Kellogg (K) fall 5.7% after the company lowers guidance for Q1 and full-year 2012. Rival General Mills (GIS) is also trading lower in sympathy, down 1.2%.
    | Apr. 23, 2012, 7:22 AM
  • Feb. 16, 2012, 11:44 AM

    DA Davidson agrees with Herb Greenberg's assessment of Diamond Foods (DMND +1.9%) this morning. The firm says the Diamond's recent announcement that it was terminating its purchase of Pringles was a positive for the stock, and brings it closer to being acquired by Kellogg (K -0.1%).

    | Feb. 16, 2012, 11:44 AM | 2 Comments
  • Feb. 15, 2012, 1:09 PM

    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.

    | Feb. 15, 2012, 1:09 PM
  • Feb. 15, 2012, 11:58 AM

    Kellogg (K +5.2%) shares power higher after scooping up Pringles from Procter & Gamble (PG) and analysts line up to approve the deal. Deutsche Bank applauds Kellogg for expanding away from cereal, estimating snacks will now represent 46% of total sales vs. 40% previously: "This is important as almost all cultures embrace snacks while few globally embrace cereal."

    | Feb. 15, 2012, 11:58 AM
  • Feb. 15, 2012, 9:05 AM

    Premarket gainers: BPAX +51%. IPAS +21%. BCRX +14%. WCG +11%. TSEM +9%. CMCSK +8%. EGLE +7%. CLWR +7%. CMCSA +6%. ANF +6%. HIG +6%. VTG +5%. TTM +4%. K +3%. BCS +3%. DANG +3%. YGE +3%. DMND +3%. MET +3%. ACAS +3%. GNOM +3%. BZH +3%. COF +3%. TEVA +3%. MLU +3%.
    Losers: VG -12%. NBG -9%. RENN -8%. NZGA -6%. OC -5%. FXCM -3%. ALU -3%.

    | Feb. 15, 2012, 9:05 AM
Company Description
Kellogg Co. operates as a food manufacturing company. It engages in the manufacturing, marketing and distribution of cereal and convenience foods, including cookies, crackers, toaster pastries, cereal bars, frozen waffles and meat alternatives. The company's brands include Kellogg's, Keebler,... More
Industry: Processed & Packaged Goods
Country: United States