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Lives Ended in Gaza
  + stars: | 2024-03-02 | by ( Ben Hubbard | Lauren Leatherby | Hiba Yazbek | ) www.nytimes.com   time to read: +15 min
Lives Ended in Gaza Since the war started, more than 30,000 people have been killed during Israel’s bombardment and invasion. Hamas ruled Gaza and ran a covert military organization, the identity of its fighters unclear, even to other Gazans. She worked with people who had been wounded and displaced by Israeli attacks on Gaza as well as with first responders. She moved to Egypt after the 2014 Gaza war but returned a few months before the current war. He performed complicated operations on Gaza’s war wounded while running Abu Yousef Al-Najjar Hospital in Rafah until his retirement.
Persons: Israel, Marah, Farah, Farah Alkhatib, Kinder, Selena al, Lubna Elian, Yousef Abu Moussa, Abdulhadi, Maram, Youmna Shaqalih, Abdulrahman Abuamara, Ghadeer Mohammed Mansour, Salah, Khaled Jadallah, Doaa Jadallah, Mahmoud Alnaouq, Jannat Iyad Abu Zbeada, Rami Abu Reyaleh, Alhelou, , , , Faida AlKrunz, Saud AlKrunz, tinker, Ahmed Abu Shaeera, Al Aqsa, Youssef Salama, Hedaya Hamad, Salah Abo Harbed, Jeries Sayegh, Inas, “ Sara ”, ” Sayel, Ai Wei Wei’s, Heba Zagout, Ali, Amneh, Belal Abu Samaan, Israel ”, Abu Yousef Al, Abdallah Shehada, Tarazi, Heba Jourany, Osama Al, Haddad, Riyad Alkhatib, ” Mahmoud Elian Organizations: UNICEF, Oxygen, Al, Awda, F.C, Barcelona, Facebook, Islamic, Palestinian Authority, Palestine Red Crescent Society, Free Gaza Circus, Christian, Officially, American International School, Palestine Athletics Federation, Najjar, United Nations, West Bank Locations: Gaza, Israel, Spain, Norway, Italian, Australia, Egypt, Turkey, Bolivia, Argentina, Panama, Mexico, Qatar, Al Aqsa, Jerusalem, “ Palestine, Palestine, Saudi Arabia, Palestinian, Old City, Mazaj, Gaza City, Manhattan, Chicago, Mecca, Rafah, Libya, Uganda, Ireland
Kellogg's is advertising cereal for dinner as an alternative for people struggling with food prices. WK Kellogg CEO Gary Pilnick told CNN last week that the messaging was "landing really well" with customers. Cereal prices shot up 13% in 2022Grocery prices soared during the pandemic as supply-chain chaos pushed up costs for producers. Advertisement"The cereal category has always been quite affordable, and it tends to be a great destination when consumers are under pressure," Pilnick told CNN. Pilnick told CNN last week that more than a quarter of cereal consumption is outside breakfast.
Persons: aren't, WK Kellogg, Gary Pilnick's, Pilnick's, , Gary Pilnick, Marie Antoinette, Marianne Williamson, Pilnick, Sadie Garcia, Kellogg Organizations: Service, CNN, YouTube, American Academy of Pediatrics, American Heart Association, Bureau of Labor Statistics, Graham
Elena Perova | Istock | Getty ImagesJust ahead of the holiday season, Walmart had encouraging news for inflation-weary shoppers: Prices on food and other staples were falling instead of rising. But the retail giant backpedaled this week, saying higher prices on many grocery items and household staples like paper goods have stuck. Food prices climbed 2.6%, fueled by a 5.1% jump in prices for food away from home, a category that includes restaurant meals and vending machine purchases. That gives their makers the ability to keep raising prices to mitigate higher costs, even as their volume drops. Even some of the biggest U.S. brands have signaled that consumers' tolerance of higher prices has worn thin.
Persons: Elena Perova, John David Rainey, Coke, James Quincey, Gregory Daco, airfares, Tyson, Fernando Fernandez, Arun Sundaram, Kraft Heinz, Chocolate, Hershey, Edward Jones, Brittany Quatrochi, Sundaram, Pringles, Kellanova, Heinz, Stefani Reynolds, Brad Thomas, CFRA's Sundaram, Thomas, Frederic J, Brown, Oscar Mayer, Greg Melich Organizations: Istock, Walmart, CNBC, Federal, Depot, Pew Research Center, Maine Foods, Unilever, Nestle, Bloomberg, Getty, Planters, Target, Kroger, AFP, U.S, PepsiCo, Frito, Evercore ISI Locations: Hershey , Pennsylvania, North America, Washington ,, Rosemead , California
Super Bowl LVIII was the most-watched television show in history, as an estimated 123.4 million people watched the Kansas City Chiefs rally in overtime to defeat the San Francisco 49ers. CBS Sports said that figure included viewers across all platforms and was up 7% from last year's 115.1 million average viewers, which was also the previous record. This year's game was the most-streamed Super Bowl in history with a record audience on Paramount+ , the network said. It added that the network saw its best postseason viewership since 1998. Live sports has showed strength even as TV viewership has fragmented and moved to streaming platforms.
Persons: Usher, Christopher Walken, Ben Affleck, Matt Damon, Tom Brady, Quinta Brunson, Jenna Ortega, Kate McKinnon, Jennifer Aniston, Discovery Organizations: Kansas City Chiefs, San Francisco 49ers, CBS Sports, Paramount, National Football League, Super, NFL, Chiefs, Baltimore Ravens, AFC Championship, ESPN, Fox, Warner Bros Locations: Beyoncé
A general view of Super Bowl signage displayed in the NFL Super Bowl Experience ahead of Super Bowl LVIII on February 06, 2024 in Las Vegas, Nevada. Super Bowl 58 kicks off at 6:30 p.m. The Super Bowl is advertising's biggest stage, with companies jockeying for a limited supply of spots to get their products in front of millions of consumers. Even as linear ad revenue slips, companies know there's no opportunity guaranteed to reach more people than the Super Bowl. — Amelia Lucas, Michael Wayland, Micah Washington, Gabrielle Fonrouge, Lorie Konish, Drew Richardson and Jordan Novet contributed to CNBC's Super Bowl coverage.
Persons: Bob Iger, Jason Momoa, Quinta Brunson, Jenna Ortega, Tina Fey, Kate McKinnon, Pete Davidson, Addison Rae, Usher, — Amelia Lucas, Michael Wayland, Micah Washington, Gabrielle Fonrouge, Lorie Konish, Drew Richardson, Jordan Novet Organizations: NFL, Super, AFC, Kansas City Chiefs, NFC, San Francisco 49ers, Disney, CBS Locations: Las Vegas , Nevada, Las Vegas, U.S
Los Angeles CNN —After Ben Affleck appeared as a Dunkin’ drive-thru worker in a Super Bowl commercial last year, the breakfast chain’s sales exploded. “They sold more donuts the next day than any other day in their history,” an individual close to the Dunkin’ Super Bowl campaign told CNN. Affleck was paid close to $10 million dollars for last year’s Dunkin’ Super Bowl commercial, three sources with knowledge of the partnership told CNN. It’s rare for someone that you think of as a true movie star to be paid less than a million.”Most Super Bowl shoots are usually one to two days, the agent added. Even though we’ve got over 30 celebrities in the Super Bowl this year, we had over 70 offers.
Persons: Ben Affleck, Dunkin, , Affleck, ” Scott Murphy, Dunkin ’, Affleck’s Dunkin, Matt Damon, Larry David, Sam Bankman, David, Michael Lewis, Jennifer Aniston, , David Schwimmer, Uber, Chris Pratt, Pringles, Jason Momoa, Martin Scorsese, Tim Curtis, Peter DeLuca, Zach Braff, Donald Faison, John Travolta, Jennifer Beals, Tina Fey, John Cena, Usher, it’s, we’ve, Curtis, ” Curtis, “ You’ve, , Aniston, Schwimmer, Jelly Roll, David Beckham Organizations: Los Angeles CNN, Bowl, , CNN, Boston, Equity, Eastern Congo Initiative, Artists Equity, Super, Hollywood, WME, Mobile, Super Bowl, BMW, CBS Locations: Hollywood, Victoria
PayPal : Shares tumbled 10% Thursday after the financial technology company issued earnings guidance that came up short of Wall Street expectations. PayPal is in the midst of a turnaround plan, but it appears the progress may come slower than expected, Jim Cramer said Thursday. Arm Holdings : Shares surged more than 55% following a better-than-expected December quarter and strong sales and profit guidance for its current three-month period. The rise of GLP-1 weight-loss drugs from Eli Lilly , a longtime Investing Club holding, and Novo Nordisk remains something to watch for food companies like Kellanova, Jim said. "If you really do believe GLP-1s are going to be universal, then there will be less of their product bought," Jim said.
Persons: Jim Cramer, Jim, Ralph Lauren, Hershey, Eli Lilly Organizations: PayPal, Apple, CNBC Investing Club, Nvidia, Amazon, Hershey, Kellogg, Club, Novo Nordisk Locations: U.S, China, Novo
A "crisps and caviar" snack kit from Pringles and The Caviar Co. While brand partnerships are a tried-and-true tactic to get attention, the marketing mashups of 2023 take it to a whole new level. Waning consumer attention spans and the escalating number of marketing messages have forced companies to find novel ways to break through. Beanstalk put together the partnership between Kellogg's Pringles brand and The Caviar Co. after noticing a trend on TikTok where users added a dollop of caviar on the chip. The three caviar kits, priced at $49, $110, and $140 — which include separate containers of Pringles and caviar — went viral on social media, with users posting videos of the kits and doing taste tests.
Persons: Tiffany, Burger King, Daniel Anderson, Allison Ames Organizations: Nike, Revlon, Stone Creamery, Kellogg's, Housewives, New Locations: New York
The use of Eli Lilly 's Mounjaro for weight loss can pull shoppers away from the snack aisle — though the transition will likely be gradual, according to Morgan Stanley. Kaufman noted a six-week study presented at ObesityWeek that showed users of Mounjaro cut calories and weight at a faster clip. The study also produced evidence that medication takers had a "significant reduction in food consumption," as well as fewer cravings for sweets and fast food fats. And while taking Mounjaro reduced food cravings overall, it had a particular impact on sweets, the study found. All four of the snack makers Kaufman said to watch have lost share value in 2023.
Persons: Eli Lilly, Morgan Stanley, Mounjaro, Pamela Kaufman, Kaufman, Hershey, Campbell, — CNBC's Michael Bloom Organizations: Drug Administration, Hershey, Brand Locations: Mondelez
Walmart told the analysts the small group of known customers who take the drugs spend more overall. AdvertisementAdvertisementWalmart is trying to clarify the impact weight-loss drugs like Ozempic and Wegovy are actually having on its bottom line. AdvertisementAdvertisementBut speaking to Morgan Stanley analysts, Walmart has clarified "two potential misconceptions," the analysts wrote. But, within this group, Walmart observed these customers were spending slightly less on food year over year. In aggregate, GLP-1 spending changes are not moving the needle for Walmart's total business, the authors write.
Persons: Morgan Stanley, , John Furner, Furner, hasn't, Rice Krispies Organizations: Walmart, Service, Bloomberg
CNBC's Jim Cramer on Friday gave his take on Kellogg's decision to split into two separate companies, saying investors may want to wait and see how these stories play out before thinking about buying. Kellogg's two businesses are now cereal-focused WK Kellogg and snack-focused Kellanova . "Maybe someday Kellanova will be worth circling back to, but in a world where snack food stocks have gotten the cold shoulder, I don't think we're there yet." Before the split, which was announced last year, snacks accounted for 80% of Kellogg's net sales in 2021. "You've really got to stick your neck out to buy Kellanova or WK Kellogg at these levels, and I don't think they're giving you much reason to take the risk," Cramer said.
Persons: CNBC's Jim Cramer, Kellogg, Bran, Cramer, You've
Food companies fear soaring Ozempic sales could hurt their bottom lines. AdvertisementAdvertisementExecutives at America's biggest food companies can't stop talking about Ozempic . And early data suggests that Ozempic sales will have some impact on the food industry. AdvertisementAdvertisementFor example, if consumers begin to prefer smaller portions, food companies have time to adjust their package sizes, and restaurants have time to modify their menus. "This is not an existential threat to the food industry," he said.
Persons: , Doug McMillon, Arun Sundaram, Morgan Stanley, Walmart's John Furner, Steve Cahillane, Rice Krispies, Jefferies, Sundaram, David M, Gordon, Ozempic Organizations: Service, America's, Nordisk, North, Walmart, Bloomberg, Wall, Cheesecake
Kellogg's cold cereal products are pictured in a market after Kellogg Company announced it would split. REUTERS/Mike Segar/File Photo Acquire Licensing RightsNEW YORK, Oct 2 (Reuters) - Shares of Kellanova (K.N) fell more than 7% on Monday after the packaged food giant, previously known as Kellogg Company, completed the spinoff of its North American cereal business into a new standalone entity called WK Kellogg Company (KLG.N). Under the separation agreement, Kellanova shareholders received one share of WK Kellogg common stock for every four shares of Kellanova stock held as of September 21, a statement said. Kellanova shares fell to as low as $51.83, down 7.2%, after opening at $55.70, while WK Kellogg Company dropped by more than 11% and was last at $13.79. Kellanova will retain its place on the benchmark S&P 500 (.SPX) index, while WK Kellogg shares will join the S&P SmallCap 600 index (.SPCY) on Tuesday, before market open.
Persons: Mike Segar, WK Kellogg, Kellanova, Michael Ashley Schulman, Rice, Piper Sandler, Research's Arun Sundaram, Chibuike Oguh, Lance Tupper, Christina Fincher Organizations: Kellogg Company, REUTERS, WK Kellogg Company, WK Kellogg, New York Stock Exchange, Running, Capital Advisors, MorningStar, Jefferies, Thomson Locations: New York, U.S, Kellanova, California, American, Bengaluru
Kellogg's cereal business began trading on the New York Stock Exchange at $13.80 per share as "WK Kellogg Co" after spinning off from its parent company on Monday morning. It now houses snacking brands like Pringles and Cheez-It and its North American frozen food unit, which includes Morningstar Farms. Kellanova is trading under Kellogg's ticker "K," while WK Kellogg is under the ticker "KLG." Shares of Kellanova were down roughly 3% in morning trading, and WK Kellogg's stock fell 5%. Shareholders received one share of WK Kellogg for every four shares of Kellogg they owned as of Sept. 21.
Persons: WK Kellogg, Kellogg Organizations: Kellogg Company, New York Stock Exchange, Morningstar, Kellogg Locations: Queens , New York City, U.S, Kellanova
Jim Cramer's week ahead: Focus on September jobs report
  + stars: | 2023-09-29 | by ( Julie Coleman | ) www.cnbc.com   time to read: +2 min
CNBC's Jim Cramer said next Friday's nonfarm payrolls — the employment data over the past month — may decide if October will see a market rally. On Tuesday, spice and flavor manufacturer McCormick will report earnings, and beverage company Molson Coors will have an analyst meeting. Cramer said the tech company is coming off the report of a great quarter and forecast, and he thinks the stock could have more room to run. Cramer again emphasized Friday's labor report, saying in order to have a "strong October," the nonfarm payrolls need to show some slack in the workforce. Cramer noted the jobs report will not come out if the government shuts down.
Persons: CNBC's Jim Cramer, Cramer, Kellogg, WK Kellogg, McCormick, Okta, we'd, Jay Powell Organizations: Labor, Molson Coors, Dell, Federal Reserve, Fed
Iconic chip company Pringles just revealed a new high-end collab
  + stars: | 2023-09-20 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailIconic chip company Pringles just revealed a new high-end collabPringles partnered with The Caviar Co. for a limited edition mash-up. The 'Crisps and Caviar Collection' will combine the iconic chips with The Caviar Co.'s two types of caviar: Classic White Sturgeon and Smoked Trout Roe. Customers can choose from three kit offerings priced at $49, $110 and $140. The collab was born from a viral TikTok trend where users topped Pringles with a dollop of caviar.
Persons: Pringles, Trout
You can now eat Pringles like a Real Housewife of New York City. Pringles on Tuesday announced a brand new collaboration with The Caviar Company which will pair the iconic paraboloid chips with high-end caviar. The limited edition partnership was borne out of the popular TikTok trend, which has seen users adding a dollop of caviar onto Pringles. The videos under the trend have been viewed more than 10 billion times. "From TikTok reviews to reality TV housewives, the nation is craving Pringles and caviar," Pringles US marketing lead Mauricio Jenkins said in a statement.
Persons: Mauricio Jenkins Locations: New York City, Pringles
Kellogg's Corn Flakes, owned by Kellogg Company, are seen for sale in a store in Queens, New York City, U.S., February 7, 2022. REUTERS/Andrew Kelly/File PhotoAug 9 (Reuters) - Packaged food maker Kellogg (K.N) said on Wednesday its snacking business Kellanova is expected to report full-year sales between $13.4 billion and $13.6 billion after Kellogg separates into two units at the end of the year. Kellogg last year unveiled plans to split the company to sharpen its focus on the snack business. The cereal business, WK Kellogg, which will be home to brands including Kellogg's and Froot Loops, is expected to post full-year net sales of $2.7 billion. Earlier this month, Kellogg forecast a smaller drop in annual profit than previously expected following multiple price hikes for its breakfast snacks and cereals.
Persons: Andrew Kelly, Kellogg, Kellanova, , WK Kellogg, Savyata Mishra Organizations: Kellogg Company, REUTERS, Kellogg, Thomson Locations: Queens , New York City, U.S, Bengaluru
During the period, while U.S. inflation averaged 7.5% Walmart kept prices steady, the Dataweave analysis shows. Reuters Graphics Reuters GraphicsThis was during a time when world food prices hit record highs and U.S. food-at-home prices rose in the double digits. Food-at-home prices, or prices of food bought at grocery stores and supermarkets, are expected to rise a further 6.6% this year, according to the U.S. Department of Agriculture. The data set, which included batteries in the basket of goods, showed that Walmart sold Energizer batteries at a significant discount to rivals. Similarly, at least two different types of Energizer coin batteries sold at Walmart were found to be between 30% and 35% cheaper than the next lowest priced rival.
Kellogg lifts annual forecasts on price hikes, resilient demand
  + stars: | 2023-05-04 | by ( ) www.reuters.com   time to read: +2 min
May 4 (Reuters) - Kellogg Co (K.N) on Thursday forecast a smaller drop in annual profit and raised the lower end of its sales outlook on the back of consistent price hikes and resilient demand for its cereals and snacks. Shares of the Michigan-based company rose marginally in premarket trading after the Corn Flakes maker beat market expectations for first-quarter revenue and profit. The Pringles maker's strong outlook reflects comments from peers PepsiCo Inc (PEP.O) and Hershey Co (HSY.N), who also lifted their annual forecasts in recent months boosted by price increases. However, organic volumes declined by 1.9% in the first quarter, while overall prices rose 15.6%. Net sales in the first quarter rose 10.4% to $4.05 billion, beating analysts' estimate of $3.95 billion, according to Refinitiv IBES data.
Kellogg brand Cheez-it crackers arranged at a supermarket in Dobbs Ferry, New York, US, on Wednesday, June 22, 2022. Kellogg Co. said it will split into three independent companies, sparking a rally in the food conglomerates shares. Kellogg on Wednesday revealed it will name its snacking unit Kellanova as part of its plan to separate into two independent public companies. Kellanova, which will include brands like Pringles and Cheez-Its, will retain the "K" stock ticker currently used by the food giant. The North American cereal unit will be renamed WK Kellogg Co.
New York CNN —Kellogg has picked a name for its new spinoff companies. As for “WK Kellogg Co.,” well, that’s a little more straight forward because its named after company founder William Keith Kellogg. Employees helped decide the names, Kellogg (K) said. Kellogg (K)” and others that included a variation of the word “nova.”Despite the silly sounding results, landing on a spinoff name is harder than it looks. Kellanova is using the NYSE ticker symbol “K,” while ticker and exchange information about “WK Kellogg Co.” will be announced in the coming months.
Kellogg is renaming its snack business "Kellanova" — a combo of Kellogg and a Latin word for "new." Kellogg is naming its snacking division "Kellanova," the latest step in breaking up the company, it said on Wednesday. The name draws inspiration from the Kellogg name and a common Latin word, Kellogg CEO Steve Cahillane said in a statement. Etsy and Mondelez are among other companies with Latin namesKellanova is hardly the first company rebrand to draw inspiration from Latin. Before that, cigarette maker Philip Morris said it would change its name to "Altria" in an allusion to the Latin word for "high," the Journal reported in 2001.
The Super Bowl ads on Sunday are poised to promote an unusual mix of alcohol brands, gambling and Jesus. The Super Bowl still regularly draws an audience of around 100 million people, making it TV’s biggest event of the year and advertising’s biggest night. Planters’ Super Bowl ad features comedians mocking Mr. Peanut. The ads are likely to strike a lighter tone than the occasionally somber messages of Super Bowl ads in recent, highly politicized years or the early pandemic, said Anjali S. Bal, an associate professor of marketing at Babson College. Many Super Bowl advertisers have again released their ads well before Super Bowl Sunday to increase their chances of being seen.
The Pringles maker, which is in the process of a three-way break-up of its business, also said it has decided to keep its plant-based business, which represents 2% of net sales, in-house. Kellogg had last June announced plans to explore strategic options for its profitable MorningStar Farms business. The company forecast organic sales growth of 5% to 7% for full year 2023, as it expects sustained demand for its snacks and emerging markets business region. Shares of the Michigan-based company rose 1.5% before the bell. Kellogg's net sales rose 12% to $3.83 billion in the fourth quarter ended Dec. 31.
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