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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

☆ 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

☆ Kellogg forecasts annual sales of up to $13.6 bln for snacks business ahead of split
▼ + stars: | 2023-08-09 | by ( ) www.reuters.com time to read: +1 min

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

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. "Management has discarded the company's long-held family friendly marketing approach to politicize and sexualize its products," the group said. The EEOC can sue companies if it finds that their employment practices amount to illegal discrimination. "Kellogg’s employment practices are unlawfully based on 'equity,' which is a euphemism for illegal discrimination," Reed Rubenstein, a lawyer with the group, wrote in the letter. America First said it also had sent a letter to Kellogg's board of directors on Wednesday threatening shareholder litigation if the company maintains the allegedly illegal policies.

Persons: Andrew Kelly, Kellogg, Stephen Miller, Donald Trump, RuPaul, Reed Rubenstein, America, Daniel Wiessner, Stephen Coates Organizations: Kellogg Company, REUTERS, Wednesday, America, Donald Trump . America, U.S, Opportunity Commission, Management, Supreme, Tuesday, Target Corp, Thomson Locations: Queens , New York City, U.S, Albany , New York

☆ Review: The Toyota Tacoma is a charming pickup truck — which makes up for its imperfections
▼ + stars: | 2023-03-24 | by ( Alanis King | ) www.businessinsider.com time to read: +7 min

The 2023 Toyota Tacoma is one of the last in this generation of the mid-size pickup truck. The 2023 Toyota Tacoma. The 2023 Toyota Tacoma. The 2023 Toyota Tacoma. The 2023 Toyota Tacoma.

☆ Kellogg's snacking unit, which includes Cheez-It and Pringles, gets a new name: Kellanova
▼ + stars: | 2023-03-15 | by ( Amelia Lucas | ) www.cnbc.com time to read: +1 min

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.

☆ Kellogg is giving its Pringles and Cheez-It business a new name with classical Latin twist. It's the latest company name to incorporate the 'dead' language.
▼ + stars: | 2023-03-15 | by ( Alex Bitter | ) www.businessinsider.com time to read: +4 min

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.

☆ Kellogg has a new name for its snack spinoff: 'Kellanova'
▼ + stars: | 2023-03-15 | by ( Jordan Valinsky | ) edition.cnn.com time to read: +3 min

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.

☆ 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.

Fractured teams lose,” GOP Rep. Don Bacon of Nebraska, co-chair of the centrist-leaning Main Street Caucus, told CNN, pointing to McCarthy’s broad support among the conference. During the meeting, they told McCarthy they would have his back and were committed to voting for him on multiple ballots if it comes to that. But one member told CNN they also conveyed concern to McCarthy about restoring the motion to vacate the speaker’s chair. “He’s open to a lot of things,” Norman told CNN, including adopting the motion to vacate the chair rule. “I’ve said this over and over again: there is not this, like, enormous amount of drama,” Moore told CNN.

☆ Kellogg Raises Outlook as Third-Quarter Sales Rose 9%
▼ + stars: | 2022-11-03 | by ( Dean Seal | ) www.wsj.com time to read: 1 min

Kellogg, the maker of Corn Flakes cereal, and other food producers have been raising prices to offset more expensive food commodities and supply-chain challenges. Kellogg Co. boosted its outlook after reporting 9% growth to its top line in the third quarter, the latest food company showing sales holding up as they raise prices. The maker of Rice Krispies cereal and Cheez-It crackers said higher prices and a positive shift in the mix of products it sold helped its North America cereal business rebound from flagging sales earlier this year and continuing bottlenecks in the supply chain.

☆ From Liquid Death to Feastables, Gen Z-ers are into snacks that look like junk food but are actually good for you. Check out this roundup of healthy products with edgy packaging.
▼ + stars: | 2022-10-15 | by ( Lakshmi Varanasi | ) www.businessinsider.com time to read: +2 min

A number of healthy snack brands are marketing themselves as junk food. Here's a list of seemingly unhealthy but healthy snacks trending with Gen Z. "It's very in line with Gen Z making the pristine Instagram grid obsolete. At the same time, the healthy food and beverage space has historically been a stale category filled with boring brands." Insider surveyed more than 20 Gen Z-ers to pull together a list of trending snack brands that pose as junk food but are actually…kind of healthy.

☆ From legroom to airfare: How JetBlue's takeover of Spirit could change air travel
▼ + stars: | 2022-07-30 | by ( Leslie Josephs | ) www.cnbc.com time to read: +5 min

In this article JBLUSAVEPassengers wait in line at the Spirit Airlines check-in counter at Orlando International Airport. This is the first time anyone wanted Spirit Airlines," quipped "The Late Show" host Stephen Colbert about the deal on Thursday. As the two distinct airlines push ahead with their plans to combine, here's what passengers can expect:What are JetBlue's plans for Spirit? Afterward, passengers might be confused if they're flying in Spirit planes that haven't been retrofitted yet. Frontier Airlines, meanwhile, is already saying it's happy to take on a bigger share of the ultra-low-cost market after its Spirit deal fell apart.

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