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Kellogg Co (K)

K on New York Consolidated

64.89USD
20 Sep 2017
Change (% chg)

$-0.98 (-1.49%)
Prev Close
$65.87
Open
$64.89
Day's High
$65.59
Day's Low
$63.70
Volume
4,343,135
Avg. Vol
2,206,794
52-wk High
$78.69
52-wk Low
$63.70

Latest Key Developments (Source: Significant Developments)

Soros Fund Management LLC dissolves share stake in Alphabet, Amgen, American Airlines ‍​
Monday, 14 Aug 2017 05:11pm EDT 

Aug 14 (Reuters) - Soros Fund Management LLC::Soros Fund Management LLC dissolves share stake in Alphabet Inc class A shares ‍​.Soros Fund Management LLC dissolves share stake in Amgen Inc.Soros Fund Management LLC dissolves share stake in American Airlines Group Inc.Soros Fund Management ups share stake in Kraft Heinz Co by 95.4 percent to 460,733 shares.Soros Fund Management cuts share stake in Scripps Networks Interactive Inc by 93.7 percent to 4,000 class A shares.Soros Fund Management takes share stake of 272,198 shares in Kellogg Co.Soros Fund Management takes share stake of 198,500 shares in Staples Inc.Soros Fund Management says change in holdings are as of June 30, 2017 and compared with the previous quarter ended as of March 31, 2017.  Full Article

Kellogg on conf call- In-store promotion activity was reduced in Q2
Thursday, 3 Aug 2017 10:15am EDT 

Aug 3 (Reuters) - Kellogg Co :On conf call - already shipping through warehouse to all of our customers.Volume sales fell due to broad softness in consumption in U.S. And Pringles promo activity stemming from our Q1 pricing negotiations in Europe, which lingered into Q2.Expect emerging markets growth to pick up in second half.In-Store promotion activity was reduced in Q2.Had sharp declines in snacks volumes sold on promotion, sizable increases in average prices, driven by us and our customers wanting to mitigate big shipment swings during transition in distribution.Europe expected to remain challenging in near term.Cereal category remained softer than expected in Q2.  Full Article

Kellogg Q2 comparable earnings per share $0.97
Thursday, 3 Aug 2017 08:00am EDT 

Aug 3 (Reuters) - Kellogg Co ::Kellogg Company reports 2017 second quarter results.Qtrly reported earnings per share $0.80; Qtrly comparable earnings per share $0.97.Reaffirms 2017 guidance‍​.Qtrly reported net sales $3,187 million versus $3,268 ‍​million.Qtrly comparable net sales $3,137 million versus $3,261‍​ million.Qtrly reported net sales for U.S. morning foods $679 million versus $727 million.FY2017 earnings per share view $3.91, revenue view $12.66 billion -- Thomson Reuters I/B/E/S.Qtrly reported net sales for U.S. snacks $803 million versus $803 million.Q2 revenue view $3.16 billion -- Thomson Reuters I/B/E/S‍​.Q2 earnings per share view $0.92 -- Thomson Reuters I/B/E/S.  Full Article

Avon Products appoints Jonathan Myers chief operating officer
Tuesday, 20 Jun 2017 04:01pm EDT 

June 20 (Reuters) - Avon Products Inc -:Avon Products, Inc. appoints Jonathan Myers as chief operating officer.Avon Products Inc says ‍most recently, Jonathan served as kellogg's vice president, western european markets, and managing director, uk and ireland​.Avon Products Inc - James Scully, Avon's current executive vice president and chief operating officer, will be leaving company on october 1, 2017.Avon Products - Fernando Acosta, Avon's executive vice president and chief marketing and social selling officer, will be leaving co, Nov 1st 2017.  Full Article

Kellogg company reports 2017 first quarter results
Thursday, 4 May 2017 08:00am EDT 

May 4 (Reuters) - Kellogg Co : :Kellogg company reports 2017 first quarter results.Kellogg Co - qtrly reported diluted earnings per share $ 0.74.Says company reaffirms its guidance for currency-neutral operating profit and earnings per share, as well as for cash flow.Kellogg Co - qtrly comparable diluted earnings per share $ 1.06.Kellogg Co qtrly reported net sales $3,254 million, down 4.1 percent.Kellogg Co - qtrly U.S. Morning foods net sales $719 million versus $767 million.Says " got off to a slow start on net sales, as mentioned previously, but we expect sequential improvement in coming quarters".Q1 earnings per share view $0.99, revenue view $3.28 billion -- Thomson Reuters I/B/E/S.Kellogg Co - on track toward full-year 2017 forecasts for currency-neutral comparable operating profit, earnings and cash flow.Kellogg Co - qtrly U.S. snacks net sales $781 million versus $832 million.Kellogg Co - qtrly currency-neutral comparable eps $ 1.09.Kellogg Co - Q1 reported, currency-neutral comparable net sales decreased, owing to softness in underlying consumption, particularly early in quarter.Kellogg co - "U.S. Morning foods, U.S. Snacks, and Europe region got off to a soft start to the year".  Full Article

Kellogg executive says expects to see sequential improvement in Q2 - conf call
Thursday, 4 May 2017 07:40am EDT 

May 4 (Reuters) - :Kellogg CEO - experienced reduction in trade inventory in Q1 due to early shipments in Q4 in categories in U.S. - conf call.Kellogg CEO - encountered customer-specific interruptions in Q1, related to price pack changes on Pringles to cover input costs, product reformulations, currency - conf call.Kellogg executive - "Q1 was not the norm", expect to see sequential improvement in Q2 with further improvement coming in the second half - conf call.  Full Article

Kellogg declares regular dividend of $0.52 per share, plans to raise dividend to $0.54 per share beginning Q3 2017
Friday, 28 Apr 2017 11:05am EDT 

April 28 (Reuters) - Kellogg Co ::Kellogg Company declares regular dividend of $0.52 per share and announces plans for 4% dividend increase.Board of directors announced plans to increase quarterly dividend by four percent to $0.54 per share beginning with Q3 of 2017.  Full Article

Kellogg Co says three-year extension of its collegiate multimedia rights partnership with IMG
Monday, 3 Apr 2017 02:08pm EDT 

Kellogg Co :Kellogg Co says three-year extension of its collegiate multimedia rights partnership with IMG.  Full Article

Kellogg's Cheez-It and Pringles announce multi-year partnership with Major League Soccer
Thursday, 2 Mar 2017 09:01am EST 

Kellogg Co :Says Cheez-It and Pringles officially announced a multi-year partnership with Major League Soccer.  Full Article

Kellogg Company declares regular dividend of $0.52 per share
Friday, 17 Feb 2017 01:51pm EST 

Kellogg Co :Kellogg Company declares regular dividend of $0.52 per share.  Full Article

Kellogg defeats Mondelez in cookie-packaging patent fight

A federal appeals court on Thursday upheld the dismissal of a patent infringement case Mondelez International Inc brought against rival food company Kellogg Co.