The company's net revenue fell 16.8 percent to $6.46B in the three months, while analysts on average were expecting a fall to $6.42B. » Read More
While Kraft Foods will be joining the Dow Industrials on Monday, in a way, it's not the first time it has been a part of the Dow.
Kraft Foods is going into the Dow Jones Industrial Average this coming Monday to replace AIG, the insurer that's been taken over by the federal government. Warren Buffett's Berkshire Hathaway is Kraft's biggest stakeholder with about 138 million shares, worth over $4 billion. That's a stake of over 9 percent.
Are you tempted to buy into this market's weakness? Trade carefully!
If the rule of endorsements includes staying away from the cover of Madden to avoid the jinx, it should now include getting paid to dunk (or should I say lick?) an Oreo.
Economic worries are still hanging over the market, and CNBC went straight to the top to get some answers.
Warren Buffett's Berkshire Hathaway has added a new stake in NRG Energy, according to a just-released portfolio 'snapshot' of its holdings in U.S. publicly-traded stocks as of June 30. A sharply reduced stake in Anheuser-Busch may have been a bet that InBev's initially unsolicited offer for the U.S. brewer would prove to be unsuccessful. Conoco-Phillips data is kept "confidential."
Warren Buffett's Berkshire Hathaway is expected to file its quarterly portfolio snapshot with the SEC later today (Thursday.) The report of Berkshire's publicly-traded U.S. stock holdings as of June 30 should give us some clues on whether Buffett took advantage of price declines to add to his holdings.
The interview with Google's CEO kept going even though the show was over. Find out what he had to say about taking market share overseas, improving advertising and pitching a marketing plan to Procter & Gamble.
Where are the market leaders now? Eugene Peroni of Advisors Asset Management and Peter Andersen of Congress Asset Management gave CNBC their insights -- and a few favorite stocks.
Berkshire Hathaway's second quarter earnings release shows operating profits are down as the insurance industry suffers. Berkshire's long-term potential profits from the stocks it holds are down even more as Wall Street struggled in the first half of the year.
Following are the week’s biggest winners and losers. Find out why shares of Kraft and Sunoco popped while NYSE Euronext and Mastercard dropped.
Outdoor advertising is a growing category — not just billboards, but increasingly, weird publicity stunts that often go awry, The New York Times reports.
Stocks declined Monday, led by financials after two more banks folded. Oil ticked higher after three straight weeks of decline, clipping consumer-discretionary stocks, including homebuilders, airlines and retailers.
Stocks declined Monday, led by financials after two more banks folded. Oil ticked higher after three straight weeks of decline.
Stocks were mixed Monday as banks rallied and oil gained more than $1 a barrel.
Kraft Foods posted higher-than-expected quarterly profit Monday as price increases and gains on hedging positions offset rising costs for energy and commodities like wheat.
An analyst predicts that gold will head into a bull market, and Washington Mutual increases its liquidity position. The following are today's top videos:
After watching its bigger rival McDonald's try to woo mothers and grab a share of the family budget, Burger King is launching a new marketing and promotional campaign targeted to moms.
By anyone's reckoning, it was a rough week. Crude oil continued its relentless climb; banks and brokerages gave hints of more discouraging news; government data pointed to a weak economy; even strong companies like Nike, Oracle, and Research In Motion issued cautious guidance; and Federal Reserve policymakers, widely perceived as powerless to help, left interest rates unchanged. But all week, even through the worst of the market's sell-offs, CNBC guests offered
Cramer makes the call on viewers' favorite stocks.