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Fitch Affirms Kellogg's IDRs at 'BBB+/F2'; Outlook Revised to Negative

2015-02-28 13:17:41| Agriculture - Topix.net

The Rating Outlook has been revised to Negative from Stable on expectations for modestly higher near term leverage at or near 3.0x in 2015 given Fitch's expectation of operating profit down mid-single digits and incremental debt for share repurchases. Near Term Leverage and Cereal Declines are Concerns: The Negative Outlook reflects Fitch's current expectation that gross leverage is likely to rise modestly in 2015 to be in the 3.0x range.

Tags: negative revised outlook fitch

 

Kellogg's cereal sales fall again, hurt by Special K

2015-02-12 19:47:49| Agriculture - Topix.net

Kellogg said Thursday its U.S. cereal unit suffered another sales decline in the fourth quarter, hurt by the performance of its top moneymaker, which over the years has branched out into an array of products including bars, crackers and chips. During a conference call, Kellogg CEO John Bryant noted weight watchers are no longer as focused on "holding back calories" and instead want foods that make them feel good about themselves.

Tags: k special sales fall

 
 

Food Babe targets cereal giants Kellogg's and General Mills

2015-02-05 23:02:04| Agriculture - Topix.net

Today she put cereal behemoths Kellogg's and General Mills in her crosshairs - claiming that both companies produce cereals for the United States markets with packagng that contains butylated hydroxytoluene . The potentially harmful chemical is put into cereal packaging to increase shelf life.

Tags: general food targets mills

 

Food Babe targets cereal giants Kellogg's and General Mills

2015-02-05 22:56:44| Food - Topix.net

Today she put cereal behemoths Kellogg's and General Mills in her crosshairs - claiming that both companies produce cereals for the United States markets with packagng that contains butylated hydroxytoluene . The potentially harmful chemical is put into cereal packaging to increase shelf life.

Tags: general food targets mills

 

Mindtree to Manage Kellogg's Digital Marketing Operations

2015-02-05 16:57:38| Agriculture - Topix.net

Mindtree will manage and support the marketing IT infrastructure to execute Kellogg's brand efforts and digital marketing innovation across 400+ digital properties. As the sole managed services partner for all of Kellogg's digital marketing properties, Mindtree will support Kellogg's industry leading digital initiatives with more than 100 monthly production deployments.

Tags: digital marketing manage operations

 

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