A renaissance in the mergers and acquisitions space is pointing to a boom that is likely to continue.» Read More
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.
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...
Kraft, Coca-Cola and Pepsi have had a tough month, but according to one trader now is a good time to buy.
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."
March 17- Kraft Foods Group Inc said it is recalling about 242,000 cases of Kraft Macaroni& Cheese Dinner, saying some boxes may contain small pieces of metal. The company said the recalls apply to some of the the "original" flavor packs of the product that have the "best when used by" dates of Sept. 18, 2015 through Oct. 11, 2015 with the code "C2" on each box.
Kraft foods on Tuesday said it would recall some 242,000 boxes of its macaroni & cheese dinners because they could contain pieces of metal.
Could Mondelez soon bounce from its five-month lows?
The "Fast Money" traders give their final trades of the day.
The old-line tech firms, along with Apple, are minting bigger dividends for investors.
Target's CEO said the company will cut several thousand jobs within the next two years as part of a $2 billion cost-savings plan.
March 2- Target Corp has zeroed in on seven grocery categories, including granola, yogurt and craft beer, to attract younger shoppers, urban dwellers, and Hispanics, the Wall Street Journal reported, citing people familiar with the matter. The changes would mean less shelf space for packaged food companies like Campbell Soup Co, General Mills Inc and Kraft Foods...
Feb 26- Dunkin' Brands Group Inc said on Thursday that its Dunkin' K-Cups will be available online and across retail stores in North America, a move that expands the doughnut chain's brand in the single-serve coffee market amid growing competition. Dunkin' K-Cups are available at present only in Dunkin' Donuts restaurants in the United States.
The House has begun hearings on the U.S. food stamp program. They'll be watched closely by more than just the hungry.
Betting on consumer stocks
Brian Sullivan's newest "New Ideas" column looks at the stealth rally in stocks and why the outlook is so tasty for food stocks.
Feb 17- Citigroup Inc said it had appointed emerging markets economist Peter Blair Henry as an independent director. Henry is the dean of New York University's Stern School of Business, the bank said in a statement. Henry, who is also on the board of Kraft Foods Group Inc, joined NYU in 2010 from the Stanford University Graduate School of Business.
Feb 13- J.M. Smucker Co said it expected its coffee business to get back on track later this year as bean prices stabilize and the company introduces smaller Folgers cans to win back customers it lost after raising prices. The company expects a modest decrease in net sales in the fourth quarter ending April as demand for its coffee products is likely to stay low due...