Companies

http://en.wikipedia.org/wiki/Breakfast_cereal

History

Breakfast cereals have their beginnings in the vegetarian movement in the last quarter of the nineteenth century, which influenced members of the Seventh-day Adventist Church in the United States.[4] The main Western breakfast at that time was a cooked breakfast of eggs, bacon, sausage, and beef. The first breakfast cereal, Granula (named after granules) was invented in the United States in 1863 by James Caleb Jackson, operator of the Jackson Sanitorium in Dansville, New York and a staunch vegetarian. The cereal never became popular; it was far too inconvenient, as the heavy bran nuggets needed soaking overnight before they were tender enough to eat.

The next generation of breakfast cereals was considerably more convenient, and, combined with clever marketing, they finally managed to catch on. In 1877, John Harvey Kellogg, operator of the Battle Creek Sanitarium in Battle Creek, Michigan, invented a biscuit made of ground-up wheat, oat, and cornmeal for his patients suffering from bowel problems. The product was initially also named "Granula", but changed to "Granola" after a lawsuit. His most famous contribution, however, was an accident. After leaving a batch of boiled wheat soaking overnight and rolling it out, Kellogg had created wheat flakes. His brother Will Keith Kellogg later invented corn flakes from a similar method, bought out his brother's share in their business, and went on to found the Kellogg Company in 1906. With his shrewd marketing and advertising, Kellogg's sold their one millionth case after three years.

Charles William Post, a patient at the Battle Creek Sanitarium, also made significant contributions to breakfast cereals. After his 1893 visit, he started his own sanitarium, the La Vita Inn, and developed his own coffee substitute, Postum. In 1897, Post invented Grape-Nuts and, coupled with a nation-wide advertising campaign, became a leader in the cereal business.

In the 1930s, the first puffed cereal, Kix, went on the market. Beginning after World War II, the big breakfast cereal companies - now including General Mills, who entered the market in 1924 with Wheaties - increasingly started to target children. Sugar was added, and the once-healthy breakfasts began to look starkly different from their fiber-rich ancestors; Kellogg's Sugar Smacks, created in 1953, had 56% sugar by weight.[5] Different mascots were introduced, first with the Rice Krispies elves and later pop icons like Tony the Tiger and the Trix Rabbit.

Because of Kellogg, the city of Battle Creek, Michigan is nicknamed the "cereal city".[6]

Main article: Muesli

Muesli is a popular breakfast cereal based on uncooked rolled oats, fruit and nuts. It was developed around 1900 by the Swiss physician Maximilian Bircher-Benner for patients in his hospital.[7] It is available in a packaged dry form such as Alpen, or it can be made fresh.

Most hot cereal can be classified as porridges, in that they consist of cereal grains which are soaked and/or boiled to soften them and make them palatable.

Common hot cereals in Canada include oatmeal, Cream of Wheat and Red River cereal. These hot cereals are typically served with maple syrup or brown sugar and milk or cream. Yogurt is a popular addition to Red River cereal. Due to commercial availability, instant oatmeal has become increasingly popular, in flavors such as peaches and cream, maple and brown sugar, and cinnamon raisin.

In Greece, cornmeal is poured into boiling milk to create a cereal of a thick consistency which is often served to young children.

In India, a popular breakfast combination is poha and milk. Poha is flattened rice flakes or wheat flakes and mixed with hot milk, sugar or jaggery and a minute quantity of cardamom, making a wholesome breakfast. This is very popular in West India. In North India, a similar breakfast is Dalia, made with whole wheat grits. It can be made both sweet(cooked in milk with sugar) or salty (cooked in water using vegetables). The South Indian staple breakfast is idli, sambar, and vada. Like all traditional South Indian meals, this breakfast is served on a banana leaf.

In Russia, a popular breakfast is kasha, a porridge of buckwheat (гречка), farina (манна), or other grains. Kasha is found throughout much of Eastern Europe, including Poland, Croatia, and Lithuania.

Pap is a kind of porridge used in a variety of African meals eaten throughout the day. In other parts of Africa it is known as ugali, sadza, and banku.

Porridge brands unique to South Africa include Jungle Oats and Bokomo Maltabella (made from malted sorghum).[8]

BP is a publicly traded stock company. 79 institutions and 21 individuals hold 100% of the stock, according to BP's website.

According to Corporatewatch.org, the top institutional holders and top mutual fund holders are as follows:

Top Institutional Holders of BP

State Street Corporation

FMR Corporation(Fidelity Management & Research Corp)

AXA Financial, Inc.

UBS Warburg LLC

Morgan Stanley Dean Witter & Company

Barrow, Hanley Mewhinney & Strauss, Inc.

Bank of America Corporation

Citigroup Inc.

First Union Corporation

State Farm Mutual Automobile Insurance Co

Top Mutual Fund Holders of BP

Fidelity Contrafund Inc.

Vanguard/Windsor II

Alliance Premier Growth Fund

Fidelity Growth And Income Portfolio

Fidelity Equity-Income Fund

Massachusetts Investors Trust

Fidelity Magellan Fund Inc

Variable Insurance Products

Fd-Equity-Income Portfolio

Putnam Fund For Growth And Income

Price (T.Rowe) Equity Income Fund

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