U.S. Corn Flakes Creator Kellogg Bought By Italian Candy Maker Ferrero For $3.1 Billionhttps://t.co/UcScLcYgvz https://t.co/WSwE8PVJFS ...

Ferrero agreed to acquire Kellogg for an enterprise value of $3.1 billion, pushing the Italian family-owned candy business further into the lucrative US market https://t.co/8ZWaecXEM5 ...

Group 1 - Kinross Gold Corporation will release its financial statements and operating results for Q2 2025 on July 30, 2025, after market close [1] - A conference call and audio webcast to discuss the results will be held on July 31, 2025, at 8:00 a.m. EDT [1] - The company operates globally with projects in the United States, Brazil, Mauritania, Chile, and Canada [2] Group 2 - Kinross focuses on responsible mining, operational excellence, disciplined growth, and maintaining a strong balance sheet [2] - The company is listed on the Toronto Stock Exchange (symbol: K) and the New York Stock Exchange (symbol: KGC) [2] - Media and investor relations contacts are provided for further inquiries [3]

Core Insights - The collaboration between Cheez-It and Wendy's introduces a limited-edition product: Cheez-It x Wendy's Baconator crackers, combining the flavors of Wendy's Baconator with Cheez-It's signature crunch [1][2][3] Company Overview - Kellanova, the parent company of Cheez-It, reported net sales of $13 billion for 2023 and aims to become a leading snacks-led powerhouse [5] - Wendy's operates over 7,000 restaurants globally and is known for its fresh, made-to-order food, including the popular Baconator burger [7] Product Details - The new Baconator crackers will be available nationwide starting July 2025, with an exclusive bundle available on CheezIt.com that includes a Wendy's Frosty keychain [3] - The product features 100% real cheese and Applewood smoked bacon flavor, aiming to deliver a full burger experience in a snack format [2][3] Marketing and Promotions - The partnership aims to surprise Cheez-It fans with a unique flavor experience, leveraging the popularity of both brands [2] - A promotional offer includes a $2 discount on a Baconator sandwich through the Wendy's app for customers who purchase the new crackers [4][8]

Cheez-It is bringing the spirit with its Flag Summer crackers and their saucy collaboration with Palermo's Pizza, both of which are available for a limited time. You can also dive headfirst into summer with a limited-time lineup of floaties that are ready to ride the snack wave. Look for: A Summer Floatie Giveaway (how to enter a chance to win) A DTC-exclusive floatie for superfans to score online A licensed Cheez-It floatie at major retailers including Target  Town House Toasts to Patriotic SnackingTown Ho ...

Core Insights - RXBAR has launched a new high-protein bar, RXBAR High Protein, featuring 18g of protein and only six recognizable ingredients, aimed at providing a better-tasting and simpler option in the protein bar market [1][2] - The brand emphasizes transparency and quality, positioning itself against overprocessed products with its new platform "Proud Sponsor of No B.S." [2] - The RXBAR High Protein is available in two flavors: Strawberry Peanut Butter and Vanilla Peanut Butter, designed based on consumer feedback and flavor nostalgia [3][4] Product Details - RXBAR High Protein contains 18g of protein, with pea protein as a key ingredient for texture and nutritional value, and peanut butter for flavor [5] - A new flavor, Lemon Honey Cashew Butter, has been introduced to the RXBAR Nut Butter & Oat lineup, featuring 10g of protein and 18g of whole grains, designed to be a lighter snack option [5][6] - All products are currently available at select Target stores and online, with plans for broader retail distribution [6] Market Context - Consumer preferences indicate that taste is a top priority for high-protein bar buyers, yet studies show that less than half perceive these products as tasty [7] - Kellanova, the parent company of RXBAR, reported net sales of approximately $13 billion for 2024 and aims to become a leading snacks-led powerhouse [8] - Kellanova is committed to promoting sustainable food access and aims to create better days for 4 billion people by 2030 [9]

Core Insights - Kinross Gold Corporation published its 2024 Sustainability Report, highlighting significant progress in its Sustainability Strategy and commitment to responsible mining [2][3] Group 1: Sustainability Performance - The company generated a total economic benefit of $4.0 billion to host countries through various contributions, including $416 million in government payments, $680.7 million in wages, $2.9 billion in procurement, and $13 million in community support [6] - Since 2010, Kinross has contributed $54 billion to the economies of its host countries [6] - The company maintained a low injury frequency rate and engaged over 12,000 employees and business partners in the Safety Excellence Program [6] Group 2: Workforce and Community - Kinross achieved 99% local employment within its workforce, with approximately 93% of management positions filled by individuals from host countries, marking a 1% increase from 2023 [6] - Gender diversity improved, with 22% female representation in senior management and 25% in Senior Leadership Team positions [6] - The company completed over 58,000 stakeholder engagements, including with local communities and indigenous peoples [6] Group 3: Environmental Stewardship - Kinross maintained best-in-class tailings management standards with a 32-year record of zero tailings breaches [10] - The company recycled 75% of water at operating mine sites and reclaimed 95 hectares of land in 2024 [10] - The Tasiast solar power plant generated 50,615 MWh of clean energy, representing 17% of total electrical power at the site [10] Group 4: Recognition and Reporting Standards - Kinross received high rankings in sustainability, including recognition in the S&P 2025 Global Sustainability Yearbook and a score in the 94th percentile in Moody's ranking [5] - The 2024 Sustainability Report included independent assurance of 49 performance metrics and aligned with various international reporting standards [4]

Core Insights - Artificial intelligence is significantly transforming the workplace, with companies like Kellanova actively preparing their workforce for this change [1][2] Group 1: AI Integration and Workforce Preparation - Kellanova is focusing on upskilling its workforce to leverage AI technologies, enhancing productivity and creativity through tools like AI-powered chat assistants [3][4] - The company promotes a culture of experimentation with initiatives like "Kuriosity Clinics," which have attracted over 10,000 participants, fostering engagement and innovative ideas [5] - Kellanova's Global Chief Technology Officer emphasizes the rapid evolution of AI, presenting new growth opportunities across various business functions [6] Group 2: Data-Driven Strategies - The 'Better Data, Bigger Possibilities' framework aims to enhance transparency and collaboration, leading to a 30% increase in first-party data through initiatives like Pringles Poptopia [7][9] - Kellanova is utilizing clean room technology for actionable audience segmentation, which may drive sales growth [15] Group 3: Enhancing Workplace Productivity - The company is deploying predictive analytics and digital twins to streamline operations, moving beyond isolated AI pilots to strategic implementations across multiple functions [10][16] - Kellanova is committed to creating a digital workplace characterized by intelligence and flexibility, emphasizing the importance of human-technology partnerships [11]

Core Points - Kinross Gold Corporation held its virtual Annual Meeting of Shareholders on May 7, 2025, where the Board of Directors was elected [1] - The voting results showed strong support for the nominees, with most receiving over 95% approval [2][3] Board of Directors Voting Results - George V. Albino received 99.36% approval with 871,979,303 votes for [2] - Kerry D. Dyte had 83.19% approval, receiving 730,095,578 votes for [2] - Glenn A. Ives received 98.62% approval with 865,501,652 votes for [2] - Ave G. Lethbridge had 96.27% approval, receiving 844,857,990 votes for [2] - Michael A. Lewis received 95.62% approval with 839,174,118 votes for [2] - Elizabeth D. McGregor had 99.62% approval, receiving 874,253,046 votes for [2] - Kelly J. Osborne received 95.09% approval with 834,518,595 votes for [2] - George N. Paspalas had 99.34% approval, receiving 871,831,842 votes for [2] - J. Paul Rollinson received 99.40% approval with 872,283,204 votes for [2] - David A. Scott had 99.62% approval, receiving 874,280,120 votes for [2] Other Items of Business Voting Results - The "Say on Pay" resolution on executive compensation received 93.69% approval with 822,213,730 votes for [4] - The appointment of auditors was approved with 92.47%, receiving 866,323,042 votes for [5]

Core Insights - Kinross Gold Corporation reported strong operational performance in Q1 2025, with free cash flow more than doubling year-over-year to over $370 million, driven by a 67% increase in margins to $1,814 per ounce sold, significantly outpacing the 38% increase in gold prices [6][18][19]. Financial Performance - Revenue for Q1 2025 increased to $1,497.5 million, a 38% rise from $1,081.5 million in Q1 2024, attributed to higher average metal prices [15]. - Reported net earnings more than tripled to $368.0 million, or $0.30 per share, compared to $107.0 million, or $0.09 per share, in Q1 2024 [19]. - Attributable free cash flow increased to $370.8 million in Q1 2025, compared to $145.3 million in Q1 2024 [18]. Production and Costs - Kinross produced 512,088 gold equivalent ounces in Q1 2025, slightly down from 527,399 ounces in Q1 2024 [14]. - The production cost of sales per gold equivalent ounce sold rose to $1,043 in Q1 2025 from $982 in Q1 2024 [15]. - Attributable all-in sustaining cost per gold equivalent ounce sold was $1,355 in Q1 2025, compared to $1,310 in Q1 2024 [17]. Capital Allocation and Shareholder Returns - The company plans to return $650 million to shareholders by 2025 through dividends and share buybacks, having reactivated its share buyback program with approximately $60 million repurchased to date [4][25][26]. - A quarterly dividend of $0.03 per common share was declared, payable on June 12, 2025 [26]. Balance Sheet and Liquidity - Kinross improved its balance sheet by repaying the remaining $200 million of its term loan, resulting in cash and cash equivalents of $694.6 million as of March 31, 2025 [21][22]. - The company has total liquidity of approximately $2.3 billion, with an investment grade rating of Baa3 from Moody's [22]. Operational Highlights - Strong performance was noted at Paracatu and Fort Knox, with increased production and improved recoveries [9][31]. - Development projects, including the Great Bear AEX program and Round Mountain Phase X, are progressing well, with significant drilling results supporting high-margin production potential [35][39]. Sustainability Initiatives - Kinross is committed to sustainability, having completed a municipal hospital renovation in Brazil and formalized a partnership with Lakehead University for research on geology and mining [47][48]. - The company plans to publish its 2024 Sustainability Report later this month [49].