Kraft to cut salt in its North American foods

2010-03-17T16:00:54Z

<div><p>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.</p><p>The changes at Kraft, the largest U.S. food maker, will affect more than 1,000 produ...

Hershey wants to help stores sell more chocolate

2010-02-22T09:12:05Z

<div><p>BOCA RATON, Florida (Reuters) - Hershey Co &lt;HSY.N&gt; has started to share its consumer marketing data with U.S. retailers to help drive sales of chocola...

Earns Kraft Foods

2010-02-16T06:15:43Z

FILE - In this May 4, 2009 file photo, packages of Kraft Macaroni & Cheese fill the shelves of a store in Chicago Ridge, Ill. Kraft Foods Inc. said Tuesday, Feb. 16, 2010, its fourth-quarter profit more than tripled on strength in developing markets and continued benefits from its restructuring plan to focus more on its money-making product.(AP Photo/M. Spencer Green)

Kraft gets over 90 percent of Cadbury

2010-02-22T09:24:45Z

<div><p>NEW YORK (Reuters) - Kraft Foods Inc &lt;KFT.N&gt; said on Monday it had just over 90 percent acceptances from Cadbury Plc &lt;CBRY.L&gt; shareholders in its takeover of the British confectioner.</p><p&g...

Peltz fund value falls 18 percent after sales

2010-02-22T09:41:20Z

<div><p>CHICAGO (Reuters) - Billionaire activist investor Nelson Peltz disclosed that the value of stocks held by his firm Trian Partners fell about 18 percent in the fourth quarter as the company sold stakes in several holdings.</...

Fitful recovery tests consumer goods makers in 2010

2010-02-22T09:49:38Z

<div><p>CHICAGO (Reuters) - The world's biggest food companies and household products makers face a selective return to consumer spending in 2010, testing their resolve to avoid promotions and suggesting more industry mergers to come.</p><p>Their strategies to cope with a slow and fitful recovery will be the focus of the Consumer ...

Kraft to sell $9.5 billion debt to buy Cadbury: report

2010-02-22T11:56:00Z

<div><p>NEW YORK (Reuters) - Kraft Foods Inc &lt;KFT.N&gt; on Thursday launched a 4-part, $9.5 billion debt sale to help finance its acquisition of British confectioner Cadbury &lt;CBRY.L&gt;, IFR reported.</p...

Strategy to snap up global stocks at a discount

2010-02-22T14:01:45Z

<div id="subtitle">Three stocks that could be great candidates</div><div><p>Everyone likes getting a bargain, especially on high-quality products. But when it comes to the stock market, that search for bargains can be a long one. That's especially true right now - after the rally that started in mid-March has propelled so many stocks to new yearly highs. But here's what most investors don't realize: While it may be hard to find truly under...

Kraft Hershey Cadbury

2010-01-22T10:17:53Z

FILE - In this July 22, 2009 file photo, Liz Miller holds a hand full of Hershey Kisses in South Russell, Ohio. Candy maker Hershey said Friday, Jan. 22, 2010, it has no immediate plans to make an offer for British competitor Cadbury, making it all but certain tha...

Health stocks pull market higher as Mass. votes

2010-02-22T18:04:13Z

<div><p>Investors moved back into stocks on hopes that an election in Massachusetts will weaken Senate Democrats and make it harder for President Barack Obama to make changes to health care.</p><p>The vote Tuesday to fill the seat of late Sen. Edward M. Kennedy co...

Kraft Agrees To A Takeover Deal For Cadburys

2010-01-19T12:31:25Z

GLENVIEW, IL - JANUARY 19: A sign marks the location of the Research and Development center for Kraft Food Inc. January 19, 2010 in Glenview, Illinois. The British chocolate giant Cadbury has agreed January 19, 2010 to accept a $19.4 billion takeover bid by Kraft F...

Kraft gobbles Cadbury in mega takeover

2010-02-22T18:10:16Z

<div><p>British chocolate bar maker Cadbury melted into the arms of US giant Kraft on Tuesday in a multi-billion-dollar deal to create a world leader in food and confectionery that sparked fears of job losses.</p><p>Cadbury management has agreed to an improved takeover offer worth 840 pence per share, the companies announced in a statement, valuing the British group at about 11.5 bil...

Cadbury melts into Kraft with $19bln takeover

2010-02-22T18:12:47Z

<div><p>British chocolate bar maker Cadbury melted into the arms of US giant Kraft on Tuesday in a multi-billion-dollar deal to create a world leader in food and confectionery that sparked fears of job losses.</p><p>Cadbury management has agreed to an improved takeover worth 840 pence per share, the companies announced in a statement, valuing the group at around 11.5 billion pounds (...

Kraft swallows Cadbury in multi-billion-dollar takeover

2010-02-22T18:12:50Z

<div><p>Cadbury, a monument to the British chocolate bar, fell on Tuesday to US giant Kraft by accepting an offer worth 11.5 billion pounds which creates a world leader in food and confectionery.</p><p>The pair announced in a statement that Cadbury management had agreed to a takeover worth 840 pence per share -- valuing the group at the equivalent of 13.1 billion euros or 18.9 billio...

Kraft clinches Cadbury takeover for £11.5bln

2010-02-22T18:12:51Z

<div><p>US giant Kraft won control of Britain's Cadbury for 11.5 billion pounds, creating a global leader in food and confectionery and ending a bitter war of words, but sparking jobs uncertainty.</p><p>The pair announced in a statement that Cadbury management had agreed to a takeover worth 840 pence per share -- valuing the group at the equivalent of 13.1 billion euros or 18.9 bil...

Cadbury agrees to £11.5bln takeover from Kraft

2010-02-22T18:12:53Z

<div><p>British confectioner Cadbury has agreed to a takeover from US food giant Kraft worth 11.5 billion pounds (13.1 billion euros, 18.9 billion dollars), the pair said.</p><p>The new firm will provide large cost savings and create a global market leader in food and confectionery, with annual sales totalling ...

Cadbury agrees to £11.5 bln takeover by Kraft

2010-02-22T18:12:54Z

<div><p>Cadbury has agreed to a takeover from US food giant Kraft worth 840 pence per share or 11.5 billion pounds (13.1 billion euros, 18.9 billion dollars), the two firms said on Tuesday.</p><p>"The board of Kraft Foods is pleased to announce the detailed terms of a recommended final offer for Kraft Foods' Easy Mac macaroni and cheese is seen on display at J. J. & F. Market in Palo Alto, Calif. Kraft Foods Inc. said Tuesday Jan. 19, 2010 that the board of Cadbury PLC has accepted and recommended to shareholders an improved takeover offer worth $18.9 billion. ...

Cadbury melts into Kraft with multi-billion-dollar takeover

2010-02-22T18:17:17Z