Key Takeaways Ferrero will acquire KLG for $3.1B in cash, gaining control of its iconic cereal brands. The deal allows Ferrero to enter the breakfast category and expand its footprint in North America. KLG stock rose 30% on the news, with shares closing at $22.86 after outpacing its industry in three months.The Ferrero Group, a confectionery giant behind brands like Nutella and Kinder, is making a bold move to expand its North America footprint by acquiring WK Kellogg Co (KLG) for $3.1 billion. The all-ca ...

Key Takeaways BUD is investing $17M in its Houston brewery to upgrade brewing and transportation operations. This is part of a $300M Brewing Futures program focused on U.S. facility enhancements in 2025. BUD aims to support job growth and innovation while staying agile in a shifting market.As part of its strategic transformation, Anheuser-Busch InBev SA/NV (BUD) , alias AB InBev, recently announced a new $17 million investment in its Houston, TX, brewery, reinforcing its long-standing commitment to Americ ...

We also want to bring in NBC senior investigative reporter Laura Strickler, chief strategist for the Romney 2012 campaign, and senior adviser for the Lincoln Project, Stuart Stevens, and of course, NBC News senior homeland security correspondent, Julia Aninsley. Uh, she's behind that reporting and joins us here now on set. Laura, I want to start with you.One Omaha local station, uh, sorry, one Omaha local told our station there that quote, "There's a lot of fear. Definitely a lot of people not coming to wor ...

We've made it our mission to put the very best on your table, and these new products are no exception. Post this Since 1959, Farmland has remained committed to delivering premium food products with unmatched flavor, integrity and craftsmanship. This new campaign reflects that enduring promise while also introducing its new Premium Ground Pork line and Julienne Turkey. Premium Ground Pork brings a bold new standard to the kitchen with two flavor varieties  ̶  Original and Taco Style. Whether you're crafting ...

Tyson Foods (TSN) FY Conference May 14, 2025 08:00 AM ET Speaker0 All right. Good morning, everyone. I'm Andrew Strelzik, BMO's Agribusiness, Beverages and Restaurants Analyst, and I'm delighted to welcome everyone to our twentieth Annual Farm to Market Conference. Twenty years is an incredible milestone. And this year, we have the pleasure of hosting over 100 companies and nearly 1,000 total attendees over the course of today and tomorrow. Our goal today remains the same as it's been over the last two deca ...

Smithfield Foods (NASDAQ: SFD ) is a producer and processor of pork, and is the largest producer of pork-based products in the world . Domestically, SFD has a top market share in several prepared food categories, such asBuildingBenjamins is a free stock picking and market commentary investment newsletter. Building Benjamins is the DBA (doing businesses as) publishing entity for Tradition Investment Management, LLC, a registered investment adviser. Benjamin Halliburton, our founder, also founded Tradition Ca ...

Equity Research Report Longda Meat Foodstuff (002726 CH) Turned Around in 2024, Operating Optimization Taking Effect | | | Longda Meat Foodstuff's 2024 revenue/attributable net profit (NP)/recurring NP were RMB10,990/21.62/-58.21mn (-17.49/+101.41/+95.73% yoy), with 4Q24 revenue/attributable NP at RMB2,976/-51.42mn (-7.37/+94.22% yoy, +0.19/-445.39% qoq). For 1Q25, revenue/attributable NP were RMB2.55bn/4mn (+1.0/-86% yoy, -14%/turning positive qoq). Longda implemented cost reduction and operational efficie ...