Kellogg Steals Pringles From Diamond Foods

At The Motley Fool, we know our readers like to be informed. Here's a quick look at today's most relevant financial news, boiled down to what you need to know. In today's video, we cover the following:

  • Diamond Foods (Nasdaq: DMND  ) lost its chance to buy Procter & Gamble's (NYSE: PG  ) Pringles business. Kellogg (NYSE: K  ) agreed to buy the Pringles brand from P&G for $2.7 billion.
  • Zynga (Nasdaq: ZNGA  ) reported its first earnings since going public. While the game maker posted a loss for the quarter, I believe the company's strong position within the social gaming space should help Zynga outperform the market in the long run. For that reason, I'm giving the stock a thumbs-up CAPScall on my account on Motley Fool CAPS.
  • Deere (NYSE: DE  ) beat estimates and reported a profit for its first quarter, as higher income for farmers led to more investments in farming equipment like Deere's signature green and yellow machines.

It isn't always easy to know which stocks will outperform and which will fizzle. Luckily, some of The Motley Fool's brightest analysts have done the hard work for you. Click here for instant access to this free report: "The Stocks Only the Smartest Investors Are Buying." It reveals why even Buffet is interested in these stocks, and how you can make money from them.

Fool contributor Tamara Rutter owns shares of Zynga and Procter & Gamble. Follow her on Twitter using the handle @TamaraRutter for daily roundup coverage and other Foolish insights. Motley Fool newsletter services have recommended buying shares of Procter & Gamble. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.


Read/Post Comments (0) | Recommend This Article (5)

Comments from our Foolish Readers

Help us keep this a respectfully Foolish area! This is a place for our readers to discuss, debate, and learn more about the Foolish investing topic you read about above. Help us keep it clean and safe. If you believe a comment is abusive or otherwise violates our Fool's Rules, please report it via the Report this Comment Report this Comment icon found on every comment.

Be the first one to comment on this article.

Sponsored Links

Leaked: Apple's Next Smart Device
(Warning, it may shock you)
The secret is out... experts are predicting 458 million of these types of devices will be sold per year. 1 hyper-growth company stands to rake in maximum profit - and it's NOT Apple. Show me Apple's new smart gizmo!

DocumentId: 1781542, ~/Articles/ArticleHandler.aspx, 11/28/2014 10:52:47 PM

Report This Comment

Use this area to report a comment that you believe is in violation of the community guidelines. Our team will review the entry and take any appropriate action.

Sending report...


Advertisement