Canaccord Genuity on Kellogg, Pfizer, and Exxon Mobil
Posted on November 02, 2012 at 14:55 PM EDT
The following are excerpts from Canaccord Genuity analysts' commentaries. Kellogg (NYSE:K): Special K. Shares of Kellogg got a lift after reporting sales and earnings that beat the street. The company reported a profit of $296 million or $0.82 per share compared with $290 million or $0.80 per share a year earlier. Sales in the quarter increased by 12% to $3.72 billion. Analysts were expecting $0.80 per share on revenue of $3.69 billion. North American sales grew 11% led by strong performance in both the cereal and toaster pastry businesses during the quarter. Internationally sales increased 15% with the Latin ...