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Kraft Foods Group Inc

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  • OMAHA, Neb.— Billionaire Warren Buffett says Coca-Cola, Heinz and other companies will respond to people's desire for healthier food, but he predicted demand will remain strong for their traditional products. Buffett appeared on CNBC Monday after spending the weekend answering questions at Berkshire Hathaway's annual meeting. Buffett's Berkshire is the...

  • OMAHA, Neb.— Investor Warren Buffett again defended Berkshire Hathaway's manufactured home unit Monday and praised some of his company's biggest investments. Over the weekend, he answered questions in front of more than 40,000 people at Berkshire Hathaway's annual meeting. Clayton's lending was questioned last month in a story by The Seattle Times and The...

  • *Buffett defends 3 G cost-cutting, Clayton Homes. OMAHA, Neb., May 2- Berkshire Hathaway Inc shareholders on Saturday celebrated Warren Buffett's 50th anniversary running the conglomerate, as the billionaire expressed optimism the company would thrive over the long haul, even after he is gone. "It's not Disneyland, it's Warrenland," said David Rolfe, chief...

  • OMAHA, Neb., May 2- Berkshire Hathaway Inc shareholders on Saturday celebrated Warren Buffett's 50th anniversary running the conglomerate, as the billionaire expressed optimism the company would thrive over the long haul, even after he's gone. "It's not Disneyland, it's Warrenland," said David Rolfe, chief investment officer of Wedgewood Partners Inc..

  • OMAHA, Neb., May 2- Berkshire Hathaway Inc shareholders on Saturday celebrated Warren Buffett's 50th anniversary running the conglomerate, as the billionaire fielded questions about the company and its future, and explained some business practices. Berkshire owns more than 80 companies including the Burlington Northern railroad, Geico car insurance,...

  • OMAHA, Neb.— Investor Warren Buffett is defending the aggressive cost cutting that 3 G Capital is using at companies the firm has worked with Buffet's Berkshire Hathaway to buy. Berkshire and 3 G teamed up to buy H.J. Heinz, and now the two are working on buying Kraft Foods. Berkshire also helped finance 3 G's acquisition of Canadian restaurant chain Tim Hortons.

  • OMAHA, Neb.— Adoring investors again formed a mob around billionaire Warren Buffett as he toured the displays at Berkshire Hathaway's annual meeting. Between chanting with University of Nebraska cheerleaders and competing against Bill Gates, Kathy Ireland and shareholders in a newspaper tossing competition Buffett got sales updates from the heads of...

  • OMAHA, Neb.— Berkshire Hathaway shareholders always celebrate Warren Buffett at the annual meeting, but amid the praise Saturday, investors also questioned a couple of the conglomerate's recent business moves. Buffett marked 50 years of leading Berkshire Saturday by spending hours answering questions alongside Vice Chairman Charlie Munger before an...

  • OMAHA, Neb., May 1- Warren Buffett's Berkshire Hathaway Inc on Friday said first-quarter profit rose 10 percent, and operating results easily beat forecasts, boosted by its railroad and insurance businesses and gains from derivatives. Net income for the Omaha, Nebraska- based insurance and investment conglomerate rose to $5.16 billion, or $3,143 per share, from...

  • April 29- Mondelez International Inc, the maker of Cadbury chocolate and Oreo cookies, reported a better-than-expected quarterly profit helped by cost cuts and price increases. Mondelez, whose shares were up 4 percent in premarket trading on Wednesday, said net revenue from North America, its second-largest market after Europe, rose 1 percent to $1.68 billion...

  • April 28- Kraft Foods Group Inc, which is merging with ketchup maker H.J. Kraft's net income fell 16 percent to $429 million, or 72 cents per share, in the first quarter ended March 28 from $513 million, or 85 cents per share, a year earlier. Heinz, backed by Warren Buffett's Berkshire Hathaway Inc and Brazilian private equity firm 3 G Capital, will combine with Kraft to...

  • Kraft Foods quarterly profit falls 16 pct Tuesday, 28 Apr 2015 | 4:27 PM ET

    April 28- Kraft Foods Group Inc, which is merging with ketchup maker H.J. Kraft's net income fell 16 percent to $429 million, or 72 cents per share, in the first quarter ended March 28 from $513 million, or 85 cents per share, a year earlier. Heinz, backed by Warren Buffett's Berkshire Hathaway Inc and Brazilian private equity firm 3 G Capital, will combine with Kraft to...

  • Kraft tops 1Q profit forecasts Tuesday, 28 Apr 2015 | 4:24 PM ET

    NORTHFIELD, Ill.— Kraft Foods Group Inc. on Tuesday reported first-quarter earnings of $429 million. The average estimate of seven analysts surveyed by Zacks Investment Research was for earnings of 81 cents per share. Four analysts surveyed by Zacks expected $4.44 billion.

  • Kraft Foods reports EPS beat, slight revenue miss Tuesday, 28 Apr 2015 | 4:09 PM ET
    Kraft products are offered for sale at Armitage Produce in Chicago, Illinois.

    Kraft Foods reported earnings that beat expectations on Tuesday, although revenue was slightly down.

  • Traders work on the floor of the New York Stock Exchange.

    U.S.stocks closed mixed on Tuesday as investors eyed tech earnings and awaited the Federal Reserve's statement on Wednesday.

  • Janet Yellen speaking on March 18, 2015.

    U.S. stock index futures indicated a flat open on Tuesday ahead of the two-day FOMC meeting, housing data and a busy day of earnings.

  • Protests that forced companies to change Tuesday, 28 Apr 2015 | 8:25 AM ET
    Protester using megaphone during demonstration

    Using demonstrations and campaigns in traditional and social media, consumers are increasingly forcing companies to change their ways.

  • Why the S&P could break out this week Monday, 27 Apr 2015 | 7:12 AM ET
    Traders work on the floor of the New York Stock Exchange.

    As the Fed meets and earnings news rains down, the big question in the week ahead is whether the S&P 500 can manage a break out.

  • Bulls sniffing out an S&P breakout Monday, 27 Apr 2015 | 6:00 AM ET
    Traders work on the floor of the New York Stock Exchange.

    As the Fed meets and earnings news rains down, the big question in the week ahead is whether the S&P 500 can manage a break out.

  • Cramer game plan: Countdown to Apple—play it right Friday, 24 Apr 2015 | 6:11 PM ET
    Apple Inc.

    Jim Cramer has a method to his madness when it comes to playing Apple. He gives his game plan for the big earnings report.