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Kraft Foods News

News on Kraft Foods continually updated from thousands of sources around the net.

6 hrs ago | Antrim Today

MP calls for Cadbury to remain British

A Birmingham MP has tabled a House of Commons motion to keep Cadbury under British ownership.

Comment?

Related Topix: Beverages, Cadbury Schweppes, Worcestershire County, England, World News, Warwickshire County, England, United Kingdom, West Midlands County, England, Food, Cheshire County, England, Staffordshire County, England,

14 hrs ago | Motley Fool

A Big Upgrade for H.J. Heinz

He's up 1,334%! See what David's recommending that you buy NEXT! Click here now to find out! Every day, the sun rises on Wall Street, and a plethora of professional analysts wake to issue new opinions on stocks.

Comment?

Related Topix: Food, Heinz H J, Financial Markets, ConAgra Foods, Beverages, PepsiCo, Restaurant Management, Mcdonalds

21 hrs ago | Reuters

Banks keen to join Kraft's $9 bln acquisition loan

Kraft Foods Inc , which has secured a $9 billion bridge loan backing an expected bid for UK confectioner Cadbury , has been contacted by more banks keen to join the deal, senior bankers said on Wednesday.

Comment?

Related Topix: Food

Tue Nov 10, 2009

Hampton Roads Daily Press

Ralcorp says 4th-quarter profit nearly doubles as sales rise on Post Foods acquisition

Ralcorp Holdings Inc. said Tuesday its fiscal fourth-quarter profit nearly doubled on higher sales and a boost from its acquisition of Post Foods.

Comment?

Related Topix: Agriculture, Ralcorp Holding, Food

St. Louis Business Journal

Post Food president resigns at Ralcorp

Stephen Van Tassel has resigned as corporate vice president and president of the Post Foods division at Ralcorp Holdings Inc.

Comment?

Related Topix: Agriculture, Ralcorp Holding, Food

Reuters

Factbox: Key points on Cadbury

British confectionery company Cadbury was expected to reject a takeover bid formalized by Kraft Foods Inc on Monday, triggering a bid battle that could last up to three months.

Comment?

Related Topix: Beverages, Cadbury Schweppes, Food, Life, Chocolate

Salon.com

RadioShack, Revlon, Dish Network are big movers

The following stocks were among those that moved substantially or traded heavily Monday on the New York Stock Exchange: NYSE: RadioShack Corp., up $2.53 at $20.27 The electronics retailer said it would sell Apple Inc.'s popular iPhone, and an analyst said that could boost customer traffic.

Comment?

Related Topix: Retail, Revlon, RadioShack, Household Products, Financial Markets, iPhone, Abercrombie and Fitch, Apparel, Food

Mon Nov 09, 2009

The Retail Stock Blog

Kraft-Cadbury Deal Melting as Kraft Results Disappoint

As suggested by Research Recap two months ago, there's a good chance there will be no merger of Kraft and Cadbury at least for now.

Comment?

Related Topix: Food

The Daily Breeze

Stocks jump after G-20 pledge to aid economies

Kraft Foods Inc. launched a 9.8 billion british pounds hostile bid for Cadbury PLC refusing to sweeten its previous offer which was knocked back by the British candy maker.

Comment?

Related Topix: Financial Markets, Food

Globeinvestor.com

CA-BUSINESS Summary

Upstart rivals are set to take a still bigger bite out of TMX Group Inc's share of the Canadian stock trading market in coming months as competition heats up over pricing, product and technology.

Comment?

Related Topix: Hurricane, Weather, Hurricane Ida, Cable & Satellite, Comcast, Food

WNED.org

Stock futures point to gains after G20

Stock index futures pointed to a higher open on Wall Street on Monday, with futures for the S&P 500 up 0.9 percent, Dow Jones futures up 0.8 percent and Nasdaq 100 futures up 0.8 percent at 5:10 a.m. EST.

Comment?

Related Topix: Food, Sprint, Telecom, IT Services, Financial Markets

Sun Nov 08, 2009

Bloomberg

Kraft May Raise $16 Billion Bid for Cadbury to Keep Takeover Attempt Alive

Kraft Foods Inc. , the worlda s second- largest food maker, may increase its 9.8 billion-pound bid for confectioner Cadbury Plc by tomorrowa s deadline to keep its takeover attempt alive.

Comment?

Related Topix: Food, Northfield, IL, Financial Services, Franklin Resources, Investment Services, Warren Buffett

Sat Nov 07, 2009

Bloomberg.com

Top Cadbury Holder Franklin Resources Bought for M&A, Awaits Kraft Offer

Franklin Resources Inc. fund manager Anne Gudefin , whose company is the biggest investor in Cadbury Plc , said she targeted the U.K. confectioner as a takeover candidate before Kraft Foods Inc.

Comment?

Related Topix: Food, Financial Services, Franklin Resources, Investment Services, Northfield, IL

Fri Nov 06, 2009

Forbes

Elizabeth Smith Leaves Avon

The challenge of a CEO job is a key issue in Smith's jump to OSI Restaurant Partners.

Comment?

Related Topix: Avon Products, Household Products, Food, Marketing, Tampa Metro, Tampa, FL

The Motley Fool

Kraft: Dig In or Move On?

Depending on how you slice third-quarter results, packaged-foods icon Kraft turned in a performance that was absolutely delectable, merely palatable, or somewhere in between.

Comment?

Related Topix: Food, Life, Cheese, Heinz H J, J M Smucker, Management

The Economist

Schumpeter: Food fight

IT SEEMS that food still trumps everything. The past few months have seen a parade of proposed corporate marriages in all sorts of gee-whiz industries, from entertainment to information technology .

Comment?

Related Topix: Food, Beverages, Cadbury Schweppes, Life, Chocolate, Europe, World News, United Kingdom

Thu Nov 05, 2009

This Is Money

Cadbury: Protecting a sweet heritage

The moment of truth is rapidly approaching for Kraft's chief executive Irene Rosenfeld, who must deliver her bid for Cadbury by 5pm on Monday.

Comment?

Related Topix: Food, Opinion

MediaPost Publications

Kraft Net Revenues Decline, But'09 Guidance Raised

Kraft Foods Inc.'s Q3 '09 net revenues declined 5.7%, to $9.8 billion, as a result of unfavorable currency effects and divestitures.

Comment?

Related Topix: Food

Optionetics

Closing Wrap-Up, Nov. 4

Volatility continues Wednesday with stocks coming off their morning highs to close mixed on the session.

Comment?

Related Topix: Financial Markets, 9, Manufacturing, SPX, Electronics, Food

Wed Nov 04, 2009

CBS News

Exec To Plead Guilty In Tomato Price-fixing Case

A former executive for a California-based tomato processor agreed to plead guilty to participating in a conspiracy to drive up food prices nationwide, federal prosecutors said Wednesday.

Comment?

Related Topix: Food

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