Silver Prices Plunge in Asian Trade as Dollar Strength Triggers Fresh Precious Metals Sell-Off 
SpaceX Pushes for Early Stock Index Inclusion Ahead of Potential Record-Breaking IPO 
Rio Tinto Shares Hit Record High After Ending Glencore Merger Talks 
OpenAI Expands Enterprise AI Strategy With Major Hiring Push Ahead of New Business Offering 
Trump Backs Nexstar–Tegna Merger Amid Shifting U.S. Media Landscape 
Bank of Japan Signals Readiness for Near-Term Rate Hike as Inflation Nears Target 
Weight-Loss Drug Ads Take Over the Super Bowl as Pharma Embraces Direct-to-Consumer Marketing 
Vietnam’s Trade Surplus With US Jumps as Exports Surge and China Imports Hit Record 
Japan Economy Poised for Q4 2025 Growth as Investment and Consumption Hold Firm 
Trump Signs Executive Order Threatening 25% Tariffs on Countries Trading With Iran 
Trump’s Inflation Claims Clash With Voters’ Cost-of-Living Reality 
Global PC Makers Eye Chinese Memory Chip Suppliers Amid Ongoing Supply Crunch 
Hims & Hers Halts Compounded Semaglutide Pill After FDA Warning 
Trump Lifts 25% Tariff on Indian Goods in Strategic U.S.–India Trade and Energy Deal 
Gold Prices Slide Below $5,000 as Strong Dollar and Central Bank Outlook Weigh on Metals 
Gold and Silver Prices Rebound After Volatile Week Triggered by Fed Nomination 
The Kellogg Company has officially rebranded after the firm's separation has finally been completed. This means the cereal manufacturer will now operate as a standalone company with its own management.
The split of Kellogg's was finalized, and now it is moving ahead to its new future. It has been over a year since the firm announced the separation of its snack and cereal business unit in North America.
The Newly Formed Business Units
The separated Kellogg Company will now start trading separately as Kellanova and WK Kellogg Co. The first division will manage the snack operations, while the second will be involved in the cereal business.
Both firms will be trading on the New York Stock Exchange, and CNBC reported that WK Kellogg Co. has started trading at $13.80 per share. On the other hand, shares of Kellanova, which manages popular brands such as Cheez-It and Pringles, closed on Monday - down by six percent.
The Spinoffs' Early Performance at the Stock Exchange
The cereal adopted the brands from its North American portfolio, so it now houses Corn Flakes, Froot Loops, Rice Krispies, and more. Its share price also dropped by nine percent when the market closed on the same day.
Kellanova trades at the NYSE under the "K" ticker, while WK Kellogg uses "KLG." At any rate, it was clarified that the international sales for the cereal business would continue under the Kellanova spinoff.
"With the completion of the separation, Kellanova has entered a new era with a new name and a new ambition," Kellanova's chairman and chief executive officer, Steve Cahillane, said in a press release. "We are starting from a position of strength that is rooted in a century-old legacy as we embark on a journey to achieve our vision of becoming the world's best-performing snacks-led powerhouse."
Photo by: Deepak N/Unsplash
