GuruFocus Updates (Free subscription) | yesterday
By Mike Covello. We know that Berkshire bought $2.3 billion of common stocks during the third quarter, and Friday we will find out exactly what Warren has been buying. Read more » »
Money Morning (Free subscription) | yesterday
By Don Miller Associate Editor Money Morning Kraft Foods Inc. (NYSE: KFT) yesterday (Monday) refused to sweeten its $16.4 billion offer for Cadbury PLC (ADR NYSE: CDY). Instead, the North American... Money Morning is here to help investors profit handsomely on this seismic shift in the global economy. Money moves markets. But Money Morning lets you move first.
AXcess News (Free subscription) | yesterday
Kraft Foods (NYSE: KFT) hopes to see some Cadbury Plc (NYSE: CBY) share certificates dangling from its holiday stocking after making a hostile bid of $16.4 billion to buyout the UK-based maker of creamed eggs and chocolates.
BloggingStocks (Free subscription) | yesterday
Filed under: Deals , Kraft Foods'A' (KFT) Ahead of the pre-determined deadline, Kraft ( KFT ) decided to launch its formal offer for U.K.-based chocolate maker Cadbury ( CBY ). KFT announced that the cash-and-stock bid is worth $16.46 billion (9.8 billion pounds) or 717 pence per U.K.-listed CBY share. At that rate, KFT said the bid is 37% higher than CBY's July 3 close. KFT added that no other potential...
Business Wire (Free subscription) | 11/05/2009
CHICAGO--(BUSINESS WIRE)--Zacks Equity Research highlights Novatel Wireless (Nasdaq: NVTL) as the Bull of the Day and The Corporate Executive Board (Nasdaq: EXBD) the Bear of the Day. In addition, Zacks Equity Research provides analysis on Automatic Data Processing (NYSE: ADP), Johnson & Johnson (NYSE: JNJ) and Kraft Foods (NYSE: KFT). Full analysis of all these stocks is available at http://at.zacks.com/?id=2678....
The Business Insider (Free subscription) | 11/05/2009
American junk food giants say business is killing it. Dr. Pepper Snapple Group (DPS), maker of fine soft drinks, expects a fiscal year EPS of $1.92 to $1.96. Third quarter earnings shot up 42%, with a profit of $151 million, thanks in large part to lower manufacturing costs. Sara Lee (SLE) earned $230 million during Q3 and lifted its 2010 EPS view to 90 to 96 cents, also due to lower costs. Wendy's/Arby's...
BAYSTREET NEWSWIRE (Free subscription) | 11/04/2009
Packaged foods giant Kraft Foods Inc. ( KFT ) said late Tuesday that its third quarter profit fell from last year, when results were bolstered by a big one-time gain, but results still beat analyst estimates. The Northfield, Illinois-based company posted third quarter net income of $824 million, or 55 cents per share, compared with $1.36 billion, or 91 cents per share, in the year-ago period. Last...
SeekingAlpha Retail Stocks (Free subscription) | 11/04/2009
Kraft Foods ( KFT ) Q3 2009 Earnings Call November 3, 2009 5:00 pm ET Complete Story »
GuruFocus Updates (Free subscription) | 11/04/2009
By 10qk. Kraft Foods Inc. ( KFT ) filed Quarterly Report for the period ended 2009-09-30. Read more » »
Stocks to Watch Today (Free subscription) | 11/03/2009
Kraft Foods (KFT) is falling this afternoon after missing Q3 sales estimates but beating on the bottom line. Revenue fell 6%, year over year, to $9.8 billion, below the $10.32 billion estimate, yielding profit per share of 55 cents, ahead of the average 48-cent estimate. For the full year, the [...]
PR News Wire (Free subscription) | 11/03/2009
NORTHFIELD, Ill., Nov. 3 /PRNewswire-FirstCall/ -- Kraft Foods Inc. (NYSE: KFT) today reported solid third quarter 2009 results fueled by strong profit performance across all geographies. Volume/mix, which improved sequentially from the second quarter 2009, was the key driver of organic net revenue growth and a significant contributor to income growth and margin expansion versus the prior year.
MarketIntelligenceCenter.com (Free subscription) | 11/03/2009
Kraft Foods (NYSE: KFT) opened at $27.65. So far today, the stock has hit a low of $27.40 and a high of $27.70. KFT is now trading at $27.50, down $0.14 (-0.51%). The stock hit its 52-Week high of $30.53 in November and set its 52-Week low of $20.81 in March. Kraft is trading slightly lower today ahead of this afternoon's third quarter earnings release. The company is expected to report third quarter...
Market Wire (Free subscription) | 11/03/2009
NEW DELHI, INDIA (MARKET WIRE) Wallstsense.com is an online community with a dedicated team of analysts who are providing free in-depth research on North American equities. Our analysts have issued complimentary analysis on the following six companies: EQT Corporation (NYSE: EQT), Johnson Controls Inc. (NYSE: JCI), Hershey Co. (NYSE: HSY), Kraft Foods Inc. (NYSE: KFT), Advance Auto Parts Inc. (NYSE:...
SBUX - BloggingStocks (Free subscription) | 11/02/2009
Filed under: Earnings reports , Cisco Systems (CSCO) , Time Warner (TWX) , Starbucks (SBUX) , Kraft Foods'A' (KFT) Equity markets ended the third quarter with their biggest losses in four months, and we're now staring down the closing months of 2009 . Half the quarter, of course, is dominated by holiday sales, which ups the stakes at the finish line and sets the tone for the bulk of 2010. Even though...
BloggingStocks (Free subscription) | 11/02/2009
Filed under: Options , Kraft Foods'A' (KFT) Kraft Foods (NYSE: KFT ) is expected to report Q3 EPS on November 3. KFT's $16.7 billion bid for Cadbury PLC (NYSE: CBY ) was rejected by CBY in September. KFT faces a November 9 deadline set by the U.K. Takeover Panel to make a formal offer for CBY. KFT November option implied volatility is at 25, December is at 24; versus its 26-week average of 25, according...
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