GO
Loading...

Kraft Foods Group Inc

More

  • Dec 18- Kraft Foods Group Inc on Thursday said Tony Vernon would retire as chief executive officer later this month, with Chairman John Cahill succeeding him as the company battles sluggish demand for packaged food products in the United States. Kraft shares rose 6.4 percent to close at $63.38, an all-time high since the company was spun off from Mondelez...

  • Dec 18- Kraft Foods Group Inc on Thursday said Tony Vernon would retire as chief executive officer later this month, with Chairman John Cahill succeeding him as the company tries to accelerate its growth. Vernon, who has headed the company since it was spun off from Mondelez International Inc in October 2012, has focused on expanding its reach among growing...

  • UPDATE 1-Kraft Foods appoints Chairman John Cahill as CEO Thursday, 18 Dec 2014 | 10:04 AM ET

    Dec 18- Kraft Foods Group Inc appointed Chairman John Cahill as chief executive to succeed Tony Vernon, who has headed the company since it was spun off from Mondelez International Inc in October 2012. Cahill, who will remain chairman, formerly worked at PepsiCo Inc and served as CEO of Pepsi Bottling Group Inc.. Kraft said Vernon will retire as CEO on Dec. 27 but will...

  • Kraft Foods CEO to retire; Cahill named successor Thursday, 18 Dec 2014 | 9:12 AM ET

    NORTHFIELD, Ill.— Kraft Foods Group Inc. says that CEO Tony Vernon plans to retire later this month. Vernon has served as CEO since the consumer packaged food and beverage company's spinoff from Mondelez International Inc. in October 2012. While Vernon plans to retire from the CEO post on Dec. 27, he will remain with the Northfield, Illinois- based company through...

  • Kraft Foods appoints John Cahill CEO Thursday, 18 Dec 2014 | 9:04 AM ET

    Dec 18- Kraft Foods Group Inc appointed Chairman John Cahill as chief executive to succeed Tony Vernon, who will retire on Dec. 27.

  • America's real hunger game: 50 million in crisis Friday, 12 Dec 2014 | 10:45 AM ET

    Nearly 1 in 6 Americans go hungry. Most at risk: children and the elderly. Companies are rushing to help during the holidays.

  • US stocks close higher; Dow, S&P at records Wednesday, 3 Dec 2014 | 4:00 PM ET
    Traders on the floor of the New York Stock Exchange.

    U.S. stocks rallied into the close, with the Dow ending the day at a record amid encouraging economic reports on Wednesday.

  • Wednesday's midday movers: Apple, Kraft & more Wednesday, 3 Dec 2014 | 12:26 PM ET
    Traders on the floor of the New York Stock Exchange, December 1, 2014.

    Take a look at some of Wednesday's midday movers:

  • Kraft to raise K-Cup coffee prices by 9 pct on Dec. 28 Wednesday, 3 Dec 2014 | 9:12 AM ET

    NEW YORK, Dec 3- Kraft Foods said on Wednesday it will raise prices on most of its single-serve coffees in the United States by approximately 9 percent, effective Dec. 28, due to sustained price increases in associated raw material markets.

  • Things you can sue over: The word 'mayonnaise' Tuesday, 11 Nov 2014 | 11:47 AM ET
    Just Mayo by Hampton Creek

    Food giant Unilever is suing Hampton Creek, maker of eggless spread Just Mayo, accusing it of false advertising and fraud, the New York Times reports.

  • NEW YORK, Nov 11- Mondelez International Inc said on Tuesday it will pay $370 million to buy an 80 percent stake in Vietnamese company Kinh Do Corp's snack business. Mondelez, based in Deerfield, Illinois, already has a small presence in Vietnam selling some of its Oreo, Ritz and Cadbury products. Mondelez will acquire two Kinh Do manufacturing facilities, as well as...

  • Kraft fires most ad agencies amid falling sales Friday, 7 Nov 2014 | 1:13 PM ET
    Velveeta cheese, a product of Kraft Foods

    Kraft Foods Group fired most of its advertising agencies this week, the company confirmed to CNBC.com.

  • GMO label efforts fail but 'fight will continue' Thursday, 6 Nov 2014 | 10:47 AM ET
    A lab technician sorts corn plants in a greenhouse at the Monsanto Chesterfield Village facility in Chesterfield, Missouri.

    Colorado and Oregon ballot measures to label food products that have GMOs were defeated, but proponents vow to fight on.

  • Stock futures fall after data, Fed's more hawkish note Thursday, 30 Oct 2014 | 8:51 AM ET

    U.S. stock index futures traded lower on Thursday, after the Federal Reserve announced the end of quantitative easing.

  • Early movers: TWC, V, DWA, MO, AVP, TWTR & more Thursday, 30 Oct 2014 | 8:09 AM ET
    Trader on the floor of the New York Stock Exchange.

    Some of the names on the move ahead of the open.

  • After-hours buzz: Kraft, Twitter, Visa & more Wednesday, 29 Oct 2014 | 5:01 PM ET

    Check out which companies are making headlines after the bell Wednesday: Kraft, Twitter, Visa & more.

  • Fed will go out of its way to be dovish Wednesday, 29 Oct 2014 | 6:01 AM ET
    Traders on the floor of the New York Stock Exchange.

    The Fed is expected to announce the end of the easing program, but observers say the Fed is unlikely to change the language about keeping rates low.

  • Markets could shrug off Fed if it sounds dovish Tuesday, 28 Oct 2014 | 6:49 PM ET
    Traders on the floor of the New York Stock Exchange.

    The Fed is expected to announce the end of the easing program, but observers say the Fed is unlikely to change the language about keeping rates low.

  • Oct 22- Advertising company Interpublic Group of Cos Inc reported quarterly revenue above analysts' expectations, helped by higher ad spending by U.S. businesses. Interpublic, whose clients include General Motors Co, Unilever Plc and Johnson& Johnson, reported organic revenue growth of 6.3 percent in the third quarter ended Sept 30. Interpublic, home to...

  • Socks step out into the fashion limelight Sunday, 19 Oct 2014 | 7:00 AM ET
    The socks industry is now a $5.6 billion market and has outpaced growth in the $206.7 billion apparel market for the last two years, according to The NPD Group.

    Once known as an often-dreaded gift handed out by thrifty grandmas socks are having their fashion moment thanks to fashion-conscious men.