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Tag Archives: Kraft Foods

Overnight Market News – March 8, 2010

08-Mar-10

Royal Dutch Shell PLC and PetroChina Co Offer USD 3B to Acquire Australia’s Arrow Energy Ltd
American International Group Inc (AIG) Closes in on Deal to Sell Foreign Life Insurance Unit to MetLife for USD 15B in Cash and Stock
Kraft Foods Inc Faces UK Probe over Plans to Close a Cadbury PLC Factory it Said it [...]

Overnight Market News – January 18, 2010

18-Jan-10

Google Inc Investigates whether Employee(s) Might Have Assisted December Cyber-Attack in China
Kraft Foods Inc to Revise Cadbury PLC (CBRY) Bid by Tomorrow, Investors Push CBRY Shares Up on London Stock Exchange in Anticipation of Sweetened Offer
International Monetary Fund (IMF) Head Warns Governments Not to Exit Stimulus Packages Too Quickly as Recovery “Remains Very Fragile”
Japan Airlines [...]

Overnight Market News – January 5, 2010

05-Jan-10

Kraft Foods Inc Sells US Frozen Pizza Business to Nestle SA for USD 3.7B, Raising Funds to Improve its Bid for Cadbury Plc
South Korean Conglomerate, Kumho Asiana Group Plans to Raise USD 1.1B Via Asset Sales and Job Restructuring in Effort to Repay Debt
UAL Corp’s United Airlines Division Plans to Sell USD 500mm Worth of [...]

Overnight Market News – January 4, 2010

04-Jan-10

Novartis AG Plans Complete Takeover of Alcon, Inc; to Buy Out Remainder of Shares from Nestle SA and Minority Shareholders for USD 39.3B
China Manufacturing Grows at Fastest Pace in 5 Years, HSBC Purchasing Manager Index Rises to 56.1 in December 2009 from 55.7 in November 2009
Kraft Foods Inc to Raise its GBP 10B Offer to [...]

Overnight Market News – November 9, 2009

09-Nov-09

Kraft Foods Inc Expected to Officially Launch GBP 10B Hostile Bid for Cadbury PLC by Noon on Monday
General Electric Co, Comcast Corp Agree on USD 30B Valuation for NBC Universal, Bringing them Closer to a Deal
Morgan Stanley Looks to Sell its 34% Stake in Investment Bank, China International Capital Corp
Sprint Nextel Corp to Invest More [...]

Overnight Market News – September 28, 2009

28-Sep-09

Abbott Laboratories Announces USD 6.6B Acquisition of Solvay SA’s Prescription Drug Unit
Kraft Foods Inc Set to Make Hostile Bid for Cadbury PLC, Valuing it at GBP 11B
Xerox Corp to Buy Affiliated Computer Services, Inc in Cash-and-Stock Deal Worth USD 5.75B
GlaxoSmithKline PLC Signs USD 1B Agreement with Brazil to Guarantee Sales of its Pneumonia and Meningitis [...]

Overnight Market News – September 7, 2009

07-Sep-09

Kraft Foods Inc Continues to Seek Takeover Deal After Cadbury PLC Rejects USD 16.7B Offer
G20 Finance Ministers Propose New Regulations Requiring Banks to Retain More Profits, Curb Banker Compensation
General Electric Co Says it is Confident it Will Win Contracts to Supply Engines for China’s Big Aircraft Manufacturing Venture
Abu Dhabi to Purchase Singapore’s Chartered Semiconductor Manufacturing [...]

Kraft Foods’ 1st Quarter Results Tops Forecasts

06-May-09

Kraft Foods Inc., the biggest U.S. food maker, posted first quarter results that topped forecasts. Earnings per share (EPS) grew 15.39% to USD 0.45. Analysts were expecting USD 0.40. Kraft has been able to achieve this earnings growth through staunch attention to curbing production costs. It has also enhanced advertising and product development to allow [...]

Financial News Summary – May 5, 2009

05-May-09

- Kraft Foods Inc Earnings Top Estimates
- Adidas AG Sees First Quarter Profits Plummet, Announces Job
- UBS Cautious on Outlook