Kraft Foods Inc.
News and overview for Kraft Foods Inc.
Kraft Foods, Cadbury, McDonald's and more in view - MarketWatch
MarketWatch | 13 days 12 hours 4 minutes ago
See Europe Markets for more.See Asia Markets for more.
Kraft Foods earnings aim to make a point - MarketWatch
MarketWatch | 20 days 20 hours 31 minutes ago
Kraft, faced with a looming deadline to submit a formal bid for Cadbury, reports third-quarter earnings Tuesday. Analysts forecast Kraft to earn 48 cents a share on sales of $10.3 billion, according to FactSet Research as of Friday.
Time Warner, Comcast, Kraft Foods in focus - MarketWatch
MarketWatch | 18 days 12 hours 2 minutes ago
European shares gained as a fresh wave of earnings from companies including Societe Generale, Bank of Ireland and Adidas were cheered by investors. Asian stocks also advanced, with many rebounding on the back of commodity shares.
Cadbury investors may have to take whatever Kraft offers - MarketWatch
MarketWatch | 9 days 19 hours 28 minutes ago
With hedge funds such as Paulson & Co raising their stakes in Cadbury on a daily basis, it seems hedge funds and short-term investors will play an increasingly important role in deciding the fate of the U.K. confectioner.
Cadbury rejects 'derisory' Kraft offer - MarketWatch
MarketWatch | 13 days 12 hours 4 minutes ago
Cadbury rejects 'derisory' Kraft offer
Kraft launches $16.5 billion bid for Cadbury - MarketWatch
MarketWatch | 13 days 12 hours 5 minutes ago
The offer price is a 29% premium to the 90-day average price before Kraft first announced a potential bid in early September.
Kraft lifts profit forecast as sales view trimmed - MarketWatch
MarketWatch | 18 days 13 hours 2 minutes ago
"We remain interested but will maintain a disciplined approach," Kraft Chief Executive Irene Rosenfeld said in a prepared statement about Cadbury.
Kraft faces hostile showdown with Cadbury Monday - MarketWatch
MarketWatch | 14 days 5 hours 52 minutes ago
As telecom operators report results, Spain will be one of the main markets investors focus on. Barclays and A-B InBev also will report third-quarter results.
Kraft seeks more shares for Cadbury bid - MarketWatch
MarketWatch | 13 days 3 hours 14 minutes ago
Kraft seeks more shares for Cadbury bid
Kraft lifts profit forecast; still eyeing Cadbury - MarketWatch
MarketWatch | 19 days 4 hours 35 minutes ago
KFT
Kraft, Hartford results to arrive late - MarketWatch
MarketWatch | 19 days 6 hours 38 minutes ago
Charles Schwab launched its first-ever ETF's on Tuesday. Schwab's Jeff Mortimer explains how Schwab's ETFs are different from all the others on offer. (Nov. 3)
Kraft may turn Cadbury bid hostile next week: report - MarketWatch
MarketWatch | 19 days 23 hours 2 minutes ago
Kraft's offer in early September was rejected by Cadbury, so a move to formalize this cash and shares offer at the same value, then worth 745 pence or GBP10.2 billion ($16.7 billion), would not change Cadbury's position and turn the bid hostile, the report said.
Kraft launches $16.5 billion Cadbury bid - MarketWatch
MarketWatch | 13 days 12 hours 31 minutes ago
Abercrombie & Fitch raised by Credit Suisse
Kraft reportedly lines up $9 billion loan for Cadbury bid - MarketWatch
MarketWatch | 18 days 19 hours 21 minutes ago
Kraft needs to show the U.K.'s Takeover Panel that it has committed financing in place before Nov. 9, when it has to bid for a second time or walk away for six months, after Cadbury rejected its initial cash and share bid in September, the report said.
Kraft Foods Reports Q3 EPS From Continuing Operations Up 62% to $0.55; Raises 2009 EPS and Cash Flow Guidance [Press Release]
PRNewswire | 18 days 22 hours 42 minutes ago
NORTHFIELD, Ill., Nov. 3 /PRNewswire-FirstCall/ -- Kraft Foods Inc.
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Company Overview
| Company: | Kraft Foods Inc. |
|---|---|
| Industry: | Food |
| Website: | http://www.kraft.com |
Mac & cheese if you please. Kraft Foods is the #1 US food company and #2 worldwide (after Nestlé). Its North America unit makes the world's largest-selling cheese brand (Kraft), owns cookie and cracker baker (Nabisco), and sells the milk-dunking favorite, Oreos; its international business unit offers many of the same brands plus national favorites. Its Oscar Mayer, Kraft, Philadelphia, Maxwell House, Nabisco, Oreo, Jacobs, Milka, and LU brands all have revenues of at least $1 billion; more than 50 of its brands regularly hit the $100 million mark. Having sold Post cereals in 2008, Kraft set its sights on candy, offering to buy Cadbury in late 2009. Warren Buffet's Berkshire Hathaway owns 9.4% of Kraft.
Key Numbers
| Sales in U.S. Dollars (mil.) | 42,201 (2008) |
|---|---|
| One-year % Growth in Sales | 13.3 (2008) |
| Net Income in U.S. Dollars (mil.) | 2,901 (2008) |
| One-year % Growth in Net Income | 12.0 (2008) |
| Number of Employees | 98,000 (2008) |
| One-year % Growth in Number of Employees | -4.9 (2008) |
| Fiscal Year-End | December |