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Barrons
Kellogg Is Splitting Into 3 Companies. The Move Isn’t as Flaky as It Looks.
Next:
Nike, Walgreens, FedEx, Constellation, and Other Stocks to Watch This Week

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 * The Trader


KELLOGG IS SPLITTING INTO 3 COMPANIES. THE MOVE ISN’T AS FLAKY AS IT LOOKS.

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By
Teresa Rivas
Updated June 25, 2022 11:11 am ET / Original June 24, 2022 8:47 pm ET
 * Order Reprints
 * Print Article



Kellogg surprised investors this past week by announcing plans to split into
three pieces


KELLOGG PLANS TO SPLIT INTO 3 COMPANIES. THE STOCK IS SPIKING.

The cereal giant plans to split into three companies: one focused on global
snacking and food, another on North American cereal sales, and a pure play on
plant-based snacking.

Continue reading


. That’s a little puzzling, but the stock might still be worth a look.

Usually, when a company announces a spinoff, it’s to separate businesses that
don’t work well together. That’s the case with the recent trend of
pharmaceutical companies spinning off their consumer businesses


THE DAYS OF BIG PHARMA ARE OVER. WHAT THE ERA OF BIG BIOTECH MEANS FOR
INVESTORS.

GSK is becoming one of the last drug conglomerates to shed its sideline
businesses to focus on biotech-style medicines. The shift has big implications
for investors—and overall public health.

Continue reading


, or General Electric (ticker: GE) decision to split into separate healthcare,
power, and aerospace companies


GENERAL ELECTRIC DROPPED A BOMBSHELL. IT WILL SPLIT INTO THREE FIRMS.

One company will be focused on healthcare, another will be devoted to energy and
power, and the third will deal with aviation.

Continue reading


.

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to continue reading


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NIKE, WALGREENS, FEDEX, CONSTELLATION, AND OTHER STOCKS TO WATCH THIS WEEK

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By
Nicholas Jasinski
Updated June 27, 2022 12:05 am ET / Original June 26, 2022 3:00 pm ET
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It will be an economic-data heavy week, but there are several notable companies
reporting earnings as well. They will include Nike and  Jefferies Financial
Group on Monday, then General Mills and McCormick on Wednesday. On Thursday, 
Constellation Brands, Micron Technology and Walgreens Boots Alliance will
report. Investor days will come from FedEx and Hewlett Packard Enterprise both
on Tuesday.

The economic-data calendar will be busy. On Monday, the Census Bureau will
release the durable goods report for May, which will give insight into business
investment and consumer spending. On Tuesday, the Conference Board will release
its Consumer Confidence Index for June. Inflation remains top of mind for
consumers.

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KELLOGG IS SPLITTING INTO 3 COMPANIES. THE MOVE ISN’T AS FLAKY AS IT LOOKS.

Kellogg surprised investors this past week by announcing plans to split into
three pieces.

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