By David Jones and Brad Dorfman

Shares of British chocolate maker Cadbury rose back above 800 pence for the first time in almost a month on hopes Hershey and Ferrero would mount a bid to rival that of U.S. food giant Kraft.

Chocolate makers Hershey and Ferrero International SA confirmed  they are considering a possible offer for Cadbury, which is already the target of a hostile bid by Kraft Foods Inc.

Hedge fund billionaire John Paulson raised his firm's stake in Cadbury on Wednesday and now holds 2.54 percent of the British confectioner, the subject of a hostile bid by U.S. food group Kraft.

In her biggest gambit yet for Kraft Foods, Irene Rosenfeld just won't blink. Rosenfeld took her offer for British chocolatier Cadbury hostile on Monday, submitting to its shareholders a $16.4 billion cash and stock bid rejected as "derisory" by the company's leadership.

When you have an initial bid rejected as derisory it is probably not a good idea to come back with a lower offer expecting a big change of heart from your prey.

Kraft Foods turned hostile in its bid for Cadbury on Monday, making a formal but unchanged takeover offer; the British chocolate maker's board rejected the bid saying it was "derisory."

As CEO and primary shareholder of Berkshire Hathaway (BRK), Warren Buffett, the world's most famous investor, has developed a well-known reputation of buying big stakes in companies he believes in. When Buffett buys shares of a company for BRK, the markets translate his moves as a vote of confidence for a firm's continued success. Although Berkshire Hathaway's holdings change, the company's most recent SEC filings* reveal where the Oracle of Omaha is most heavily invested. Here are the 15 publicly traded stocks, by value, that are the biggest holdings of Berkshire Hathaway.

Kraft Foods said it would not overpay for British chocolatier Cadbury on Tuesday after disappointing investors by posting weaker-than-expected quarterly revenue and cutting its
full-year sales forecast.

The Smart Choices nutrition labeling program, created voluntarily by nine large U.S. manufacturers, is halting after federal regulators said such systems could mislead consumers, officials with the labeling group said Friday.

The "Smart Choices" food labeling program created by U.S. manufacturers is being voluntarily halted after federal regulators said it could be misleading to consumers.

Three new stories may offer hope for the class warfare that has run roughshod over our national psyche of late: a Cadbury descendant called Kraft that "American plastic cheese company", Michael Moore's "Capitalism" movie flopped, and the Louvre is opening a McDonald's.

Britain's leading union said it remained concerned about potential large scale job losses at candy maker Cadbury PLC if it is taken over by Kraft Foods Inc. after the U.S. company failed to make firm commitments on local production in talks Wednesday.

The corner office is getting a bit more bullish about the economy. While investors have been bidding up shares in the stock market for months, many chief executives and boards had privately remained skittish about their own businesses until recently.