Stock Blog Hub » Food – Major Diversified

(KFT) Investing in Emerging Market Multinationals

InvestmentU — Fri, 03 Feb 2012 18:23:34 +0000

As a student in Tokyo, I played on a talented U.S. Embassy basketball team full of Marine embassy guards. While we were mowing down every opponent, I noticed that the Japanese referees tried very hard to even things out by calling fouls on us every chance they got. For example, a blocked shot was always [...]

(KFT) Investing in Emerging Market Multinationals

(KFT) Kraft Foods Trims Jobs – Projects Profits

vitalstocks — Mon, 30 Jan 2012 17:36:31 +0000

As Kraft Foods Inc. (KFT) moves ahead with its spin-off plan, the company plans to slash the jobs of about 1,600 employees in North America in the year 2012. According to Kraft, the move was imperative for the smooth running of its businesses. The company also projects higher profits than its earlier forecast for the [...]

(KFT) Kraft Foods Trims Jobs – Projects Profits

(KFT) Kraft Foods Sees Lobbying Charges Shrink

vitalstocks — Tue, 27 Dec 2011 15:07:04 +0000

Kraft Foods Inc. (KFT) reported that it spent $640,000 during the third quarter 2011 on issues related to transportation, agriculture, trade and other matters. The lobbying charges shrunk 1.5% from $650,000 spent during the third quarter of 2010 and 12.3% from $730,000 spent in the second quarter of 2011. According to the filing with the [...]

(KFT) Kraft Foods Sees Lobbying Charges Shrink

(KFT) Kraft Foods Earnings Beat – Raises Outlook

vitalstocks — Sun, 06 Nov 2011 20:48:26 +0000

Kraft Foods Inc. (KFT) posted third quarter 2011 operating EPS of 58 cents per share, surpassing the Zacks Consensus Estimate of 56 cents by 3.6%. It also went up 23.4% from 47 cents reported in the prior-year quarter. Management credited the benefits of increased investments in marketing and innovation, effective advertising and focus on End-to-End [...]

(KFT) Kraft Foods Earnings Beat – Raises Outlook

(KFT) Kraft Foods Cuts Coffee Prices by 6%

vitalstocks — Wed, 14 Sep 2011 16:40:49 +0000

Kraft Foods Inc. (KFT) has cut down the prices of its flagship coffee brand Maxwell House by roughly 6% in the US, effective immediately, driven by a decline in the prices of coffee beans. Accordingly, the price slit converts to 20 cents per pound on roast and ground coffees and 2 cents per ounce on [...]

(KFT) Kraft Foods Cuts Coffee Prices by 6%

(KFT) Kraft Minor stake Aquired by Trian Fund Management

vitalstocks — Thu, 30 Jun 2011 14:24:41 +0000

According to the SEC filing, the billionaire investor Nelson Peltz’s hedge fund – Trian Fund Management has acquired 12.2 million shares of Kraft Foods Inc. (KFT) for $381.9 million during the first quarter of 2011. Trian is based in New York and its stake of 12.2 million shares represents about 0.7% of shares outstanding. Kraft [...]

(KFT) Kraft Minor stake Aquired by Trian Fund Management

(KFT) Soaring Food Prices: Worst Yet to Come

vitalstocks — Tue, 29 Mar 2011 14:37:10 +0000

Over the past few months, consumers in America are witnessing higher prices for their daily food items. The concern is that this inflationary situation may only get worse in the days to come. The Department of Labor Statistics stated that the producer price index soared by 1.6% in February 2011, following a 0.8% increase in [...]

(KFT) Soaring Food Prices: Worst Yet to Come

(KFT) Kraft Foods Fourth Quarter 2010 Earnings Report Meets Estimates

vitalstocks — Sun, 13 Feb 2011 16:46:52 +0000

Kraft Foods Inc. (KFT) posted fourth quarter 2010 operating EPS of 46 cents, in line with the Zacks Consensus Estimate and reflected strong gains from operations and lower taxes, which were offset by various factors. The quarter was primarily driven by strong volume-mix gains in each geography but could only manage the EPS to remain [...]

(KFT) Kraft Foods Fourth Quarter 2010 Earnings Report Meets Estimates

(KFT) U.S. Weekly Jobless Claims Below 400,000

vitalstocks — Thu, 10 Feb 2011 17:48:44 +0000

Weekly jobless claims have fallen below the 400,000 mark to 383,000 for the week ended February 5th — a dip of 36,000 and a big surprise from the 413,000 expected. It is also the lowest level since July 2008. The four-week moving average is down 15,000 to 431,500, and this figure averages in the exceptional [...]

(KFT) U.S. Weekly Jobless Claims Below 400,000

(AFCE) AFC Enterprises Refinances Credit Facility

vitalstocks — Fri, 31 Dec 2010 20:35:35 +0000

AFC Enterprises Inc. (AFCE), the franchisor and operator of Popeyes, the world’s second-largest quick-service chicken concept based on number of units, announced yesterday, the completion of a $100 million credit agreement. The agreement was signed on December 23, with JPMorgan ChaseBank, North America, acting as an administrative agent, and certain other lenders. A first priority [...]

(AFCE) AFC Enterprises Refinances Credit Facility

(HNZ) H.J. Heinz Company Second Quarter 2010 Earnings Preview

vitalstocks — Fri, 26 Nov 2010 04:42:20 +0000

H.J. Heinz Company (HNZ), one of the leading manufacturer and marketer of processed food products worldwide, is scheduled to report its second-quarter 2011 financial results on Friday, November 19, 2010. The current Zacks Consensus Estimate for the quarter is 76 cents a share. First Quarter Synopsis The company posted robust earnings of 75 cents per [...]

(HNZ) H.J. Heinz Company Second Quarter 2010 Earnings Preview

(KFT) U.S. Trade Deficit Gets Even Worse

vitalstocks — Tue, 13 Jul 2010 20:58:48 +0000

In May, the trade deficit expanded to $42.27 billion from $40.32 billion in April. Relative to a year ago, the trade deficit is up 70.0%, but May of a year ago marked the low point in the trade deficit after world trade collapsed following the 2008 financial meltdown. The May trade deficit was also significantly [...]

(KFT) U.S. Trade Deficit Gets Even Worse

(KFT) Kraft Foods Quarterly Earnings Report Up – Misses Consensus Estimate

vitalstocks — Mon, 10 May 2010 05:24:10 +0000

Kraft Foods Inc. (KFT) reported first-quarter earnings of 49 cents per share, below the Zacks Consensus Estimate of 55 cents. However, quarterly earnings were up 19.5% year over year. Net revenues for the quarter increased 26.0% year over year to $11.3 billion, primarily due to the favorable 18.9% impact from the Cadbury acquisition and a 4.2% impact [...]

(KFT) Kraft Foods Quarterly Earnings Report Up – Misses Consensus Estimate

(KFT) Kraft Foods Announces Sodium Reduction by 2012

vitalstocks — Thu, 18 Mar 2010 20:20:55 +0000

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 achieve their target. Reduction of salt is [...]

(KFT) Kraft Foods Announces Sodium Reduction by 2012

(KFT) Kraft’s Earnings Estimate Trends Declining

vitalstocks — Mon, 08 Mar 2010 15:36:56 +0000

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 increased 6.8% to $2.03 per share. Fourth-quarter revenues grew 3.2% to $11.0 [...]

(KFT) Kraft’s Earnings Estimate Trends Declining

(HNZ) H.J. Heinz Company’s Earnings Report Shows Strong Third Quarter

vitalstocks — Thu, 25 Feb 2010 23:19:57 +0000

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 $2.68 billion, primarily attributable to a 6.9% [...]

(HNZ) H.J. Heinz Company’s Earnings Report Shows Strong Third Quarter

(KFT) Kraft Foods Grows but Misses Earnings Estimates

vitalstocks — Tue, 16 Feb 2010 17:22:44 +0000

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 due to the favorable 3.2% impact of foreign currency, partially offset by negative [...]

(KFT) Kraft Foods Grows but Misses Earnings Estimates

(KFT) Kraft Scores Cadbury On Final Offer

vitalstocks — Wed, 20 Jan 2010 00:21:26 +0000

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 New Kraft Foods shares for each share of the UK [...]

(KFT) Kraft Scores Cadbury On Final Offer

(KFT) Kraft Foods Offers More Cash for Cadbury

vitalstocks — Tue, 05 Jan 2010 22:41:48 +0000

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 Pizza Kitchen trademark license. It also includes two [...]

(KFT) Kraft Foods Offers More Cash for Cadbury

(KFT) 5 Cheapest Dogs of the Dow – Investment Ideas

vitalstocks — Fri, 11 Dec 2009 16:27:47 +0000

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 between strategies that will remain unchanged and others that [...]

(KFT) 5 Cheapest Dogs of the Dow – Investment Ideas

(KFT) Kraft Foods Beats Earnings Forecasts – Raises Guidance

vitalstocks — Wed, 04 Nov 2009 21:36:38 +0000

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, primarily due to the unfavorable negative 5.6% impact of foreign currency and a negative [...]

(KFT) Kraft Foods Beats Earnings Forecasts – Raises Guidance

(KFT) Kraft to Construct New Research and Development Center

vitalstocks — Fri, 09 Oct 2009 19:23:30 +0000

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 , a suburb of Paris . The new facility is expected to serve as [...]

(KFT) Kraft to Construct New Research and Development Center

(KFT) Kraft Foods Outlines Cost Savings

vitalstocks — Fri, 11 Sep 2009 02:02:40 +0000

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 create a company with annual revenues of $50 billion (£30 billion), beating [...]

(KFT) Kraft Foods Outlines Cost Savings

(KFT) Kraft Foods Sweet on Cadbury

vitalstocks — Wed, 09 Sep 2009 00:30:32 +0000

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 31% premium over the closing price on Friday, September 4, 2009. [...]

(KFT) Kraft Foods Sweet on Cadbury

(LANC) Lancaster Colony Corporation – Higher Zacks Consensus Estimates

vitalstocks — Tue, 01 Sep 2009 17:06:42 +0000

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 per share, which translates into an industry-leading yield of 2.3%. Company Description Lancaster Colony Corporation [...]

(LANC) Lancaster Colony Corporation – Higher Zacks Consensus Estimates

(HNZ) Heinz Reaffirms Guidance

vitalstocks — Fri, 21 Aug 2009 03:25:15 +0000

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 attributable to a 9% unfavorable impact from [...]

(HNZ) Heinz Reaffirms Guidance

(KFT) The Mac-N-Cheese Economic Indicator?

InvestmentU — Sat, 09 May 2009 00:59:36 +0000

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 February. Last spring and summer they surged 20% ahead of the market collapse, as [...]

(KFT) The Mac-N-Cheese Economic Indicator?

(LANC) Lancaster Colony Corp. – Momentum – Zacks Rank Buy

vitalstocks — Thu, 26 Feb 2009 23:00:46 +0000

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 States. The company was founded in 1961 and has a market cap of $1.13 billion. Second-Quarter Results [...]

(LANC) Lancaster Colony Corp. – Momentum – Zacks Rank Buy

(KFT) Kraft Foods – substantial dividend, with a current yield of 4.02%

Shawn — Thu, 29 Jan 2009 23:39:23 +0000

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 with sales in more than 150 countries. Founded [...]

(KFT) Kraft Foods – substantial dividend, with a current yield of 4.02%