Kellogg's 2008 view lags Street
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Kellogg Co  reported a 9 percent rise in quarterly profit on Monday but forecast 2008 earnings below Wall Street estimates due to higher commodity costs and expenses for reinvesting in its business.
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The bright lights of the new Jordan's Furniture mega-store on the Reading-Wakefield line is attracting more than customers. It's bringing in a stream of complaints from residents in both towns, who say the nighttime glare is intruding upon their lives.
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The chain named after its desserts isn't as sweet as it used to be.
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WASHINGTON Ã - The US sugar industry is taking a wait-and-see attitude toward the nomination of Kellogg Co. Chief Executive Carlos Gutierrez to be the new secretary of the Commerce Department.
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BOSTON - It's a rainy April evening in Danville, Pa. The sidewalks on Mill Street are empty. Once-handsome 19th century brick facades are faded and the storefronts--Dollar Store, D's Clothier--are dark. Two small restaurants and a bar are open, but empty--or nearly so--adding weight to the street's designation as a "historic" business district. The scene here is a common one in rural Pennsylvania and in small towns throughout the United States, where economies built on agriculture and manufacturing have given way in recent decades to a low-wage, service-sector economy and its placeless landscape of strip malls and chain stores. A tension between old and new can be felt everywhere in Danville (population roughly 4,900), which was settled on the banks of the Susquehanna River in 1777 by William Montgomery. His 1792 stone house--now a museum--still stands at the end of Mill Street, directly across the street from a Wendy's restaurant.
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Giant digital displays, designed to give roadside advertisers more options for capturing drivers' eyes, encounter opposition in the face of safety concerns. By the Associated Press.
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The big push for breakfast proves ordinary.
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The growth of new fast casual  restaurants slowed to 13 percent in the year ended in September  from 17 percent year before, according to a study released on  Tuesday by market research firm The NPD Group.
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Food company's stock drops on weak 2008 guidance.
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Pepsi Bottling Group Inc  on Thursday gave a 2008 earnings forecast that fell short of most Wall Street estimates.
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Kellogg  Co , the world's biggest maker of breakfast cereal, on Monday reported a rise in quarterly earnings as increased sales and a weak dollar helped offset higher prices for ingredients such as corn and milk.
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The realty space is being disrupted.
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Kellogg Co. K.N, the world's  largest cereal maker, on Monday said quarterly earnings fell  slightly due to a higher tax rate, stepped-up promotional  spending and expenses related to restructuring measures.
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It was a bad day yesterday for the doughnut maker Krispy Kreme, a Wall Street darling just a year ago. Reporting its third-quarter earnings, the company, based in Winston-Salem, NC, said
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By Kathleen Gallagher, Milwaukee Journal Sentinel  Sep. 25--American consumers are being hit with a double dose of bad economic news: anemic wage growth and a sluggish housing market.
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Â· Alcohol Concern calls for watershed on commercials Â· Report says publicity sways children's intake
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By Max B. Baker, Fort Worth Star-Telegram, Texas  Feb.