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Kellanova - 1 Mars - 1 CNBC's David Faber - 1 Hershey - 1 Kris Bahner - 1 Kellogg - 1 WK Kellogg - 1
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☆ Kellanova stock climbs on reports of potential sale to M&M's owner Mars
  + stars: | 2024-08-05 | by ( Amelia Lucas | ) www.cnbc.com   time to read: 1 min
In this articleSignage for Kellanova outside the New York Stock Exchange on Sept. 5, 2023. M&M's owner Mars is in talks to acquire the snacking company, CNBC's David Faber reported, adding rival candy company Hershey is also potentially interested in buying the company. Ten months ago, Kellogg spun off its cereal business, naming the new company WK Kellogg in honor of its founder. The remaining business unit, renamed Kellanova, contained Pringles and Cheez-It and its North American frozen food unit, which includes Morningstar Farms. Including Monday's stock move, Kellanova has a market value of nearly $25 billion.
Persons: Kellanova, Mars, CNBC's David Faber, Hershey, Kris Bahner, Kellogg, WK Kellogg Organizations: New York Stock Exchange, CNBC, Reuters, Morningstar
☆ The best food marketing stunts of the year
  + stars: | 2022-12-23 | by ( Danielle Wiener-Bronner | ) edition.cnn.com   time to read: +10 min
“The Big Cheez-It Tostada and Big Cheez-It Crunchwrap are in such Big demand that our limited offer is no longer available,” the chain said. Diane Bondareff/AP Images for Fancy FeastOver the summer, Fancy Feast invited people to answer the question: What does cat food taste like? The restaurant dishes drew inspiration from Fancy Feast Medleys, cat food that is itself inspired by human food like salmon primavera and turkey florentine. The restaurant’s menu was created by Amanda Hassner, in-house chef for Fancy Feast, as well as restaurateur Cesare Casella, a Michelin star winner, according to a Fancy Feast press release. Papa JohnsAs a permanent addition to the Papa Johns menu, the no-crust, toppings-only Papa Bowls are technically not a stunt.
☆ The hottest holiday gift is a massive, half pound Fruit Loop
  + stars: | 2022-12-17 | by ( Zoe Sottile | ) edition.cnn.com   time to read: +3 min
CNN —Just in time for the holidays, artist collective MSCHF is releasing its newest playful art piece: a giant, 930-calorie, $19.99 fruit loop. The unauthorized massive fruit loop is the group’s latest lighthearted experiment with consumerism. Each one weighs “almost half a pound,” according to MSCHF’s website for the product. In an emailed statement, Kellogg spokesperson Kris Bahner told CNN that the “Big Fruit Loop” constitutes copyright infringement. “Kellogg Company does not have a relationship with MSCHF and we were not involved in the creation of the Big Fruit Loop.
☆ Waffle-maker Eggo fined $85K over toxic gas release at California factory
  + stars: | 2022-12-14 | by ( Marlene Lenthang | Marlene Lenthang Is A Breaking News Reporter For Nbc News Digital. | ) www.nbcnews.com   time to read: +2 min
Waffle-maker company Eggo has been fined $85,000 after being convicted of negligently releasing toxic ammonia from a factory in San Jose, California, prosecutors announced. Prosecutors said anhydrous ammonia is a toxic gas that can cause “severe injury or death.”Eggo managers failed to call 911 until over an hour passed, believing they had stopped the leak. During the delay, 3,400 pounds of anhydrous ammonia escape the factory into the surrounding neighborhood, prompting residents to shelter in place for several hours until the leak was stopped, prosecutors said. “Public safety and the environment are threatened with every passing minute in these cases,” Deputy District Attorney Jason Bussey said. “When companies fail to immediately report a release, they face serious consequences.”Since the fiasco, Eggo has cooperated with regulatory authorities and is upgrading its systems and procedures to prevent future gas releases, prosecutors said.
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