Kelloggs is a major food products manufacturer. It manufacturers a diversified range of products, eg: cereal bars, fruit snacks and breakfast cereals. Its P/E is sensible at 18.2 (when Google's and Amazon's are 50+), it is paying out a reliable dividend, currently 2.5% and it's brand names are imprinted on the minds of many consumers. I believe that Kellogg's current share price represents good value and will grow in the long term. Good Luck, ~~~~Shane Halloran.
Seems that even this shortened week was full of news and happenings, in the U.S. and around the world. With Citigroup Inc. (NYSE: C) being bailed out by the U.S. government at the beginning of the week and China announcing fi...
You might think that since consumer prices have tumbled by near record percentages that this might lead to lower food prices. But much of that consumer price decline is attributable to lower energy prices -- after all oil peaked at $147 a barrel in July only to fall 63.5% to $53.63 yesterday.
Why won't food prices follow oil down? Many food producers panicked as corn and wheat prices peaked this summer -- locking in long term supply contracts at top prices. For instance, corn, which usually trades at $2 or $3 a bushel,
Campbell Soup (NYSE: CPB) seemed to have an okay first quarter. Revenue rose 3%, and earnings per share on an adjusted basis increased 10% to $0.77. This beat expectations by a penny, according to this source. Now, I agree, these numbers weren't great, but did you see the reaction to the stock on Monday? It closed down over 7.5% on better-than-average volume. Did the stock deserve such a beating? Was the selling a buying opportunity?
Well, as I've been saying, many stocks are great for lo
Well, it looks like Heinz (NYSE: HNZ) put me and my earnings preview to shame. The company delivered a great second quarter. The company, whose colleagues include Kraft (NYSE: KFT), Kellogg (NYSE: K), and Campbell Soup (NYSE: CPB), grew its bottom line by over 22% on a per-share basis. Heinz scored $0.87 per diluted share in profit, enough to wallop the analyst community's estimate of $0.76 per share.
Heinz made sure to hedge itself in terms of currency effects. That helped drive the quarter. The company'
Heinz (NYSE: HNZ), whose supermarket colleagues include Kraft (NYSE: KFT), Kellogg (NYSE: K), General Mills (NYSE: GIS), and Campbell Soup (NYSE: CPB), will be reporting second-quarter numbers on Friday, November 21. According to AOL Finance, the call is for approximately $0.76 in terms of earnings per share. That would represent about 7% of bottom-line growth. That wouldn't be too bad in this market.
Whether or not Heinz can beat the estimates, it's hard to say. My opinion? I wouldn't be betting on such an outcome. If I were a shareholder of the ketchup company,
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About Kellogg Company
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Seems that even this shortened week was full of news and happenings, in the U.S. and around the world. With 
You might think that since consumer prices have 
