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Kraft Foods Group Inc

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  • US STOCKS SNAPSHOT-Wall St rises at open after M&A news Wednesday, 25 Mar 2015 | 9:36 AM ET

    March 25- U.S. stocks opened higher on Wednesday despite weak industrial orders data, after a merger agreement between Kraft Foods and Heinz Co..

  • Dollar continues to weigh on Wall Street, data eyed Wednesday, 25 Mar 2015 | 9:23 AM ET

    U.S. stock index futures indicated a higher open on Wednesday, as volatility in the dollar continued to spook markets.

  • Early movers: KRFT, TSLA, AXP, AZO, FB & more Wednesday, 25 Mar 2015 | 7:58 AM ET
    A trader works on the floor of the New York Stock Exchange.

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

  • *Kraft up 27 pct, Kofax adds 45 pct after separate deal news. *Kofax Ltd rallied 45 percent premarket after Lexmark International, known for its printers, said it would buy Kofax in a deal of about $1 billion. Lexmark shares jumped 7.9 percent.

  • March 25- Kraft Foods Group Inc, the maker of Velveeta cheese and Oscar Mayer meats, will merge with ketchup maker H.J. Heinz Co, owned by 3 G Capital and Berkshire Hathaway Inc, to form North America's third-largest food and beverage company. Brazilian private equity firm 3 G Capital and Warren Buffett's Berkshire Hathaway acquired Heinz for $23.2 billion in...

  • Heinz and Kraft: What the deal combines Wednesday, 25 Mar 2015 | 7:03 AM ET

    BRANDS: Classico pasta sauce, Heinz Ketchup, Ore-Ida, Lea& Perrins, Bagel Bites, Nurture infant formula, Weight Watchers Smart Ones, and Golden Circle. NAME: Kraft Foods Group Inc.. BRANDS: A1, Athenos, Breakstones, CapriSun, Cheez Whiz, Cracker Barrel, Cool Whip, Country Time Lemonade, Jell-O, Kool Aid, Maxwell House, Oscar Mayer, Planters, Stove Top and Velveeta.

  • March 25- Kraft Foods Group Inc, the maker of Velveeta cheese and Oscar Mayer meats, will merge with ketchup maker H.J. Heinz Co, owned by 3 G Capital and Berkshire Hathaway Inc, to form the world's fifth-largest food and beverage company. The combined company will have eight brands worth more than $1 billion each and five worth $500 million- $1 billion each, the...

  • HJ Heinz buys Kraft to build $28 billion food giant Wednesday, 25 Mar 2015 | 6:14 AM ET

    The combination of the two companies— each more than a century old— was engineered by Warren Buffett's Berkshire Hathaway and Brazilian investment firm 3 G Capital, which teamed up just two years ago to buy Heinz. Still, the early plans outlined by Kraft and Heinz executives in a conference call Wednesday focused largely on the savings that would be achieved...

  • Kraft Foods to merge with ketchup maker Heinz Wednesday, 25 Mar 2015 | 6:09 AM ET

    March 25- Kraft Foods Group Inc said it would merge with ketchup maker H.J. Heinz Co, owned by 3 G Capital and Warren Buffett's Berkshire Hathaway Inc, to form the third-largest food and beverage company in North America. Kraft shareholders will receive stock in the combined company and a special cash dividend of $16.50 per share, which will be funded by Berkshire...

  • US market indexes slump, extending declines to a 3rd day Wednesday, 25 Mar 2015 | 12:44 AM ET

    The selling gathered strength in the afternoon, with companies like Avago Technologies and Skyworks Solutions losing the most. Peter Cardillo, chief market economist at Avalon Partners, a New York brokerage, said the market's fall was driven by big investors selling some of their winnings before the first quarter closes next week. Jack Ablin, chief investment...

  • March 24- Kraft Foods Group Inc, maker of Velveeta cheese and Oscar Mayer meats, is in talks to be acquired by Brazilian private equity firm 3 G Capital, a source familiar with the matter told Reuters on Tuesday. 3 G teamed up with Warren Buffett's Berkshire Hathaway Inc to acquire Ketchup maker H.J. The Wall Street Journal first reported on the possible deal and said...

  • March 24- Private equity firm 3 G Capital is in talks to acquire Kraft Foods Group Inc, a source familiar with the matter told Reuters on Tuesday. Based on Tuesday's close at $61.32, Kraft had a market capitalization of $36.06 billion. The company had 588.13 million shares outstanding as of March 2, according to Thomson Reuters data.

  • March 24- Private equity firm 3 G Capital is in talks to acquire Kraft Foods Group Inc, Wall Street Journal reported on Tuesday, citing people familiar with the matter.

  • 3G Capital in talks to buy Kraft Foods Group: DJ Tuesday, 24 Mar 2015 | 7:05 PM ET

    The Brazilian firm has some $5 billion burning a hole in its pocket and has been searching for acquisition deals, according to the Journal.

  • NEW YORK, March 18- General Mill Inc, which owes its return to growth in the United States to its purchase of organic macaroni-and-cheese maker Annie's Inc and the popularity of its yogurt, faces a challenge with its traditional cereal brands. The trend has weighed on the performance of the most entrenched processed food makers, including General Mills, Kraft...

  • Trader binges on junk food stocks Wednesday, 18 Mar 2015 | 1:49 PM ET
    A woman walks past bags of Frito-Lay brand chips in Miami.

    Kraft, Coca-Cola and Pepsi have had a tough month, but according to one trader now is a good time to buy.

  • Early movers: FDX, GIS, ORCL, MSFT, HLF & more Wednesday, 18 Mar 2015 | 7:58 AM ET
    Traders on the floor of the New York Stock Exchange.

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

  • March 17- Kraft Foods Group Inc said on Monday it was recalling about 242,000 cases of Kraft Macaroni& Cheese dinners, due to the risk that they may contain small pieces of metal. Kraft said the latest recall applied to 7.25- ounce packs of "original" flavor of the product with "best when used by" dates of Sept. 18, 2015 through Oct. 11, 2015 with the manufacturing code "C2".

  • March 17- Kraft Foods Group Inc said it was recalling about 242,000 cases of Kraft Macaroni& Cheese Dinner, saying some boxes may contain small pieces of metal. The company said the recalls applied to 7.25 ounce packs of "original" flavor of the product with "best when used by" dates of Sept. 18, 2015 through Oct. 11, 2015 with the manufacturing code "C2."

  • Kraft recalls 6.5 million boxes of mac and cheese Tuesday, 17 Mar 2015 | 5:57 PM ET

    NEW YORK— Kraft Foods is recalling about 6.5 million boxes cases of original flavor Kraft Macaroni& Cheese because some of the boxes contain small pieces of metal. They were sold throughout the U.S., Puerto Rico, and in some countries in the Caribbean and South America. Kraft Foods Group Inc. said Tuesday it is aware of eight incidents of consumers finding metal in...