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Stock Market & Financial Investment News

News Breaks
February 7, 2014
06:13 EDTKKellogg upgraded to Neutral from Underweight at JPMorgan
JPMorgan upgraded Kellogg to Neutral citing the recent underperformance of shares. The firm lowered its price target for the stock to $55 from $58.
News For K From The Last 14 Days
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October 31, 2014
09:20 EDTKKellogg management to meet with JPMorgan
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October 30, 2014
10:18 EDTKKellogg says has taken some coverage on commodities and packaging for 2015
Says Q3 performance "mostly as expected." Says making progress on Project K. Says has taken some coverage on commodities and packaging for 2015. Sees improvement in operating profit in Q4 in North America, but sees operating profit down for the year. Sees FY14 interest expense $210M. Sees FY14 Project K costs 60c-65c per share. Comments made on the Q3 earnings conference call.
09:12 EDTKKellogg sees FY14 CapEx 4%-5% of net sales
Says essentially covered on commodities and packaging for 2014. Says making good progress supplier-financing initiative. Sees FY CapEx 4%-5% of net sales. Comments from slides that will be presented on the Q3 earnings conference call.
08:14 EDTKKellogg sees FY14 cash flow at low end of $1B-$1.1B range
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08:13 EDTKKellogg reports Q3 North America sales down 4.2% to $2.3B
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08:06 EDTKKellogg sees FY14 EPS with extra week $3.88-$3.96, consensus $3.91
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08:02 EDTKKellogg reports Q3 EPS ex-items 94c, consensus 92c
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October 29, 2014
15:41 EDTKNotable companies reporting before tomorrow's open
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