Big charge gives Kellogg hefty loss
By Yi Gu Kellogg Co., getting a lift from market-share gains at its domestic cereal operation, released better-than-expected fourth quarter operating earnings Thursday. In the fourth quarter ended Jan. 2, the food manufacturing company reported a $41 million loss, or 12 cents a diluted share loss, 86 percent less than the $293 million, or 82 […]
Acco shares jump on fourth-quarter results
By Yi Gu ACCO Brands Corp. shares climbed after the company, helped by a rebound in its U.S. market, released a better-than-expected fourth quarter earnings results on Wednesday. In the latest quarter, the Lake Zurich, Illinois-based office products supplier’s net income dropped 28 percent to $31.4 million, or 29 cents a diluted share, from $43.9 […]
