Kraft Foods News

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

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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.

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

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

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.

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.

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.

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.

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.

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.

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.

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.

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

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.

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 .

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.

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

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

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.