Famous Amos

The creator of the Famous Amos cookie empire and a passionate advocate for children’s literacy, Wallace “Wally” Amos, passed away at the age of 88. What Happened: Amos, who lost ownership of the Famous Amos company and the rights to use his name, later became the owner of a cookie...

Kellogg Company (NYSE: K) on Monday announced it's selling Keebler and several other businesses to the Ferrero Group for $1.3 billion. The Analyst Morgan Stanley's Dara Mohsenian maintains an Equal-weight rating on Kellogg with a $56 price target. The Thesis Kellogg agreed to sell its...