Latest Kellogg Company (K) Headlines
Recent Beef Recall Shows High Cost of Tainted Foods
John Mitchell, The Motley Fool - Motley Fool - Thu Mar 13, 4:21PM CDT
The FDA's expansion of the Ranchero Feeding Corporation's beef recall was announced in Minnesota yesterday, the 43rd state to be affected. The Minnesota StarTribune , in its coverage of the incident, stated, "The USDA's public declaration of the...
This Turnaround Company Could Enrich Investors
Jacob Meredith, The Motley Fool - Motley Fool - Wed Mar 12, 9:46PM CDT
Diamond Foods has an extremely high debt load and has recently been accused of accounting fraud. This may not be an investment for the faint of heart, but if you believe in second chances then this company could reward you handsomely. Jumping...
Kinross Reaches Agreement With Unions to End Strike at Maricunga
Marketwire - Wed Mar 12, 5:41PM CDT
Kinross Gold (TSX: K)(NYSE: KGC) is pleased to announce that a memorandum of understanding has been signed with its two unions at its Maricunga mine in Chile to end a strike which started on March 5th. Kinross has reached an agreement that is fair and reasonable to both its employees and the Company and recognizes the cost challenges at Maricunga and the current gold price environment. The strike is not expected to impact the Company's 2014 regional guidance for the Americas. Management plans to return to normal operations as soon as possible.
3 Everyday Companies Dividend Investors Should Own
Jacob Meredith, The Motley Fool - Motley Fool - Wed Mar 12, 3:10PM CDT
In today's world of low interest rates and a poor outlook on bonds looking forward, finding yield is often a difficult task. However, by investing in General Mills , ConAgra , and Kellogg , you could be earning dividends currently yielding 3%,...
Can Food Giant General Mills Prove It's More Than Just a Dividend Play?
Joseph Solitro, The Motley Fool - Motley Fool - Wed Mar 12, 1:20PM CDT
General Mills , the packaged-goods powerhouse, has shown slowed growth over the past year, and this has caused its stock to underperform the overall market. One strong quarter could get General Mills' shares back on an upward track, and the...
Concise Analysis of the International Frozen Bakery Market - Forecasts to 2018
M2 - Wed Mar 12, 4:47AM CDT
Research and Markets (http://www.researchandmarkets.com/research/6f8wk7/frozen_bakery) has announced the addition of the "Concise Analysis of the International Frozen Bakery Market - Forecasts to 2018" report to their offering. The global industry has been on a higher growth trajectory for the last few years. The growth is largely fuelled by hectic schedules and rising awareness of nutritional facts amongst people. The market has grown considerably in recent times and is expected to continue its growth in the future. For instance, bread is considered as one of the leading staple food worldwide. Factors such as availability of a variety of bakery products and quality demand of buyers have encouraged quite a few leading frozen bakery product suppliers to expand their chain across the world. There has been a considerable rise in the number of over-the-counter and retail bakeries. Better value for money and new gender behavior are a few of the other reasons for the increase in consumption of products. The world is witnessing an increase in the number of bakery businesses, with consumers opting for the more reasonably priced frozen bakery products to other baked fast foods. The segment is anticipated to show robust growth in North America and Europe. Consumers are also benefited with the purchase of frozen bakery, as it is easy for them to keep it for a longer period of time. Key Topics Covered: 1 Introduction 2 Executive Summary 3 Market Overview 4 Industry Analysis 5 Market Analysis 6 Frozen Bakery Products Market, By Types 7 By Distribution Channels 8 By Geography 9 Competitive Landscape 10 Company Profiles Companies Mentioned: - Alpha Baking Company Inc - Aryzta AG - Associated British Foods Plc - Barilla Holding SPA - Bridgford Foods Corporation - Cargill Incorporated - Cole's Quality Foods Inc - Custom Foods Inc - Deiorios Frozen Dough Products - Europastry - Flowers Foods Inc - General Mills Inc - Grupo Bimbo - Kellogg Company - Lantmannen Unibake - Maple Leaf Foods Inc - Pepperidge Farm - Premier Foods Plc - Vandemoortele - Warburtons Bakery For more information visit http://www.researchandmarkets.com/research/6f...zen_bakery
Kellogg Company 2014 Annual Shareowners Meeting to be Webcast Live
PR Newswire - Tue Mar 11, 12:35PM CDT
Kellogg Company (NYSE: K) will host a live audio webcast of its 2014 annual meeting of shareowners. Presentation slides will be available for viewing and download.
This Poor Performer Could Be a Healthy Pick for Your Portfolio
Pratik Thacker, The Motley Fool - Motley Fool - Mon Mar 10, 12:01PM CDT
U.S. consumers seem to be getting conscious about their health, which has led to a change in their food preferences. Hence, there has been a shift in demand for cereals as consumers seek out yogurts, breakfast sandwiches, and smoothies as healthier...
Kellogg Company Announces Early Tender Results of its Tender Offer and Increase to Tender Cap for the 4.000% Senior Notes due 2020
PR Newswire - Mon Mar 10, 7:30AM CDT
Kellogg Company (NYSE: K) (the "Company") announced today the early tender results of its previously announced tender offer (the "Tender Offer") to purchase for cash up to $700.0 million combined aggregate principal amount (the "Maximum Tender Amount") of its 2.750% Senior Notes due 2023 (the "2023 Notes"), its 3.125% Senior Notes due 2022 (the "2022 Notes"), and its 4.000% Senior Notes due 2020 (the "2020 Notes," and collectively with the 2022 Notes and the 2023 Notes, the "Notes") and increased the Tender Cap (as defined below) for the 2020 Notes from $100.0 million to $150.0 million. Except for such increase, all other terms and conditions of the Tender Offer remain unchanged.
Breakfast Cereals Market Report 2013 - Available Now
M2 - Mon Mar 10, 4:29AM CDT
Research and Markets (http://www.researchandmarkets.com/research/3rrrbv/breakfast_cereals) has announced the addition of the "Breakfast Cereals Market Report 2013" report to their offering. Cereals have traditionally been the UK's favourite breakfast solution. However, changes in consumer behaviour mean that the market is facing growing external competition from other sectors, such as bakery products and breakfast biscuits. Moreover, manufacturers also have to deal with a rising level in internal competition from own labels that offer consumers similar or better quality products than brands but at better value. Competition between breakfast cereals brands themselves is also high. Volume sales are stagnating and veering towards decline. Falling consumption is attributed to not only consumer demand for variety, but also a decline in consumer spending and the fact that a growing percentage of consumers are skipping breakfast entirely. Brands appear to be either performing very well or struggling. The market is divided into two main sectors. Ready-to-eat (RTE) cereals make up the bulk of the industry. Staples are the sole subsector to have declined in 2012. Growth in the adult indulgence subcategory was slow. The fastest-growing subsectors were children's and health cereals. Children's is the largest subcategory in the RTE cereals segment. In 2012, health cereals overtook staples to become the second-largest subsector in the category. This reflects growing consumer demand for healthier breakfast cereals. They want nutritious products that will keep them full until lunchtime. This trend helps to explain the popularity of the muesli subcategory, as well as the double-digit growth in the hot cereals sector. As a result of these growths the overall market increased in value by 3.4% in 2012. Although the hot cereals category only accounts for 11.7% of the breakfast cereals market, it had a greater relative growth in 2012 in comparison with RTE cereals. This is not only due to the fact that consumers believe these cereals are healthier than traditional RTE variants, but also because of their growing availability in on-the-go and instant formats. Consumers are eating porridge and other hot cereals as they commute and at work as they no longer have time to sit down and eat a proper meal due to their busy schedules. The authors expect that the breakfast cereals industry will continue to rise in value in the future. However, growth will slow. Overall, the market is forecast to rise by 10.6%. Successful marketing campaigns and innovation will play a critical role in this growth. The focus of innovation will be healthier breakfast cereals, premium flavours, on-the-go and instant formats, and the development of entirely new varieties of cereal to ensure the market continues to captivate consumers. Key Topics Covered: Executive Summary Market Definition Market Size Industry Background Competitor Analysis Strengths, Weaknesses, Opportunities and Threats Buying Behavior Current Issues The Global Market Forecasts Company Profiles Further Sources Companies Mentioned - Dailycer UK Ltd - Dorset Cereals Ltd - Doves Farm Foods Ltd - The Jordans & Ryvita Company Ltd - Kellogg Company Of Great Britain Ltd - Morning Foods Ltd - Weetabix Ltd For more information visit http://www.researchandmarkets.com/research/3r...st_cereals About Research and Markets Research and Markets is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends.
Kellogg Company Announces Pricing of Tender Offer
PR Newswire - Fri Mar 07, 2:47PM CST
Kellogg Company (NYSE: K) announced today the pricing of its previously announced tender offer (the "Tender Offer") to purchase for cash up to $700.0 million combined aggregate principal amount (the "Maximum Tender Amount") of its 2.750% Senior Notes due 2023 (the "2023 Notes"), its 3.125% Senior Notes due 2022 (the "2022 Notes"), and its 4.000% Senior Notes due 2020 (the "2020 Notes," and collectively with the 2022 Notes and the 2023 Notes, the "Notes"). The amounts of each series of Notes that are purchased will be determined in accordance with the acceptance priority levels specified in the table below and on the cover page of the Offer to Purchase dated February 24, 2014 (the "Offer to Purchase") in the column entitled "Acceptance Priority Level" (the "Acceptance Priority Level"), with 1 being the highest Acceptance Priority Level and 3 being the lowest Acceptance Priority Level. In addition, no more than $500.0 million aggregate principal amount of the 2022 Notes and no more than $100.0 million aggregate principal amount of the 2020 Notes will be purchased (the "Tender Caps").
Kinross Completes US$500 Million Unsecured Debt Offering
Marketwire - Thu Mar 06, 4:01PM CST
Kinross Gold Corporation (TSX: K)(NYSE: KGC) ("Kinross") announced today that it has closed its previously-announced offering of debt securities, consisting of US$500 million principal amount of its 5.95% Senior Notes due 2024. The notes are unsecured, senior obligations of Kinross and are wholly and unconditionally guaranteed by certain of Kinross' wholly-owned subsidiaries that are also guarantors under Kinross' senior unsecured credit agreement. Kinross intends to use the net proceeds to repay a portion of its term loan, which is due August 2017.
Unionized Employees Strike at Maricunga Mine
Marketwire - Wed Mar 05, 4:16PM CST
Unionized employees at Kinross Gold Corporation's (TSX: K)(NYSE: KGC) Maricunga mine in Chile's Region III have initiated strike action following the failure to reach agreement on a new collective agreement at the mine. Mining operations at Maricunga have been suspended, while the heap leach facility and processing plant remain in operation in order to meet environmental compliance obligations. Kinross is unable at this time to predict when striking employees may return to work, or what the production impact may be, but will update the market as appropriate. The Maricunga mine produced approximately 188,000 gold equivalent ounces in 2013.
Jim Cramer: Ghost-Town Sectors Are Hopping
at The Street - Wed Mar 05, 10:08AM CST
These sectors almost never see the kind of rallies they just had.
This Meat Producer Should Be Perfect for Hungry Investors
Himanshu Poddar, The Motley Fool - Motley Fool - Tue Mar 04, 11:35AM CST
Food companies have numerous problems to deal with, including rising input costs and lower demand for products such as chicken. However, meat companies seem to have some added worries that are hampering their performances. For example, bird-flu...
Ex-Dividends To Watch: 3 Stocks Going Ex-Dividend Tomorrow: ROYT, RS, K
at The Street - Mon Mar 03, 9:00AM CST
ROYT RS K are going ex-dividend tomorrow, Tuesday, March 4, 2014, 5:00 AM ET
U.S. Olympic Athletes Team Up With Kellogg's To Help Give Great Starts Back Home
PR Newswire - Mon Mar 03, 8:00AM CST
Today kicks off National Breakfast Week, March 3-7, and Kellogg's has partnered with Action for Healthy Kids® and Team Kellogg's(TM) U.S. Olympic and Paralympic athletes to help provide two million breakfasts to children in need through the "Give A Great Start" program.
Recent Beef Recall Shows High Cost of Tainted Foods
John Mitchell, The Motley Fool - Motley Fool - Thu Mar 13, 4:21PM CDT
The FDA's expansion of the Ranchero Feeding Corporation's beef recall was announced in Minnesota yesterday, the 43rd state to be affected. The Minnesota StarTribune , in its coverage of the incident, stated, "The USDA's public declaration of the...
This Turnaround Company Could Enrich Investors
Jacob Meredith, The Motley Fool - Motley Fool - Wed Mar 12, 9:46PM CDT
Diamond Foods has an extremely high debt load and has recently been accused of accounting fraud. This may not be an investment for the faint of heart, but if you believe in second chances then this company could reward you handsomely. Jumping...
Kinross Reaches Agreement With Unions to End Strike at Maricunga
Marketwire - Wed Mar 12, 5:41PM CDT
Kinross Gold (TSX: K)(NYSE: KGC) is pleased to announce that a memorandum of understanding has been signed with its two unions at its Maricunga mine in Chile to end a strike which started on March 5th. Kinross has reached an agreement that is fair and reasonable to both its employees and the Company and recognizes the cost challenges at Maricunga and the current gold price environment. The strike is not expected to impact the Company's 2014 regional guidance for the Americas. Management plans to return to normal operations as soon as possible.
3 Everyday Companies Dividend Investors Should Own
Jacob Meredith, The Motley Fool - Motley Fool - Wed Mar 12, 3:10PM CDT
In today's world of low interest rates and a poor outlook on bonds looking forward, finding yield is often a difficult task. However, by investing in General Mills , ConAgra , and Kellogg , you could be earning dividends currently yielding 3%,...
Can Food Giant General Mills Prove It's More Than Just a Dividend Play?
Joseph Solitro, The Motley Fool - Motley Fool - Wed Mar 12, 1:20PM CDT
General Mills , the packaged-goods powerhouse, has shown slowed growth over the past year, and this has caused its stock to underperform the overall market. One strong quarter could get General Mills' shares back on an upward track, and the...
Concise Analysis of the International Frozen Bakery Market - Forecasts to 2018
M2 - Wed Mar 12, 4:47AM CDT
Research and Markets (http://www.researchandmarkets.com/research/6f8wk7/frozen_bakery) has announced the addition of the "Concise Analysis of the International Frozen Bakery Market - Forecasts to 2018" report to their offering. The global industry has been on a higher growth trajectory for the last few years. The growth is largely fuelled by hectic schedules and rising awareness of nutritional facts amongst people. The market has grown considerably in recent times and is expected to continue its growth in the future. For instance, bread is considered as one of the leading staple food worldwide. Factors such as availability of a variety of bakery products and quality demand of buyers have encouraged quite a few leading frozen bakery product suppliers to expand their chain across the world. There has been a considerable rise in the number of over-the-counter and retail bakeries. Better value for money and new gender behavior are a few of the other reasons for the increase in consumption of products. The world is witnessing an increase in the number of bakery businesses, with consumers opting for the more reasonably priced frozen bakery products to other baked fast foods. The segment is anticipated to show robust growth in North America and Europe. Consumers are also benefited with the purchase of frozen bakery, as it is easy for them to keep it for a longer period of time. Key Topics Covered: 1 Introduction 2 Executive Summary 3 Market Overview 4 Industry Analysis 5 Market Analysis 6 Frozen Bakery Products Market, By Types 7 By Distribution Channels 8 By Geography 9 Competitive Landscape 10 Company Profiles Companies Mentioned: - Alpha Baking Company Inc - Aryzta AG - Associated British Foods Plc - Barilla Holding SPA - Bridgford Foods Corporation - Cargill Incorporated - Cole's Quality Foods Inc - Custom Foods Inc - Deiorios Frozen Dough Products - Europastry - Flowers Foods Inc - General Mills Inc - Grupo Bimbo - Kellogg Company - Lantmannen Unibake - Maple Leaf Foods Inc - Pepperidge Farm - Premier Foods Plc - Vandemoortele - Warburtons Bakery For more information visit http://www.researchandmarkets.com/research/6f...zen_bakery
Kellogg Company 2014 Annual Shareowners Meeting to be Webcast Live
PR Newswire - Tue Mar 11, 12:35PM CDT
Kellogg Company (NYSE: K) will host a live audio webcast of its 2014 annual meeting of shareowners. Presentation slides will be available for viewing and download.
This Poor Performer Could Be a Healthy Pick for Your Portfolio
Pratik Thacker, The Motley Fool - Motley Fool - Mon Mar 10, 12:01PM CDT
U.S. consumers seem to be getting conscious about their health, which has led to a change in their food preferences. Hence, there has been a shift in demand for cereals as consumers seek out yogurts, breakfast sandwiches, and smoothies as healthier...
Kellogg Company Announces Early Tender Results of its Tender Offer and Increase to Tender Cap for the 4.000% Senior Notes due 2020
PR Newswire - Mon Mar 10, 7:30AM CDT
Kellogg Company (NYSE: K) (the "Company") announced today the early tender results of its previously announced tender offer (the "Tender Offer") to purchase for cash up to $700.0 million combined aggregate principal amount (the "Maximum Tender Amount") of its 2.750% Senior Notes due 2023 (the "2023 Notes"), its 3.125% Senior Notes due 2022 (the "2022 Notes"), and its 4.000% Senior Notes due 2020 (the "2020 Notes," and collectively with the 2022 Notes and the 2023 Notes, the "Notes") and increased the Tender Cap (as defined below) for the 2020 Notes from $100.0 million to $150.0 million. Except for such increase, all other terms and conditions of the Tender Offer remain unchanged.
Breakfast Cereals Market Report 2013 - Available Now
M2 - Mon Mar 10, 4:29AM CDT
Research and Markets (http://www.researchandmarkets.com/research/3rrrbv/breakfast_cereals) has announced the addition of the "Breakfast Cereals Market Report 2013" report to their offering. Cereals have traditionally been the UK's favourite breakfast solution. However, changes in consumer behaviour mean that the market is facing growing external competition from other sectors, such as bakery products and breakfast biscuits. Moreover, manufacturers also have to deal with a rising level in internal competition from own labels that offer consumers similar or better quality products than brands but at better value. Competition between breakfast cereals brands themselves is also high. Volume sales are stagnating and veering towards decline. Falling consumption is attributed to not only consumer demand for variety, but also a decline in consumer spending and the fact that a growing percentage of consumers are skipping breakfast entirely. Brands appear to be either performing very well or struggling. The market is divided into two main sectors. Ready-to-eat (RTE) cereals make up the bulk of the industry. Staples are the sole subsector to have declined in 2012. Growth in the adult indulgence subcategory was slow. The fastest-growing subsectors were children's and health cereals. Children's is the largest subcategory in the RTE cereals segment. In 2012, health cereals overtook staples to become the second-largest subsector in the category. This reflects growing consumer demand for healthier breakfast cereals. They want nutritious products that will keep them full until lunchtime. This trend helps to explain the popularity of the muesli subcategory, as well as the double-digit growth in the hot cereals sector. As a result of these growths the overall market increased in value by 3.4% in 2012. Although the hot cereals category only accounts for 11.7% of the breakfast cereals market, it had a greater relative growth in 2012 in comparison with RTE cereals. This is not only due to the fact that consumers believe these cereals are healthier than traditional RTE variants, but also because of their growing availability in on-the-go and instant formats. Consumers are eating porridge and other hot cereals as they commute and at work as they no longer have time to sit down and eat a proper meal due to their busy schedules. The authors expect that the breakfast cereals industry will continue to rise in value in the future. However, growth will slow. Overall, the market is forecast to rise by 10.6%. Successful marketing campaigns and innovation will play a critical role in this growth. The focus of innovation will be healthier breakfast cereals, premium flavours, on-the-go and instant formats, and the development of entirely new varieties of cereal to ensure the market continues to captivate consumers. Key Topics Covered: Executive Summary Market Definition Market Size Industry Background Competitor Analysis Strengths, Weaknesses, Opportunities and Threats Buying Behavior Current Issues The Global Market Forecasts Company Profiles Further Sources Companies Mentioned - Dailycer UK Ltd - Dorset Cereals Ltd - Doves Farm Foods Ltd - The Jordans & Ryvita Company Ltd - Kellogg Company Of Great Britain Ltd - Morning Foods Ltd - Weetabix Ltd For more information visit http://www.researchandmarkets.com/research/3r...st_cereals About Research and Markets Research and Markets is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends.
Kellogg Company Announces Pricing of Tender Offer
PR Newswire - Fri Mar 07, 2:47PM CST
Kellogg Company (NYSE: K) announced today the pricing of its previously announced tender offer (the "Tender Offer") to purchase for cash up to $700.0 million combined aggregate principal amount (the "Maximum Tender Amount") of its 2.750% Senior Notes due 2023 (the "2023 Notes"), its 3.125% Senior Notes due 2022 (the "2022 Notes"), and its 4.000% Senior Notes due 2020 (the "2020 Notes," and collectively with the 2022 Notes and the 2023 Notes, the "Notes"). The amounts of each series of Notes that are purchased will be determined in accordance with the acceptance priority levels specified in the table below and on the cover page of the Offer to Purchase dated February 24, 2014 (the "Offer to Purchase") in the column entitled "Acceptance Priority Level" (the "Acceptance Priority Level"), with 1 being the highest Acceptance Priority Level and 3 being the lowest Acceptance Priority Level. In addition, no more than $500.0 million aggregate principal amount of the 2022 Notes and no more than $100.0 million aggregate principal amount of the 2020 Notes will be purchased (the "Tender Caps").
Kinross Completes US$500 Million Unsecured Debt Offering
Marketwire - Thu Mar 06, 4:01PM CST
Kinross Gold Corporation (TSX: K)(NYSE: KGC) ("Kinross") announced today that it has closed its previously-announced offering of debt securities, consisting of US$500 million principal amount of its 5.95% Senior Notes due 2024. The notes are unsecured, senior obligations of Kinross and are wholly and unconditionally guaranteed by certain of Kinross' wholly-owned subsidiaries that are also guarantors under Kinross' senior unsecured credit agreement. Kinross intends to use the net proceeds to repay a portion of its term loan, which is due August 2017.
Unionized Employees Strike at Maricunga Mine
Marketwire - Wed Mar 05, 4:16PM CST
Unionized employees at Kinross Gold Corporation's (TSX: K)(NYSE: KGC) Maricunga mine in Chile's Region III have initiated strike action following the failure to reach agreement on a new collective agreement at the mine. Mining operations at Maricunga have been suspended, while the heap leach facility and processing plant remain in operation in order to meet environmental compliance obligations. Kinross is unable at this time to predict when striking employees may return to work, or what the production impact may be, but will update the market as appropriate. The Maricunga mine produced approximately 188,000 gold equivalent ounces in 2013.
Jim Cramer: Ghost-Town Sectors Are Hopping
at The Street - Wed Mar 05, 10:08AM CST
These sectors almost never see the kind of rallies they just had.
This Meat Producer Should Be Perfect for Hungry Investors
Himanshu Poddar, The Motley Fool - Motley Fool - Tue Mar 04, 11:35AM CST
Food companies have numerous problems to deal with, including rising input costs and lower demand for products such as chicken. However, meat companies seem to have some added worries that are hampering their performances. For example, bird-flu...
Ex-Dividends To Watch: 3 Stocks Going Ex-Dividend Tomorrow: ROYT, RS, K
at The Street - Mon Mar 03, 9:00AM CST
ROYT RS K are going ex-dividend tomorrow, Tuesday, March 4, 2014, 5:00 AM ET
U.S. Olympic Athletes Team Up With Kellogg's To Help Give Great Starts Back Home
PR Newswire - Mon Mar 03, 8:00AM CST
Today kicks off National Breakfast Week, March 3-7, and Kellogg's has partnered with Action for Healthy Kids® and Team Kellogg's(TM) U.S. Olympic and Paralympic athletes to help provide two million breakfasts to children in need through the "Give A Great Start" program.
