Wednesday, April 7, 2010 as of 11:14 AM ET
The Kellogg Company (often referred to as Kellogg or Kellogg's in its corporate logo, or even more formally as Kellogg's of Battle Creek), is a producer of cereal and convenience foods, including cookies, crackers, toaster pastries, cereal bars, fruit-flavored snacks, frozen waffles, and vegetarian foods.
Read More at Wikipedia ›Highly rated companies continued to sell bonds at superlow interest rates even as market conditions deteriorated further.
More than $3 billion of new debt hit the high-grade U.S. market Tuesday, led by five companies in the energy and utility sector. The deals were having no problem finding investors despite a continued selloff among riskier assets and more protection-buying in the derivatives market.Equities fell roughly 1%, bank bonds continued to tumble, and the Markit's CDX North America Investment-Grade Index, a barometer of sentiment based on credit default swaps, weakened 2.2%But none of that stopped Progress Energy Inc. (PGN) from issuing $1 billion in a two-part deal of 10- and 30-year first mortgage bonds. They offered respective yields of 2.826% and 4.129%, or spreads of 1.05 and 1.20 points above the comparable Treasury rates.The 10-year bond represents the lowest-ever yield for a 10-year bond from the utility sector, according to Standard & Poor's LCD. The 30-year yield was...Kellogg & Co. said Thursday its first-quarter profit fell to $358 million, or $1 a share, from $366 million, or $1 a share, in the year-ago period. The Battle Creek,...
Former Kellogg CEO Carlos Gutierrez on concerns over rising inflation and the state of the economy.
U.S. stocks closed broadly lower Monday, weighed by uncertainty over Europe's ability to make progress on debt issues after weekend political events in France and th...
FOX Business: The Power to ProsperU.S. and European markets sold off on Monday as traders worried about renewed eurozone political instability and a round of weak ec...
While Wall Street frets about Europe's debt mess and another potential spring slowdown for the U.S. economy, earnings season is off to a surprisingly solid start.The...
FOX Business: The Power to ProsperU.S. and European markets sold off on Monday as traders worried about renewed eurozone political instability and a round of weak ec...
FBN’s Nicole Petallides with a look at what’s moving the markets this afternoon.
FBN’s Tracy Byrnes breaks down the stories moving the markets.
Catalog Choice Founder Chuck Teller discusses how his company can help get your name off mailing lists.
The CBOE Market Volatility Index surged above 20 on Monday as political uncertainties in Europe and a weaker outlook from Kellogg Co. battered stocks. The Vix, also ...
Kellogg Co. (K) cut its 2012 sales and earnings outlook after a weak start to the year, with soft sales volume in the U.S. and lackluster results in Europe.Kellogg's...
Kellogg shares fell 5% to $51.35 in opening trades Monday as the world's largest cereal continues to face an uphill climb to grow sales in the U.S. and Europe. The s...
High-grade corporate issuers sold $3.1 billion of new debt Monday despite continued deterioration in sentiment and a broad market selloff.Kellogg Co. (K) led the way...
Poor sentiment isn't stopping Kellogg Co. (K) from trying to sell a three-part jumbo bond deal in the U.S. debt markets.The cereal company reported plans to issue th...
Diamond Foods Inc. (DMND) named former Hostess Brands Chief Executive Brian J. Driscoll as its new president and chief executive, three months after the snack-food c...
Kraft Food Inc.'s (KFT) first-quarter earnings rose 1.8%, with the food heavyweight posting strong sales growth in Europe despite shaky conditions on the continent, ...
Kraft Foods late Thursday reported first-quarter profit rose 1.8% to $813 million, or 46 cents a share, from $799 million, or 45 cents a share, in the same 2011 peri...
Recent economic anxiety and conventional wisdom suggests selling this May could be wise, but a closer look at history says completely wiping out your equity position...
DOW JONES NEWSWIRESKellogg Co.'s (K) first-quarter earnings fell 2.2% on weakness in Europe and as lower sales of certain products, like Morning Foods and Kashi, hur...
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