Food - Major Diversified
(KFT) Kraft Foods Announces Sodium Reduction by 2012
Kraft Foods Inc. (KFT) announced plans to reduce sodium by an average of 10% across its products primarily in North America over the next two years. Management stated that a number of U.S. consumers are concerned about their sodium intake and this move by Kraft should help them...
18Mar2010 | vitalstocks | 0 comments | Continued(KFT) Kraft’s Earnings Estimate Trends Declining
Earnings estimates for Kraft Inc. (KFT) are declining following the release of strong fourth quarter and full year 2009 results. Kraft completed 2009 on a strong note with fourth-quarter earnings increasing 17.1% from the year-ago period to 48 cents per share. Full-year earnings...
8Mar2010 | vitalstocks | 0 comments | Continued(HNZ) H.J. Heinz Company’s Earnings Report Shows Strong Third Quarter
H.J. Heinz Company (HNZ) reported strong results for the fiscal third quarter of 2010 with earnings of 83 cents per share. Earnings were well above the Zacks Consensus Estimate of 64 cents, and were up 9.2% year over year. Quarterly net sales increased 12.7% year over year to...
25Feb2010 | vitalstocks | 0 comments | Continued(KFT) Kraft Foods Grows but Misses Earnings Estimates
Kraft Foods Inc. (KFT) reported fourth quarter results with earnings of 48 cents per share, below the Zacks Consensus Estimate of 50 cents. However, quarterly earnings were up 17.1% year-over-year. Net revenues for the quarter increased 3.2% year-over-year to $11.0 billion, primarily...
16Feb2010 | vitalstocks | 0 comments | Continued(KFT) Kraft Scores Cadbury On Final Offer
Kraft Foods (KFT) announced that Cadbury PLC has accepted its final offer, which values Cadbury at £11.7 billion ($19 billion) or 850 pence per share (approximately $13.86 per share). As per the offer, Cadbury shareholders will receive 500 pence (about $8.15) in cash and 0.1874...
19Jan2010 | vitalstocks | 0 comments | Continued(KFT) Kraft Foods Offers More Cash for Cadbury
Kraft Foods (KFT) has agreed to sell its North American pizza business to Nestle for $3.7 billion in cash. The transaction is expected to close in 2010. The sale includes the DiGiorno, Tombstone and Jack’s brands in the U.S., the Delissio brand in Canada and the California...
5Jan2010 | vitalstocks | 0 comments | Continued(KFT) 5 Cheapest Dogs of the Dow – Investment Ideas
The end of the calendar year is a symbolic time for many people because it offers an opportunity to reflect on both shortcomings and achievements. This happens to be particularly true for the investment community. End-of-year results are often used as a measuring stick to differentiate...
11Dec2009 | vitalstocks | 0 comments | Continued(KFT) Kraft Foods Beats Earnings Forecasts – Raises Guidance
Kraft Foods (KFT) reported strong second-quarter results with earnings of 55 cents per share, above the Zacks Consensus Estimate of 48 cents. Quarterly earnings were also up 61.8% year-over-year. However, net revenues for the quarter declined 5.7% year-over-year to $9.8 billion,...
4Nov2009 | vitalstocks | 0 comments | Continued(KFT) Kraft to Construct New Research and Development Center
Kraft Foods Inc. (KFT), a leading manufacturer and marketer of packaged food and grocery products worldwide, announced its plans to invest about €15 million (approximately $20 million) to establish a new biscuit research and development (R&D) center in Saclay , France...
9Oct2009 | vitalstocks | 0 comments | Continued(KFT) Kraft Foods Outlines Cost Savings
Kraft Foods Inc. (KFT), a leading manufacturer and marketer of packaged food and grocery products worldwide, has outlined several cost saving strategies to position itself as a strong bidder for the possible takeover of Cadbury Inc (CBY). Kraft Foods and Cadbury combined would...
10Sep2009 | vitalstocks | 0 comments | Continued(KFT) Kraft Foods Sweet on Cadbury
Kraft Foods Inc. (KFT), a leading manufacturer and marketer of packaged food products and grocery products worldwide, on Monday, September 7, 2009 has offered a takeover bid for Cadbury (CBY) at a purchase price of $16.2 billion (£10.2 billion). The offer price represents a...
8Sep2009 | vitalstocks | 0 comments | Continued(LANC) Lancaster Colony Corporation – Higher Zacks Consensus Estimates
Lancaster Colony Corporation (LANC) recently announced fiscal fourth-quarter earnings of $1.01 per share, coming in well ahead of the previous year’s 37 cents and exceeding the Zacks Consensus Estimate by 33%. Lancaster also recently declared a quarterly dividend 28.5 cents...
1Sep2009 | vitalstocks | 0 comments | Continued(HNZ) Heinz Reaffirms Guidance
Heinz (HNZ) reported modest results for the first quarter with earnings of 67 cents per share, which was 5 cents above the Zacks Consensus Estimate of 62 cents. However, earnings were down 6.9% year over year. Quarterly net sales fell 4.5% year over year to $2.47 billion, primarily...
20Aug2009 | vitalstocks | 0 comments | Continued(KFT) The Mac-N-Cheese Economic Indicator?
by The Investment U Research Team If you’re looking for a clutch economic indicator, try Mac-N-Cheese sales. Seriously. They soared 10% in the first quarter, reflecting the consumer weakness we witnessed elsewhere, which ultimately drove the markets lower in January and...
8May2009 | InvestmentU | 0 comments | Continued(LANC) Lancaster Colony Corp. – Momentum – Zacks Rank Buy
Lancaster Colony Corp. (LANC) reported strong second-quarter results in late January and the company’s share price continues to rally. Company Description Lancaster Colony Corp. manufactures and sells consumer goods in specialty foods, glassware and candles in the United...
26Feb2009 | vitalstocks | 0 comments | Continued(KFT) Kraft Foods – substantial dividend, with a current yield of 4.02%
Kraft Foods, Inc. (KFT) is winning customers with its popular food brands. The company has surprised on estimates 2 out of 4 quarters by an average of 7.03%. KFT is trading at 12.8x forward earnings. Company Description Kraft Foods is one of the world’s largest food companies...
29Jan2009 | Shawn | 0 comments | Continued