Kraft Foods Inc. (KFT) financial news, and detailed stock charts
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Kraft Foods Inc. (KFT) Stock Summary:Kraft Foods Inc., together with its subsidiaries, manufactures and markets packaged food products and grocery products worldwide. The company offers snacks, including cookies, crackers, salted snacks, and chocolate confectionary; beverages, including coffee, packaged juice drinks, and powdered beverages; cheese, including natural, process, and cream cheeses; and grocery, including spoonable and pourable dressings, condiments, and desserts. It also offers convenient meals, including primarily frozen pizza, packaged dinners, lunch combinations, and processed meats. Kraft Foods markets its products under various brand names, primarily including Kraft cheeses, dinners and dressings; Oscar Mayer meats; Philadelphia cream cheese; Maxwell House and Jacobs coffee; Nabisco cookies and crackers and its Oreo cookie brand; Milka chocolates; and LU biscuits. It sells its products to supermarket chains, wholesalers, super centers, club stores, mass merchandisers, distributors, convenience stores, gasoline stations, drug stores, value stores, and other retail food outlets. The company was founded in 2000 and is based in Northfield, Illinois. Kraft Foods Inc. operates independently of Altria Group Inc. as of March 30, 2007.
Archieved Financial News About Kraft Foods Inc.
Stocks Close Mixed Amid Tech Weakness
Keywords: Financial, News, Stock, Market, Headlines, Investments, Quotes, Trading, TheStreet.com, Chao Deng ,Stock MarketQuote: Hewlett-Packard will report Thursday afternoon.Energy, consumer staples and financial stocks showed the strongest gains of the session with bank stocks American Express AXP) and JPMorgan ChaseJPM) and food producers Kraft Foods KFT) and Coca-ColaKO) near the top of the Dow.Some encouraging earnings reports from the retail sector also helped cap losses.TargetTGT)retailer anticipates full-year earnings of $4.15 to $4.30 a share, better than analysts' projections for year-end earnings of $4.14 a sh...
Stay Bullish On America And Burt Reynolds
Keywords: Markets,Stocks,Intelligent Investing,International,Investing,Burt Reynolds,Ed McMahon,Hobe Sound,hobe sound florida,Kraft Foods,Merrill Lynch,Nasdaq composite,Smokey & The Bandit,United StatesQuote: stocks got off to a strong start on Wednesday but saw early gains evaporate by day’s end on the S&P 500 Index and turn into a 0.47% loss on the Nasdaq composite.Â Dell’s 10% tumble dragged both averages lower. Aside from corporate earnings, Bank of America filed suit in Martin County, Fla., to boot actor Burt Reynolds from his waterfront estate in Hobe Sound, north of Palm Beach and Jupiter. It turns out that ‘Gator’ is coming up on one year of not paying the mortg...
At Last! The New TRIPLE DOUBLE OREO Cookie Hitting Shelves Now
Keywords: At Last! The New TRIPLE DOUBLE OREO Cookie Hitting Shelves Now, kftQuote: Press ReleaseSource: Kraft Foods Inc.On Wednesday August 17, 2011, 7:00 am EDT(Photo: In early May, word of the yet-to-be released TRIPLE DOUBLEcookie reached the Internet and within hours, fans were buzzing throughout social media about this new take on the iconic cookie. Â At long last, the wait is over. Â The TRIPLE DOUBLEcookie, which combines two layers ofcreme, one chocolate and one original, with three layers of crunchy, chocolaty "Our fans' passion and enthusiasm has challenged us to...
Heinz Plays Ketchup In Emerging Markets, Pours It On For $62 Stock Price
Keywords: International,Investing,Markets,Stocks,stock ideas,Campbell Soup Company,Complan,ConAgra Foods,emerging markets,Food,H. J. Heinz Company,Heinz 57,Kraft Foods,Quero,Tyson FoodsQuote: This year 20% of sales will come from these high growth markets. Kraft Foods, Tyson Foods, ConAgra Foods and Campbell Soup Company. $62 Trefis price estimate for H.J. Heinz Company, which is around 20% ahead of the market price. High growth in emerging markets Emerging markets are the primary growth engines for Heinzâ€™s top line. These markets generated 16% of its sales in 2010 and are expected to contribute to 20% sales by 2011, compared to just 9% in 2005. These results were led by doub...
Nelson Peltz Increases Stake in Kraft, State Street
2011-08-16 07:35:51Quote: By Liz Moyer Investor Nelson Peltz’s Trian Fund Management reported increased stakes in Kraft Foods and State Street, plus a new stake in Domino’s Pizza.In a quarterly securities filing Monday, Trian reported holding 17,311,152 shares of Kraft, up from 12,176,355 reported at the end of March. The State Street stake increased to 6,143,366 shares from 2,325,000. Trian increased or took new stakes in several companies, including a 6 million share stake in Domino’s. It also decrea...
Sara Lee, Kraft argue wiener war in federal court
Keywords: Sara Lee, Kraft argue wiener war in federal court, kft,sle, legal-mattersQuote: CHICAGO (AP) -- The nation's largest hot dog makers argued about the meaning of "100 percent pure beef" and the merits of ketchup Monday in a lawsuit over advertising claims stemming from their years of dog-eat-dog competition.Attorneys for Sara Lee Corp., which makes Ball Park franks, and Kraft Foods Inc., which makes Oscar Mayer, superimposed giant hot dogs on a courtroom screen as they delivered opening remarks in a case that could clarify how far companies can go when boasting about their pr...
Buffett adds Dollar General to stock portfolio
Keywords: warren buffett, buffett, investing, invest, dollar general, berkshire, berkshire hathaway, stocks, portfolioQuote:
Buffett Bullish on MasterCard, Dollar General
Keywords: Financial, News, Stock, Market, Headlines, Investments, Quotes, Trading, TheStreet.com, Frank Byrt ,InvestingQuote: The soft drink maker's shares are up 3.5% this year and up 24% over the past 12 months.Buffett's holding company added to Wells FargoWFC), its second-largest holding, at 19% of the portfolio.Berkshire Hathaway trimmed its Kraft FoodsKFT) stake by 5.5%, but it's still the fifth-biggest holding at 6.7% of the portfolio.About a week ago, Kraft announced it was splitting up into two companies, a global-snacks unit and a North American grocery business. Buffett, 80, who is chairman and chief executiv...
The Wiener and The Losers
Keywords: Lifestyle,Strategies Solutions,Leadership,Drinks,CMO Network,Business,Food & Drink,Strategies & Solutions,Ball Park Franks,Hot dog,Kraft Foods,Oscar Mayer,Sara Lee CorporationQuote:
11 High Dividend Stocks for Dividend Lovers
2011-08-15 02:46:43Quote: Simons is the most prominent DD investor, holding more than $40 million of the stock.Kraft Foods Inc. (KFT) is an American food company providing snacks, confectionery, and quick meal products worldwide. KFT has a 3.40% dividend yield and gained 10.14% since the beginning of this year. The stock has a market cap of $59.94B and P/E ratio of 19.60. Warren Buffett had $3 billion invested in KFT shares (see Buffett’s other massive holdings here). Bill Ackman also holds a large KFT position.Th...
Investors See Value In Consumer Staples -- PM, KFT In Focus
Keywords: ETFs,Investing,Markets,Stocks,Business,Exchange-traded fund,Funds,Moving average,Shares outstanding,SPDR,TradeQuote: Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the Consumer Staples Select Sector SPDR Fund (XLP) where we have detected an approximate $172.5 million dollar inflow — that’s a 4.2% increase week over week in outstanding units (from 141,521,809 to 147,421,809).Among the largest underlying components of XLP, in trading today Philip Morris International (PM) is up about 0.7%, and Kraft Foods (KFT) is relative...
UK's United Biscuits faces break-up to aid disposal - paper
Forbes Leadership Highlights of the Week
Keywords: Careers,CEO Network,CMO Network,Entrepreneurs,ForbesWoman,LeadershipQuote:
Rein: Why China Can't Help the World This Time Around
Keywords: Inflation,General * Asia * News * Story,Asia-Pacific,Asia,Economy * Asia * News * Story,Consumers,China * Asia * News * Story,ChinaQuote:
Archer Daniels Midland Trades Ex-Dividend
Keywords: ETFs,Investing,Markets,Stocks,Archer Daniels Midland,Capital IQ,Fiscal year,Share (finance),Standard & Poor's,United States,Wall Street,Warren BuffettQuote:
Strong franc and commodity costs to hit Nestle H1
2011-08-10 04:06:35Quote: Price increases helped Kraft Foods and Unilever(UNc.AS) post better than expected second-quarter results last week. At French yoghurt maker Danone , big milk cost increases, especially in Russia, pushed it to make big price rises that led to lower dairy sales volumes. Analysts expect Nestle's margins to be hit by soaring costs in the first half before recovering in the second, which should allow the group to confirm guidance for higher overall margins in 2011. It is also expected to confirm its ...
Kraft Foods Looks Like a Buy After Split Announcement
2011-08-09 08:13:44Quote: Breaking up is hard to do, unless you're Kraft Foods (KFT).The company announced Thursday that it would split into two separately trading stocks in a tax-free spin-off to shareholders.Kraft will separate the fast growing global snack foods business, including brands such as Nabisco, from the slower growing but higher margin North American foods division.Shareholders of Kraft will receive shares of the new company representing the North American business.The timing of the announcement couldn't ha...
[$$] Three Stocks on Sale Now
2011-08-08 08:31:21Quote: Plus you currently get a hefty dividend of 4.9%. Kraft Foods last week announced it would split itself into two businesses -- North American groceries and global snacks. The groceries business would suit those who want income. Investors should expect a competitive dividend, says Erin Lash of Morningstar. Kraft's dividend currently yields 3.3%. Anglo-Dutch conglomerate Unilever, another consumer-products giant, with popular brands such as Dove soap, Lipton tea and Ben & Jerry's ice cream, sho...
Kraft's Shares Look Like a Bargain
2011-08-08 08:31:20Quote: Kraft Foods (KFT) reported solid second-quarter results Thursday and indicated that it would split its high-growth global snacks business and its mature, high-margin North American grocery business. The firm also bumped up its 2011 organic net revenue growth and operating earnings per share outlook, to at least 5% (was 4%) and $2.25 (was $2.20), respectively.We were impressed with the firm’s second-quarter performance and think its move to create two independent public companies will creat...
Kraft Foods' CEO Discusses Q2 2011 Results - Earnings Call Transcript