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Stock Market & Financial Investment News

News Breaks
April 4, 2014
08:57 EDTKKellogg volatility increases to 55
Kellogg overall option implied volatility of 19 is above its 26-week average of 15 according to Track Data, suggesting large price movement.
News For K From The Last 14 Days
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August 4, 2015
17:00 EDTKOn The Fly: Top stock stories for Tuesday
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10:04 EDTKKellogg expects sales to improve in 2H15 over 1H15
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09:58 EDTKKellogg on track to meet FY15 expectations, sees improved visibility in 2016
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08:06 EDTKKellogg sees hitting currency-neutral comparable sales long-term target in 2016
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08:05 EDTKKellogg backs FY15 currency-neutral comparable EPS down 2% to flat
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08:02 EDTKKellogg reports Q2 comparable EPS 92c, consensus 92c
Reports Q2 revenue $3.49B, consensus $3.47B. Reports Q2 Currency-Neutral Comparable EPS 97c. Currency-neutral comparable net sales increased by 0.1% in the second quarter; sales increased in the Latin American and Asia Pacific regions and in the Frozen Foods and Canadian businesses in North America.
August 3, 2015
14:59 EDTKNotable companies reporting before tomorrow's open
Notable companies reporting before tomorrow's open, with earnings consensus, include CVS Health (CVS), consensus $1.20... Regeneron (REGN), consensus $2.77... Aetna (AET), consensus $1.82... Emerson Electric (EMR), consensus 83c... Kellogg (K), consensus 92c... Charter (CHTR), consensus 36c... MGM Resorts (MGM), consensus 11c... Coach (COH), consensus 30c... Hyatt Hotels (H), consensus 46c... Scripps Networks (SNI), consensus $1.26... Office Depot (ODP), consensus 6c.
14:26 EDTKKellogg technical notes before results
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August 2, 2015
14:46 EDTKKellogg reaches five-year master contract with labor union
Kellogg and the Bakery, Confectionery, Tobacco and Grain Millers union announced the ratification of a new five-year master contract that covers the company's four ready-to-eat cereal plants in Battle Creek, MI; Memphis, TN; Omaha, NE; and Lancaster, PA. The current contract is scheduled to expire on October 3. Approximately 1,300 employees are covered under this new contract. The contract narrows the gap in labor costs at the company's RTEC locations across its manufacturing network and in the industry, according to Kellogg. It includes concessions on future healthcare costs, and the company also noted that there will be no retiree health care for new hires. There also will be a new transitional employee classification that will provide "more competitive" wages and benefits along with the opportunity to reach regular employee status. Finally, while the contract includes Kellogg's commitment to keep all four of its U.S. RTEC plants open for at least the next five years, Kellogg noted that it has "the flexibility to optimize production lines as the category continues to evolve."
July 24, 2015
11:00 EDTKKellogg increases quarterly dividend 2%
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