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Barrons
Kellogg Stock Doesn’t Look So Grrrreat. Will a Snack Split Help?
Next:
Nike, Walgreens, FedEx, Constellation, and Other Stocks to Watch This Week

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https://www.barrons.com/articles/buy-kellogg-stock-51656115995

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KELLOGG STOCK DOESN’T LOOK SO GRRRREAT. WILL A SNACK SPLIT HELP?

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By
Jack Hough
Updated June 25, 2022 9:46 am ET / Original June 24, 2022 8:14 pm ET
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Kellogg needs a new company name that evokes snacking and overseas growth, not
Americans slurping down Frosted Flakes. Something subtle. Is ¡Munch-ivërsal!
taken?

See, the company said this past week that it will split into three parts


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.

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by the end of next year: Global Snacking Co, North American Cereal Co, and Plant
Co. Don’t worry: Those names are only placeholders, and the plant one will sell
veggie burgers, not geraniums.

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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 STOCK DOESN’T LOOK SO GRRRREAT. WILL A SNACK SPLIT HELP?

Kellogg needs a new company name that evokes snacking and overseas growth, not
Americans slurping down Frosted Flakes.

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