The Proposed Amendments will only take effect and the Mars Guarantee will be issued once the Acquisition is completed. On March 11, 2025, Mars, Incorporated announced that it has received the necessary approvals from eligible holders of the Existing Kellanova Notes for certain proposed changes to the Indenture established on March 15, 2001, between Kellanova and The Bank of New York Mellon Trust Company, N.A.
Every year, awards are given to companies that show a strong commitment to ethical business practices, including good ethics, compliance, and governance. On March 11, 2025, Kellanova was honored as one of the 2025 World's Most Ethical Companies by Ethisphere, a leading organization in promoting ethical business standards. Before the spin-off in 2023, Kellogg Company had received this recognition 16 times.
Mississauga, ON, March 06, 2025 (GLOBE NEWSWIRE) -- Cheese-loving Canadians have a new reason to celebrate! The Cheez-It® brand is providing a unique, FREE vacation that offers more than just the delicious crunch of Cheez-It® crackers—it's a tempting escape.
On March 5, 2025, Mars, Incorporated announced the pricing of its private offering of senior notes totaling $26.0 billion. This includes various amounts of notes with different interest rates and due dates, such as $2.0 billion in 4.450% notes due in 2027 and $5.0 billion in 5.200% notes due in 2035. The offering consists of several notes with due dates ranging from 2027 to 2065.
The Proposed Amendments will only take effect and the Mars Guarantee will be issued if the Acquisition is completed. On March 4, 2025, Mars, Incorporated announced that it is seeking approvals from Eligible Holders of the existing senior notes of Kellanova, as of the Record Date of March 3, 2025. These approvals are for certain proposed changes to the Indenture established on March 15, 2001, between Kellanova and The Bank of New York Mellon Trust Company, N.A.
Kellanova: No options for growth and no value to increase, so hold on to your investment.
Keith Kellogg, the U.S. Special Presidential Envoy for Ukraine and Russia, mentioned on Saturday that a peace plan for the two countries in conflict might be ready in a matter of days or weeks. He emphasized that while some time is needed, he is not referring to a long wait of six months, but rather a short period. This statement was made during a side event at the Munich Security Conference.
Kellanova's results for the fourth quarter show impressive performance, thanks to a portfolio aimed at growth and successful implementation throughout the company.
The main figures for Kellanova (K) provide an overview of the company's performance for the quarter that ended in December 2024. However, it could be useful to compare some important metrics with Wall Street predictions and the results from the same period last year.
Kellanova (K) reported quarterly earnings of $0.92 per share, which is higher than the Zacks Consensus Estimate of $0.82 per share. This is an increase compared to last year's earnings of $0.78 per share.