(All dollar amounts are expressed in Canadian dollars, unless otherwise noted.) TORONTO, Sept. 23, 2025 (GLOBE NEWSWIRE) -- Kinross Gold Corporation (“Kinross”) (TSX: K, NYSE: KGC) announced today that it has sold an aggregate of 36,927,650 common shares (“Shares”) of Asante Gold Corporation (“Asante”) representing approximately 5.2% of the outstanding Shares and 100% of the Shares held by Kinross. The Shares were sold at a price per Share of C$1.98 (not including commission), representing an aggregate sale ...

Always on the hunt for undervalued, promising stocks with a focus on risk and reward. Limited risks and decent to high upside by knowing what one's owning. I strongly believe that the best investment ideas are often the simplest. If contrarian, the better.Analyst’s Disclosure:I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not ...

Core Insights - Declining cereal sales and job cuts have negatively impacted Kellogg's hometown, but the sale to Ferrero is seen as a potential revitalization for the business [1] Group 1: Company Performance - Kellogg's cereal sales have been declining, contributing to economic challenges in its hometown [1] - Job cuts at Kellogg have further strained the local economy [1] Group 2: Market Outlook - The acquisition by Ferrero is anticipated to provide a jolt to Kellogg's business operations and potentially improve local economic conditions [1]

Company Overview - Kellanova (K) is a global snacking and food company formed in October 2023, valued at $27.6 billion by market cap, following the split from the Kellogg Company [1] - The company retains well-known brands such as Pringles, Cheez-It, Pop-Tarts, Eggo, Special K, and MorningStar Farms, and is headquartered in Chicago, operating in over 180 countries [1][2] Market Position - Kellanova is classified as a "large-cap stock" with a market cap exceeding $10 billion, highlighting its size, influence, and dominance in the packaged goods industry [2] - The company benefits from strong market presence and consumer loyalty due to its established brands, along with global diversification from manufacturing in 20 countries [2] Stock Performance - Kellanova's stock currently trades 5.5% below its 52-week high of $83.22, achieved on March 4, and has declined 2% over the past three months, underperforming the Nasdaq Composite's 14% rise [3] - Year-to-date, Kellanova shares have dipped 2.9%, lagging behind the Nasdaq's YTD gains of 15.3%, and have decreased 2.5% over the past 52 weeks compared to the Nasdaq's 26.3% returns [4] Financial Results - Kellanova reported mixed Q2 results on July 31, with overall revenues pressured by soft industry demand, but a 0.3% year-over-year increase in sales to $3.2 billion, narrowly beating expectations [5] - Adjusted operating income fell 5% to $477 million, and adjusted EPS declined 6.9% to $0.94, falling below consensus estimates [5]

Core Insights - Ahold Delhaize USA is launching a pilot project aimed at reducing methane emissions from dairy production in collaboration with Danone North America and The Nature Conservancy [1][3] - This initiative marks Ahold Delhaize USA's fourth sustainable agriculture project focused on farmland, following previous partnerships aimed at reducing greenhouse gas emissions from wheat farming [2] Project Details - The pilot project will commence this year and aims for a shared reduction in methane emissions from selected Danone North America yogurt products sold by Ahold Delhaize USA brands over the next five years [3] - The initiative will support dairy farm partners in implementing sustainable agricultural practices, including manure separation and irrigation efficiency tools [4][5] Collaboration and Governance - The Nature Conservancy will provide technical assistance to farmers and ensure the long-term viability of the sustainable practices implemented [5] - NatureVest, the impact investing team of The Nature Conservancy, will identify market mechanisms to help agrifood companies implement sustainable supply chain solutions [5] Strategic Goals - The project aligns with Ahold Delhaize USA's commitment to supporting healthier people and a healthier planet, focusing on practical methods to decrease emissions across the yogurt production supply chain [6]

Group 1 - The European Union antitrust regulators have resumed their investigation into Mars' $36 billion acquisition bid for Kellanova, the maker of Pringles [1] - A decision regarding the investigation is set to be made by December 19 [1]

Core Insights - The program directly engages with farmers in Alabama, Georgia, and Florida to support agricultural practices that protect and improve natural resources while also reducing and removing greenhouse gases [1] Group 1 - The initiative focuses on sustainable agriculture practices [1] - The program aims to enhance natural resource management [1] - The effort includes reducing greenhouse gas emissions [1]

Core Points - Kinross Gold Corporation sold 29,850,984 common shares of Asante Gold Corporation, representing approximately 4.2% of the outstanding shares and about 44.7% of Kinross's holdings in Asante [1] - The shares were sold at a price of C$1.55 per share, resulting in an aggregate sale price of C$46,269,025.20 [1] - After the sale, Kinross holds 36,927,650 shares and 5,000,000 warrants, with a convertible debenture convertible into shares at C$1.81 per share [1] - Kinross now owns approximately 5.2% of Asante's outstanding shares on a non-diluted basis and 13.2% on a partially diluted basis [1] Investment Strategy - The sale of shares was conducted in the ordinary course of investments in portfolio companies [2] - Kinross may consider future purchases or sales of Asante securities based on market conditions and other relevant factors [2] - Currently, Kinross has no specific plans regarding its investment in Asante [2] Company Information - Kinross Gold Corporation is a Canadian-based global senior gold mining company with operations in the United States, Brazil, Mauritania, Chile, and Canada [4] - The company focuses on responsible mining, operational excellence, disciplined growth, and maintaining a strong balance sheet [4]

Core Viewpoint - Pringles is launching a new lineup of flavors, including the Smoky collection, Sharp White Cheddar, and Pringles Mingles flavors, aimed at satisfying diverse consumer cravings starting in September 2025 [2][5][8]. Product Launch Details - The new Pringles Smoky collection includes three flavors: Smoky Bacon, Smoky Mesquite BBQ, and Smoky Cheddar, each offering unique taste profiles [6][5]. - Pringles Sharp White Cheddar combines rich, nutty flavors with a touch of acidity to replicate aged white cheddar cheese [6]. - Pringles Mingles introduces two new flavors: Cinnamon & Sugar, which is the brand's first sweet flavor since 2016, and Jalapeño & Queso, balancing creamy queso with fresh jalapeño flavor [6][5]. Marketing and Collaboration - To celebrate the launch, Pringles is collaborating with Chef Calvin Eng from Bonnie's restaurant to create a special dish featuring the Smoky Mesquite BBQ flavor, available for a limited time [5][7]. - The marketing strategy emphasizes innovation and consumer engagement, with a focus on unique flavor experiences [4][8]. Company Background - Kellanova, the parent company of Pringles, is a leader in global snacking with a legacy of over 100 years and net sales of approximately $13 billion for 2024 [9].

Core Insights - RXBAR is launching the "Get Out of Travel B.S. Free Card" sweepstakes to assist travelers facing disruptions during a chaotic summer travel season, with major U.S. airports experiencing over 30% delay rates [1][3][4] - The initiative aligns with RXBAR's No B.S. ethos, emphasizing transparency and simplicity in providing support to consumers [4] Company Initiatives - The sweepstakes offers participants a chance to win a $500 prepaid gift card and a box of RXBAR Protein Bars, aimed at alleviating the financial burden of disrupted travel plans [2][3] - Consumers can enter the sweepstakes by submitting a brief form on RXBAR's website, with the contest running from August 21 to September 4, 2025 [3][6] Brand Philosophy - RXBAR's approach reflects its commitment to transparency and straightforwardness, extending its No B.S. promise beyond its product offerings to address consumer challenges in travel [4] - The brand aims to turn travel frustrations into positive experiences by providing tangible rewards that resonate with its core values [4] Parent Company Overview - Kellanova, the parent company of RXBAR, is a leader in global snacking and reported net sales of approximately $13 billion for 2024 [7] - Kellanova's vision is to become the world's best-performing snacks-led powerhouse, focusing on differentiated brands and sustainable practices [7][8]