June 18, 1994 |
Quaker Oats Co., maker of popular products ranging from oatmeal to Gatorade, was rumored Friday to be a takeover target of Nestle, and the talk sent its stock to a 12-month high. Shares in the Chicago-based company closed $7.25 higher at $78.625 on the New York Stock Exchange. A Quaker Oats spokesman could not be reached for comment. Quaker Oats declined to comment on its stock activity, according to a statement from the NYSE.
May 26, 1991 |
Fernando Valenzuela could be on his way back to the major leagues. Chris Haslock could be on his way out of baseball. The two pitchers, seemingly heading in opposite directions on the professional baseball ladder, met at a crossroads earlier this week in Palm Springs. Valenzuela started for the Angels' Class-A California League affiliate while Haslock pitched in relief for the High Desert Mavericks of the San Diego Padres organization.
June 22, 1990 |
Quaker Oats Co., whose earnings have been dragged down by its soon-to-be-shed Fisher-Price toy unit, said today that it will reorganize its businesses and lay off several hundred workers over the next year. The food processing company, whose brands include Quaker Oats, Life and Cap'n Crunch cereals, Aunt Jemima, Celeste frozen pizza, Gatorade, Rice-A-Roni, Ken-L Rations and Gaines-Burgers, also said it expects to report flat to slightly lower profits for its fiscal year ending June 30.
April 24, 1990 |
Quaker Oats Co. said today that it will spin off its troubled Fisher-Price toy division to Quaker shareholders, leaving the parent company free to concentrate on its food business. Fisher-Price, whose durable toys once dominated the infant and preschool categories, has struggled against fierce competition in recent years. Quaker Chairman William D. Smithburg said Fisher-Price should fare better as an independent, publicly owned company.
September 12, 1989 |
Quaker Oats Co., once known for puffed cereal "shot from guns," trained its legal firepower on the Texas attorney general Monday in defense of its ads praising the health benefits of oat bran. "The Texas state attorney general does not want us to communicate health messages to the citizens of his state," said Luther C. McKinney, chief legal officer of Chicago-based Quaker. Atty. Gen.
May 4, 1989 |
DEAR SOS: The reader who is looking for a low cholesterol recipe for bran muffins will probably prefer this one made without eggs. Oat bran can be purchased at any grocery store. A Quaker Oats bran cereal recipe follows. --EVELYN DEAR EVELYN: Thanks for calling our attention to the recipe. It doesn't have the richness of standard bran muffins but it is a good alternative for muffins made without eggs. DARK OAT BRAN MUFFIN 2 cups oat bran 1/4 cup brown sugar, firmly packed 2 teaspoons baking powder 1/2 teaspoon salt 1 cup 2% low-fat milk 2 egg whites, lightly beaten 1/4 cup honey or molasses 2 tablespoons oil Combine oat bran, brown sugar, baking powder and salt.
November 4, 1988 |
Quaker Oats Co. said it plans to discontinue corn milling operations at its Chattanooga, Tenn., foods division plant. It said ending the operations will affect 68 of its 140 employees and is scheduled for mid-February.
October 5, 1988 |
Quaker Oats Co. has announced that it will close its can manufacturing plant in Indianapolis in two months, eliminating about 160 jobs. The plant is scheduled to close on Nov. 14 and the majority of its assets will be sold to Heekin Can Inc., Quaker said in a news release. Heekin will use the facility to supply cans for the manufacture of food products in the adjacent Gatorade-Van Camp processing plant and at other Quaker plants.