OFFER by KRAFT FOODS INC. for CADBURY PLC - Result of elections under the Mix and Match Facility received during the Subsequent Offer Period
2010-03-18 02:28:45
Quote: NORTHFIELD, Ill., March 17 /PRNewswire/ -- IntroductionOn 2 February 2010, Kraft Foods declared its recommended Final Offer wholly unconditional.The Final Offer remains open until further notice. Kraft Foods will give at least 14 days' notice if Kraft Foods decides to close the Final Offer. Result of elections under the Mix and Match Facility Kraft Foods will settle valid elections under the Mix and Match Facility received between 1 p.m. (London time) / 8 a.m. (New York City time) on 9 March 201...
Read articleKraft Foods Declares Regular Quarterly Dividend of $0.29 Per Share
2010-03-18 02:28:44
Quote: Â This dividend is payable on April 14, 2010, to stockholders of record as of March 31, 2010.(Logo: Â http://www.newscom.com/cgi-bin/prnh/20090420/KRAFTLOGO)The combination of Kraft Foods and Cadbury creates a global powerhouse in snacks, confectionery and quick meals. With annual revenues of approximately $50 billion, the combined company is the world's second largest food company, making delicious products for billions of consumers in more than 160 countries. The combined company's portfol...
Read articleKraft Foods Plans to Reduce Sodium in North American Products an Average of 10 Percent by 2012
2010-03-18 02:28:44
Quote: Â This amounts to the elimination of more than 10 million pounds -- or more than 750 million teaspoons -- of salt from some of North America's most popular foods.(Logo: Â http://www.newscom.com/cgi-bin/prnh/20090420/KRAFTLOGO)"We are reducing sodium because it's good for consumers, and, if done properly, it's good for business," said Rhonda Jordan, President, Health & Wellness, Kraft Foods. Â "A growing number of consumers are concerned about their sodium intake and we want to help them tr...
Read articleUPDATE - Kraft to trim sodium levels in food products
2010-03-18 02:28:43
Keywords: Food processing,Food products,United States of America,Food and beverage,Food and tobacco,Non cyclical consumer goods,Non alcoholic beverages,Beverages,Washington / US Government News,Regulation and enforcement,General News,Politics International Affairs
Quote: UPDATE 2-Kraft to trim sodium levels in food products
* To cut sodium levels in food products by about 10 pct * Plan to take effect over next 2 years(Adds background on Obama efforts) NEW YORK, March 17 (Reuters) - Kraft Foods (KFT.N), the
maker of Oreo cookies and Velveeta cheese, plans to cut sodium
levels in its North American products by about 10 percent over
the next two years, making it the latest food maker trying to
address health concerns as pressure mounts from government. The largest...
Read articleSweet Aftertaste For Buffett?
2010-03-18 02:28:42
Keywords: Warren Buffett, Takeover, Cadbury, Pershing Square Capital
Quote: There was no shortage of good theater in Kraft Foods' recent takeover battle for Cadbury PLC. Included in the drama were nasty top-executive barbs, hand-wringing over matters of national pride, rumored third-party bids, and even some well-chosen cautionary words from Kraft's largest shareholder, Warren Buffett. In the end Kraft clinched the deal on Jan. 19th with a sweetened $19.4 billion bid, bringing the curtain down on Cadbury's nearly 200 years as an independent company.Wall Street's reactio...
Read articleKraft to cut salt in its North American foods
2010-03-18 02:28:42
Quote: (AP) -- Kraft Foods Inc. said Wednesday that it will cut the salt in its products that are sold in North America by an average of 10 percent over the next two years to appeal to health-conscious consumers.The changes at Kraft, the largest U.S. food maker, will affect more than 1,000 products and eliminate more than 10 million pounds of salt over the two-year period, the company said.Kraft and other food makers have cut their use of sodium in recent years. Among other cuts, the company said this ...
Read articleUPDATE - Lindt&Spruengli sees appetite for chocolate returning
2010-03-17 07:48:48
Keywords: Corporate Results,Corporate Results Forecasts,Food processing,Food products,Sugar,Cocoa,Dividend,Business activities,Food and beverage,Food and tobacco,Non cyclical consumer goods,Asia,China,United States of America,Company News item,Economic news, EC, bu
Quote: rival Hershey (HSY.N) is also eyeing a rise in earnings
in 2010, whileKraft Foods Inc (KFT.N), the world's biggest
confectioner after the acquisition of British Cadbury Plc, said
it was confident about its long-term growth potential.
[ID:nN02159030] "We still see a lot of potential in the U.S. where the
premium segment only represents 10 percent of total chocolate
consumption", Tanner said. Lindt & Spruengli is also counting on chocolate lovers in
Asia to boost growth and will open a Lindt C...
Read article[$$] Kraft 'Sorry' for Breaking Cadbury Pledge
2010-03-17 07:48:46
Quote: lawmakers Tuesday, a Kraft Foods Inc. executive made a limited commitment to U.K. jobs and apologized for the broken pledges the U.S. food giant made amid its takeover battle for Cadbury PLC. Marc Firestone, Kraft's executive vice president for corporate and legal affairs, told a committee of parliamentarians that, for at least two years, Kraft won't close any more of the U.K. factories it bought as part of its Cadbury acquisition. He added that there would be no more compulsory redundancies in...
Read articleREFILE-Kraft under fire after Cadbury plant U-turn
2010-03-17 07:48:46
Keywords: Western Europe,Europe,United Kingdom,Domestic Politics,Mergers and Acquisitions (including Changes of Ownership),Financials,Banks (industry group),Food processing,Food products,United States of America,General News,Politics International Affairs and Law,B
Quote: REFILE-Kraft under fire after Cadbury plant U-turn
(Refiles to correct date in dateline to March 16)
* Kraft apologises for U-turn over Cadbury plant closure * Select Committee says Kraft has taken reputational damage * Kraft CEO has not visited UK plants, executive believes
Victoria Howley LONDON, March 16 (Reuters) - Kraft Foods came under heavy
fire from UK parliamentarians on Tuesday for raising false hopes
about the future of a Cadbury plant as it battled to win control
of the British choc...
Read articleMichelle Obama talks anti-obesity to food giants
2010-03-17 07:48:45
Quote: This is the first time she has confronted the food companies that make the snacks and junk food that stuff grocery aisles and school vending machines.The Grocery Manufacturers Association -- which counts Kraft Foods Inc., Coca Cola Co. and General Mills Inc. among its members -- invited her to speak at its science forum this week, and attendees gave her a standing ovation.Welcoming the first lady and embracing her campaign for healthier kids, launched last month, could have advantages. The indus...
Read articleThe New TASSIMO T20 by Bosch Brings the Coffeehouse to You
2010-03-16 06:04:22
Quote: To create an unprecedented level of variety and value, Bosch partnered with Kraft Foods to offer more than 40 hot beverage T DISC flavors from some of the industry's most popular brands.The TASSIMO T20 by Bosch will be available March 30, 2010 at Target stores and Target.com for $129.99 with promotional pricing available.Bosch will showcase its current TASSIMO brewer lineup at the 2010 International Home + Housewares Show, Lakeside Hall #12737. About Bosch Appliances
ENERGY STAR® qualified di...
Read articlePepsi, Diamond Play Healthy Snack-Food Game
2010-03-16 06:04:21
Keywords: Financial, News, Stock, Market, Headlines, Investments, Quotes, Trading, TheStreet.com, David MacDougall ,Food and Beverage
Quote: Read articleMichelle Obama talks anti-obesity to food giants
2010-03-16 06:04:21
Quote: The Grocery Manufacturers Association -- which counts Kraft Foods Inc., Coca Cola Co. and General Mills Inc. among its members -- invited her to speak at its science forum.Welcoming the first lady and embracing her campaign for healthier kids, launched earlier this year, could have advantages.The industry is positioned to take some blows in the coming year, including a child nutrition bill about to move through Congress that could eliminate junk food in schools, digging into some companies' prof...
Read articleKRAFT Singles Announces Top Ten Finalists in Search for 'Single Best Town' in America
2010-03-15 06:16:13
Quote: Read articleKraft in Hot Seat Over Plant Closure
2010-03-15 06:16:12
Keywords: Financial, News, Stock, Market, Headlines, Investments, Quotes, Trading, TheStreet.com, Andrea Tse ,Consumer Goods
Quote: Read articlePREVIEW-UK lawmakers to grill Kraft over Cadbury
2010-03-15 06:16:12
Keywords: Western Europe,Europe,United Kingdom,Food processing,Food products,United States of America,Mergers and Acquisitions (including Changes of Ownership),Domestic Politics,Food and beverage,Food and tobacco,Non cyclical consumer goods,Business activities,Regu
Quote: PREVIEW-UK lawmakers to grill Kraft over Cadbury
* MPs will question Kraft about takeover of Cadbury * Union says Kraft misled Cadbury workers * Kraft says inquiry will not affect the deal * New head of Takeover Panel in spotlightVictoria HowleyDouwe Miedema LONDON, March 12 (Reuters) - Kraft Foods Inc will be grilled
by British parliamentarians next week amid claims the U.S. group
backtracked on plans to keep a Cadbury plant open after its
takeover of the British chocolatier. The closure plan ...
Read articleKraft Foods' Greener Offices Show Small Changes Get Big Results
2010-03-12 02:52:20
Quote: NORTHFIELD, Ill., March 10 /PRNewswire-FirstCall/ -- From an early age, most of us learned the value of switching off the lights when leaving a room, turning off the water faucet, keeping the refrigerator door tightly closed and walking instead of driving short distances. At Kraft Foods, "greener" office buildings are reinforcing these childhood lessons, making it easier for employees to reduce their environmental impact.(Logo:  http://www.newscom.com/cgi-bin/prnh/20090420/KRAFTLOGO)"Sust...
Read articleOFFER by KRAFT FOODS INC. for CADBURY PLC - Result of Elections Under the Mix and Match Facility Received During the Subsequent Offer Period
2010-03-12 02:52:19
Quote: Kraft FoodsPerry Yeatman       (Media)+1 847 646 4538Chris Jakubik       (Investors)+1 847 646 5494Brunswick Group (public relations)Richard Jacques+44 20 7404 5959Jonathan Glass+44 20 7404 5959Further informationThis announcement does not constitute, and must not be construed as, an offer to sell or an invitation to purchase or subscribe for any securities or the solicitation of an offer to purchase or subscribe for any securities, pursuant to the Off...
Read articleEx-Kellogg CEO not seeking to run another foodmaker
2010-03-12 02:52:17
Keywords: Food processing,Food products,United States of America,Germany,Western Europe,Europe,Management issues/policy,Computer hardware,Non Ferrous Metals,Semiconductor equipment and products,Telecommunication services (sector),Heavy electrical equipment,Aerospac
Quote: Read articleKraft Foods Scores Multi-Season Partnership with the NCAA® and CBS Sports
2010-03-12 02:52:17
Quote: Press ReleaseSource: Kraft FoodsOn Thursday March 11, 2010, 10:00 am ESTEAST HANOVER, N.J.--(BUSINESS WIRE)--Kraft Foods’ U.S. Snacks business announced today it has teamed with theNCAA and CBS Sports to become an Official NCAA Corporate Partner forseveral of its flagship snack brands, including andAs part of the agreement, the brands will be featured as the NCAA’sofficial Cookie, Nut and Cracker partners through in-store promotionsand with a major advertising buy on CBS Sports sta...
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