Kellogg's deal to buy Pringles potato chips from Procter & Gamble for $2.7 billion in cash will give them a bigger chunk of the snack market while subsidizing the company's core cereal business, UBS analyst David Palmer told CNBC Wednesday. Read More
Investors think Kraft is a very tasty stock. Whether consumers continue to buy the packaged-food company's goods once price hikes go through are another matter, Morningstar analyst Erin Nash told CNBC on Friday. Read More