WK Kellogg Co Common Stock (KLG)

We also chat about Nvidia, MicroStrategy, and EastGroup Properties.

Robert F. Kennedy Jr. is a vocal opponent of artificial food dyes, blaming them in part for the "chronic disease epidemic" in America. He may get the opportunity to bring major changes to the U.S. food industry under the incoming Trump administration.

WK Kellogg Q3 earnings beat estimates, driven by strong price/mix, operational discipline, and a 27.5% jump in adjusted EBITDA.

These three high-yield dividend stocks offer attractive valuations and potential for long-term income growth.

If WK Kellogg's management can deliver on its promise of higher margins, an investment today could outperform over the long run.

The equity market was volatile in August, with the weakness seen early in the month dissipating amid a rise in rate-cut bets.

Food stocks "have had a tough year," but snacking has been a good area within the sector, Gabelli Funds co-CIO Kevin Dreyer says.

Motley Fool analysts talk over market news including earnings updates from Home Depot, Walmart, and Brinker.

We've also got some snack-food news and a look at solar power companies.

The market is in a confirmed uptrend. Walmart, Monday.com, Sea were earnings winners.

Mars intends to create a global powerhouse.

A Kellanova sale looked inevitable after Kellogg's broke up in 2023. Mars had become a pet care giant in recent years. K stock is up 7%.

Kellanova stock jumped early Wednesday after Mars announced it is acquiring the Kellogg-spinoff.

Kellanova (NYSEK) to be acquired by Mars, Inc. for $83.50/share, a 44% premium. Deal values Kellanova at 16.4x its last 12m adjusted EBITDA. Approval expected in first half of 2025.

KLG stock results show that WK Kellogg missed analyst estimates for earnings per share and missed on revenue for the second quarter of 2024.

WK Kellogg's Q2 results missed expectations, with a 3.9% drop in net sales and plans for $390M in investments and 550 layoffs.

U.S. stock markets saw a strong recovery on Tuesday, with both the S&P 500 and the Nasdaq 100 climbing over 2%, nearly offsetting Monday’s losses. Investors took advantage of recent volatility to buy the dip, showing continued confidence in the U.S. economy’s ability to avoid a recession.

Multiple companies might be interested in acquiring this global snacking company.

Strong sell-off may be viewed as an opportunity to load up beaten-down stocks but traders may seek evidence regarding sustainability of uptrend.

As many leading plays sank early Monday, several stocks bucked the broader trend.