The Latest Breaking News from Kellogg Co

Kellogg Co (NYSE:K) is suing the British government over new rules stopping the display of its breakfast cereals in grocery stores due to high sugar content, Reuters reported. The company said the formula being used by the government to measure the nutritional value of cereals was wrong and not legally implemented. "It…

Investors are pushing food manufacturing multinationals including Nestle S.A. (OTC:NSRGY), Danone (OTC:DANOY), Kraft Heinz Co (NASDAQ:KHC), and Kellogg Co (NYSE:K), to set out new disclosures and targets on well being, Financial Times reported. The move comes after Unilever Plc (NYSE:UL) mentioned it would publish diet scores for its meals portfolio towards exterior metrics. The report noted that traders, along…

JPMorgan analyst Ken Goldman downgraded Kellogg Co  (NYSE: K) to Underweight from Neutral with a price target of $57, down from $64, implying a 10.38% downside.

Kellogg Co (NYSE:K) reported a fourth-quarter FY21 sales decline of 1.3% year-on-year, to $3.42 billion, beating the analyst consensus of $3.39 billion. Q4 sales were negatively affected by lapping an extra week in the year-earlier period. Adjusted EPS of $0.83 beat the analyst consensus of $0.79. Kellogg North America's sales decreased 3%, Europe…