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Kellogg Co (K.N)

K.N on New York Stock Exchange

67.40USD
22 Jun 2018
Change (% chg)

$0.56 (+0.84%)
Prev Close
$66.84
Open
$67.22
Day's High
$67.68
Day's Low
$66.93
Volume
929,349
Avg. Vol
724,989
52-wk High
$71.57
52-wk Low
$56.40

Latest Key Developments (Source: Significant Developments)

Kellogg Declares Regular Dividend Of $0.54 Per Share; Announces Plans For 4 Pct Dividend Increase
Friday, 27 Apr 2018 

April 27 (Reuters) - Kellogg Co ::KELLOGG COMPANY DECLARES REGULAR DIVIDEND OF $0.54 PER SHARE AND ANNOUNCES PLANS FOR 4% DIVIDEND INCREASE.KELLOGG - PLANS TO INCREASE QUARTERLY DIVIDEND BY 4 PERCENT TO $0.56/SHARE BEGINNING WITH Q3 2018.  Full Article

Prescience Point Capital Management Says Published A Report Explaining Short Position On Kellogg Company
Thursday, 26 Apr 2018 

April 26 (Reuters) - Prescience Point Capital Management::PRESCIENCE POINT CAPITAL MANAGEMENT SAYS PUBLISHED A REPORT EXPLAINING ITS SHORT POSITION ON KELLOGG COMPANY.  Full Article

Kellogg Says On Dec 21, Unit Notified Coöperatieve Rabobank That Would Wind-Down Disclosed Accounts Receivable Securitization Program
Wednesday, 27 Dec 2017 

Dec 27 (Reuters) - Kellogg Co ::KELLOGG SAYS ON DEC 21, UNIT NOTIFIED COÖPERATIEVE RABOBANK THAT WOULD WIND-DOWN DISCLOSED ACCOUNTS RECEIVABLE SECURITIZATION PROGRAM - SEC FILING.KELLOGG - WIND-DOWN WILL COMMENCE DEC 29, NO NEW RECEIVABLES WILL BE SOLD INTO ACCOUNTS RECEIVABLE SECURITIZATION PROGRAM AFTER DEC 28.KELLOGG-TERMINATING ACCOUNTS RECEIVABLE SECURITIZATION PROGRAM ON DECLINING CUSTOMER INTEREST IN EXTENDED-TERMS PROGRAM,ACCOUNTING GUIDELINES‍​ CHANGES.KELLOGG SAYS TERMINATING ACCOUNTS RECEIVABLE SECURITIZATION PROGRAM WILL HAVE NO IMPACT ON CO'S CASH FLOW.  Full Article

Kellogg Board Of Directors Has Approved A Share Repurchase Authorization Of Up To $1.5 Bln
Friday, 15 Dec 2017 

Dec 15 (Reuters) - Kellogg Co ::KELLOGG COMPANY ANNOUNCES SHARE REPURCHASE AUTHORIZATION.KELLOGG CO - BOARD OF DIRECTORS HAS APPROVED A SHARE REPURCHASE AUTHORIZATION OF UP TO $1.5 BILLION.KELLOGG - UNDER NEW AUTHORIZATION, CO MAY BUY BACK SHARES FROM JAN. 1, 2018, THROUGH DEC. 31, 2019.  Full Article

Soros Fund Management takes share stake in GM, Cenovus Energy
Tuesday, 14 Nov 2017 

Nov 14 (Reuters) - Soros Fund Management::Ups share stake in Kellogg by 40.6 percent to 382,697 shares - SEC filing.Ups share stake in Amazon.com by 33.3 percent to 10,000 shares.Takes share stake of 100,000 shares in Anadarko.Ups share stake in Kraft Heinz by 48.6 percent to 684,733 shares.Takes share stake of 1.2 million shares in Cenovus Energy.Takes share stake of 185,686 shares in GM.Change in holdings are as of Sept. 30, 2017 and compared with the previous quarter ended as of June 30, 2017.  Full Article

Kellogg chairman John Bryant reports sale of 190,000 shares of common stock
Monday, 13 Nov 2017 

Nov 13 (Reuters) - Kellogg Co :Kellogg Co ‍​says chairman John Bryant reports open market sale of 190,000 shares of co's common stock at average price of $63.01 per share on Nov 9 - SEC filing.  Full Article

Kellogg files for potential senior notes due 2027, size undisclosed
Tuesday, 7 Nov 2017 

Nov 7 (Reuters) - Kellogg Co :Kellogg Co files for potential senior notes due 2027, size not disclosed - SEC filing‍​.  Full Article

Kellogg on conf call- Q3 benefited from some DSD-related shipments that were expected to come in Q2
Tuesday, 31 Oct 2017 

Oct 31 (Reuters) - Kellogg Co :On conf call- Eggo had Q3 share gains on removal of artificial colors and flavors and success of disney shaped waffles‍​.On conf call- Eggo also benefited from the exit of a competitor.Cereal is a tough category right now but we have a stronger commercial plan in place, particularly as we get to 2018.Net sales in Q3 picked up about a percentage point from trade inventory build ahead of hurricanes.Also benefited from some DSD-related shipments that we expected to come in Q2.Gave customers list price adjustment in Q3 as we no longer provide services of ordering, warehousing delivery and stocking.  Full Article

Kellogg Company reports 2017 third quarter diluted earnings per share $ 0.85
Tuesday, 31 Oct 2017 

Oct 31 (Reuters) - Kellogg Co :Kellogg Company reports 2017 third quarter results.Kellogg Co - qtrly ‍​ reported diluted earnings per share $ 0.85.Kellogg Co - qtrly ‍​ comparable diluted earnings per share $ 1.05.Kellogg Co - reaffirmed its financial outlook for the full year 2017‍​.Kellogg Co - qtrly U.S. Morning foods reported net sales $‍​710 million versus $733 million.Kellogg Co - qtrly reported net sales $3,273 ‍mln.Kellogg Co - qtrly U.S. Snacks reported net sales $760‍​ million versus $796 million.Kellogg Co - qtrly comparable net sales $3,221‍​ million.Kellogg Co - qtrly operating profit margin expansion got an added boost from transition out of direct-store delivery‍​.Q3 earnings per share view $0.94, revenue view $3.21 billion -- Thomson Reuters I/B/E/S.Fy2017 earnings per share view $3.97, revenue view $12.70 billion -- Thomson Reuters I/B/E/S.Kellogg co - qtrly sales were reduced Y-O-Y by list-price adjustment & impacts from transitioning out of DSD in U.S. Snacks.Kellogg co - qtrly sales remained pressured by "softness" in the health and wellness segment of the cereal category in the U.S..Kellogg co - recorded pre-tax mark-to-market charges of $104 million for quarter ended September 30, 2017‍​.  Full Article

Kellogg declares regular dividend of $0.54 per share
Friday, 20 Oct 2017 

Oct 20 (Reuters) - Kellogg Co ::Kellogg Company declares regular dividend of $0.54 per share.  Full Article

Kellogg issues massive Honey Smacks cereal recall over Salmonella risk

Kellogg Co said on Thursday it is recalling an estimated 1.3 million cases of its Honey Smacks cereal from more than 30 U.S. states due to the potential for Salmonella contamination, in the latest case of U.S. food products possibly tainted by the illness-causing bacteria.