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The Latest Breaking News from Steve Cahillane

Unusual Trading in Kraft Heinz Call Options After CEO Interview - Is KHC Stock a Buy?

Heavy, unusual trading in Kraft Heinz call options occurred today after a Reuters interview with the company's new CEO. He outlined his turnaround plan, but so far, KHC stock has been volatile since its Q1 earnings.

Kraft Heinz’s new CEO wants food giant to focus on value: ‘Consumers are literally running out of money’

Kraft Heinz’s new CEO wants food giant to focus on value: ‘Consumers are literally running out of money’

Steve Cahillane warned that new global conflicts like the war in Iran could fuel more inflation, at a time when past price increases have already hurt grocery sales

The Independent UK

Berkshire Hathaway Makes First Buyback in Nearly Two Years Amid Kraft Heinz Split Hold

Berkshire Hathaway Makes First Buyback in Nearly Two Years Amid Kraft Heinz Split Hold

Berkshire Hathaway resumes share buybacks after nearly two years as CEO Greg Abel backs Kraft Heinz decision to pause its planned company split.

International Business Times

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Strong Jobs Report Leaves Markets Flat: Stock Market Today

Investors, traders and speculators are taking time to weigh the latest labor market data against their hopes for lower interest rates.

Kraft Heinz pausing plan to split into two companies

The new CEO insisted that many of the company’s challenges are ‘fixable and within our control’

The Independent UK

The Mars-Kellanova merger bolsters them against 2 big threats—inflation and Ozempic

“Snacking is very driven by impulse. It's very driven traditionally, by indulgence,” one analyst said.

Kellanova, the home of Pringles, Pop-Tarts, and Cheez-Its, needs to master the art of rebranding

Kellanova, led by CEO Steve Cahillane, owns just over 80% of the old Kellogg Company's portfolio after a split last October.

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Kellanova's CEO talks about the snap, crackle, and pop it takes to lead a global snacking business

Kellanova's CEO talks about the snap, crackle, and pop it takes to lead a global snacking business

Plus, the results are in from the latest Fortune/Deloitte CEO Survey.

Analysis: Why Did Kellogg Company Reconfigure Itself By Creating Three Businesses?

Analysis: Why Did Kellogg Company Reconfigure Itself By Creating Three Businesses?

This morning's announcement by Kellogg Company (NYSE: K) to disconnect its North American cereal and plant-based foods businesses and create three new independent publicly-traded companies via a tax-free spinoff

Why Kellogg Shares Are Trading Higher Today

Why Kellogg Shares Are Trading Higher Today

Kellogg Company (NYSE:K) reported first-quarter FY22 sales growth of 2.4% year-on-year to $3.67 billion, beating the consensus of $3.59 billion. Adjusted EPS of $1.10 beat the analyst consensus of $0.93. Kellogg North America's sales decreased 1%, Europe climbed 2%, Latin America's sales gained 8%, Asia Pacific, Middle East, and Africa's sales jumped 12%.…

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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