Kellogg (K) PT Raised to $79 at RBC Capital Following 3Q

Kellogg (K) Added To JPMorgan Focus List

October 31, 2017 4:12 PM EDT

JPMorgan maintains Overweight on Kellogg (NYSE: K) price target of $70.00.

Analyst Ken Goldman is more positive on the company following a meeting with management noting the read-through is that management is more confident in their margin growth potential for FY 2018.

For an... More

Kellogg (K) PT Raised to $71 at Susquehanna

October 31, 2017 1:07 PM EDT

Susquehanna analyst Pablo Zuanic raised his price target on Kellogg (NYSE: K) to $71.00 (from $69.00) while maintaining a Neutral rating following better than expected results.

Zuanic notes the company beat by 11c, but kept the full year guidance unchanged given marketing and... More

Pre-Open Movers 10/31: (NVAX) (GERN) (PLUG) Higher; (UA) (VYGR) (QCOM) Lower (more...)

October 31, 2017 9:22 AM EDT

Today's Pre-Open Stock Movers

Under Armour (NYSE: UA) (NYSE: UAA) 15.3% LOWER; reported Q3 EPS of $0.22, $0.02 better than the analyst estimate of $0.20. Revenue for the quarter fell 5% to $1.4 billion versus the consensus estimate of $1.48 billion. GUIDANCE: Under Armour sees FY2017 EPS of $0.18-$0.20, versus the consensus of $0.35.

Novavax... More

U.S. consumer confidence near 17-year high; wages rising

October 31, 2017 8:38 AM EDT

By Lucia Mutikani

WASHINGTON (Reuters) - U.S. consumer confidence jumped to a near 17-year high in October, with households upbeat about the labor market and business conditions, which could underpin consumer spending and boost the economy in the final three months of the year.

The economy's prospects were further bolstered by other reports on Tuesday showing an acceleration in wage growth in the third quarter and sustained increases in house prices in August. The strong domestic fundamentals likely keep the Federal Reserve on track to raise interest rates in December.

"An optimistic consumer... More

Kellogg's surprise sales increase cheers investors

October 31, 2017 8:15 AM EDT

(Reuters) - Kellogg Co (NYSE: K) surprised investors on Tuesday with its first quarterly sales increase in more than two years, showing it was turning a corner after massive cost cuts and a shift to healthier products, sending its shares up 7 percent.

The stock, which has declined 16 percent in the past year, was set for its best day since the 2009 financial crisis.

Kellogg's legacy cereals business has suffered for several years as people reach for healthier breakfasts items, prompting the company to reduce... More

Kellogg (K) Tops Q3 EPS by 11c; Reaffirms

October 31, 2017 8:02 AM EDT

Kellogg (NYSE: K) reported Q3 EPS of $1.05, $0.11 better than the analyst estimate of $0.94. Revenue for the quarter came in at $3.27 billion versus the consensus estimate of $3.21 billion.

"Our third quarter played out as expected. Operating profit margin expansion got an added boost from the transition out of... More

Wall St. ends strong October higher as tech, staples lead

October 31, 2017 7:31 AM EDT

By Lewis Krauskopf

(Reuters) - A jump in shares of consumer companies Mondelez and Kellogg after their quarterly reports on Tuesday, along with further gains for tech stocks, helped Wall Street end October on a positive note.

The three major indexes tallied their best monthly gains since February.

Mondelez (NASDAQ: MDLZ) jumped 5.4 percent after the Oreo cookie maker reported better-than-expected profit and revenue, while Kellogg (NYSE: K) surged 6.2 percent following its first sales increase in more than two years.

Those stocks boosted the S&P consumer... More

Increasing unusual put option volume: ASML WBC ICON K PZZA

October 31, 2017 5:21 AM EDT

Increasing unusual put option volume: ASML WBC ICON K PZZA

... More

Kellogg (K) November 57.50 and 60 put spreaders active into Q3

October 30, 2017 2:43 PM EDT

Kellogg (NYSE: K) November weekly call option implied 31, November 24; compared to its 52-week range of 15 to 28 into the expected release of EPS results on October 31.

... More