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The Latest Breaking News from Kellogg Co

WK Kellogg Stock Pops 50% On Potential $3 Billion Acquisition

WK Kellogg Co (NYSE:KLG) shares are soaring in Wednesday’s after-hours session following a report that Ferrero is nearing a deal to acquire the company.

Buy, Hold or Sell: Kellogg Co. (K) vs. Hershey Co. (HSY)

Buy, Hold or Sell: Kellogg Co. (K) vs. Hershey Co. (HSY)

Food-making industries are in a prime position to capitalize on the growing demand for organic and ready-to-eat food. While leading food makers Kellogg (K) and Hershey (HSY) should benefit, let us determine whether you should buy, hold, or sell the stocks.

Kellogg will split into three companies to promote growth

Kellogg Co. said it will split into three independent companies, sparking a premarket rally in the food conglomerate’s shares.

Tribune News Service

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Chicago snags Kellogg HQ after three-way split

Kellogg Co. will split into three companies focused on cereals, snacks and plant-based foods. The snack company will have dual campuses in Battle Creek and Chicago, with its headquarters in Chicago.

Chicago Sun-Times

Kellogg Sues British Government Over New Sugar Rules: Reuters

Kellogg Co (NYSE:K) is suing the British government over new rules stopping the display of its breakfast cereals in grocery stores due to high sugar content, Reuters reported. The company said the formula being used by the government to measure the nutritional value of cereals was wrong and not legally implemented. "It…

Investors Push Food Manufacturers Like Kellog, Kraft Heinz To Set New Health Targets: FT

Investors are pushing food manufacturing multinationals including Nestle S.A. (OTC:NSRGY), Danone (OTC:DANOY), Kraft Heinz Co (NASDAQ:KHC), and Kellogg Co (NYSE:K), to set out new disclosures and targets on well being, Financial Times reported. The move comes after Unilever Plc (NYSE:UL) mentioned it would publish diet scores for its meals portfolio towards exterior metrics. The report noted that traders, along…

JPMorgan Sees Downside In This Food Products Giant - Read Why

JPMorgan analyst Ken Goldman downgraded Kellogg Co (NYSE: K) to Underweight from Neutral with a price target of $57, down from $64, implying a 10.38% downside.

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Kellogg Stock Gains On Q4 Earnings Beat

Kellogg Stock Gains On Q4 Earnings Beat

Kellogg Co (NYSE:K) reported a fourth-quarter FY21 sales decline of 1.3% year-on-year, to $3.42 billion, beating the analyst consensus of $3.39 billion. Q4 sales were negatively affected by lapping an extra week in the year-earlier period. Adjusted EPS of $0.83 beat the analyst consensus of $0.79. Kellogg North America's sales decreased 3%, Europe…

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