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Stock Market & Financial Investment News

News Breaks
February 20, 2013
07:25 EDTKKellogg sees FY13 reported EPS up 5%-7%, consensus $3.87
Sees FY13 reported net sales up approximately 7%, consensus $15.28B. Sees FY cash flow $1.1B-$1.2B. Sees reported operating profit growth slightly higher than EPS growth. Sees "solid" sales growth in Q1, highest net inflation of the year. Long-term targets include: Internal net sales growth 3%-4%-, underlying operating profit growth 4%-6%, underlying currency-neutral EPS growth 7%-9%. Comments from slides that will be presented at CAGNY 2013.
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06:32 EDTKKellogg downgraded to Hold from Buy at Societe Generale
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