Kraft Heinz KHC (former Kraft Foods)

Re: Kraft Foods KFT

Postby kazataza » Thu Sep 18, 2008 10:12 pm

Kraft Foods to replace AIG on Dow Jones Industrial Average

9:29 AM ET 9/18/08 | Marketwatch

NEW YORK (MarketWatch) -- Kraft Foods Inc. will replace troubled insurance giant American International Group Inc. on the Dow Jones Industrial Average , effective Monday, Dow Jones & Co. announced Thursday. Dow refrained from adding another stock in the financial sector because of "the extremely unsettled conditions," the company said in a release. The 112-year-old blue-chip stock index was previously changed on Feb. 19, 2008, when two of its 30 components were replaced.
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Re: Kraft Foods KFT

Postby LenaHuat » Thu Sep 18, 2008 10:30 pm

So when DOW recovers, we've got to remember that Fannie Mae, Freddie Mac and now AIG are gone.
Please be forewarned that you are reading a post by an otiose housewife. ImageImage**Image**Image@@ImageImageImage
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Re: Kraft Foods (KFT)

Postby helios » Sun Sep 28, 2008 10:05 am

BRAND STRATEGY: Kraft-ing the Road Ahead

In today’s challenging business environment, a “back-to-basics” approach and brand reinforcement will be key areas of focus, Kraft tells Asia Food Journal.


AFJ: Kraft recently launched Carte Noire in Singapore, your premium coffee label in France. What does this say about consumption trends in East Asia?

The total coffee market in Asia is showing exciting growth. The market in South-east Asia has seen double digit value growth over the last few years. The much larger North Asian markets such as Japan and Korea also demonstrate that long term signifi cant further growth is likely to come. The trend is both out of home (stimulated by coffee shops such as Starbucks) and with a positive knock-on effect to home consumption.

Consumers in Singapore continue to be exposed to higher quality coffees. In Singapore, our recent launch of Carte Noire, France’s leading brand of coffee, gives consumers another choice of coffee they can brew at home.

AFJ: This is expected to be the year of runaway raw material costs. What sort of strategies will Kraft adopt to cope with this?

Rising commodity costs remain a challenge but are not unique to us. Our strategies are on building brands, accelerating innovation and making investments pay off. We’re also taking price increases as appropriate.

We’ve adopted a “back to basics” strategy which focuses and builds on what’s working. What’s working is our investments in product quality, marketing and innovation on our key brands that lead to better price realization.

AFJ: Elaborate what brand building and “back-to-basics” mean for Kraft.

We’ve leveraged on what’s working in a variety of different ways. One example is to take a global concept and connect it locally with consumers. For example, we took Oreo, our best-selling cookie in the US, and made it less sweet to fi t consumers in China. We then turned it into wafers and rolls to further connect with the way they consume their snacks. Oreo is now the no.1 biscuit brand in China and China is the no.2 Oreo market in the world after the US.

AFJ: Besides costs, sustainability and consumer’s changing needs are some today's foremost trends. How does Kraft’s product innovation reflect its strategy in different markets?

Our consumers, customers and stakeholders have evolving needs and concerns. Listening and responding to them is key to helping our business grow. In the area of health and wellness, we have been introducing new products and improving existing ones to respond to different health and wellness concerns. In Asia, consumers are concerned about getting enough vitamins and minerals, and we respond by providing products that meet these needs. Our Tang Fruitrition, for example, is fortified with vitamins A, B, C and calcium.

In the US, where there is a growing obesity concern, we introduced and are expanding Sensible Solution products that include 100-calorie snacks (such as cookies and crackers, bars, puddings) to help people eat less with smaller portions, LiveActive cheese which promotes digestive health, and South Beach Living meals and snacks that are better-for-you products that also taste great.

In the area of sustainability, we have identified many areas that can most benefit our business as well as the environment, the local community and other stakeholders. For example, we are redesigning the baking process of our biscuits to reduce energy consumption and associated input costs. This will not only reduce costs but also enhance our brand reputation. Our consumer research tells us that consumers care about energy and recognize its relationship to the environment.

AFJ: What are some of the specialized needs and dietary trends in Asia and how is Kraft responding to this?

We respond to the different health and wellness concerns of consumers all around the world by introducing new products and improving existing ones. For Asia, in addition to our fortified Tang Fruitrition, we have other fortified products such as Eden cheese with vitamins A, B, iron, iodine and calcium. Our Kraft Singles cheeses are also enriched with vitamin D and calcium.

At the end of the day, Kraft wants to sustain and enhance the growth of our business in a responsible way. This will serve to benefit our consumers, customers, the community where we live and work, the environment and other stakeholders. Equally important, this “doing well by doing good” approach makes good business sense in the long term.

AFJ: Kraft is planning to sell cheese produced from cows that are not treated with the synthetic hormone recombinant bovine somatotropin, also known as rBST or rBGH. How does this align with your overall approach in a consumer driven market?

In the US, we plan to produce our reduced-fat cheeses—Kraft’s natural cheese made with two-percent milk and Kraft’s two-percent milk singles—using milk from cows not treated with rBST, also referred to as rBGH. This is part of our growth strategy to continue to ensure that our brands are relevant to our consumers.

It is important to note that natural and organic food is part of the diverse portfolio we provide to consumers around the world. The consumer is our ultimate boss and they have diverse tastes and wants. With Kraft Foods being one of the largest food and beverage companies in the world, we need to understand such varied consumer preferences. Our portfolio is well positioned to meet those needs, from snacks and the desire for premium foods, to convenience and health and wellness.

Source: AsiaFoodJournal
Dated: 1 May 2008
[Finance disclaimer: The content of this article is intended to provide a general guide to the subject matter. Specialist advice should be sought regarding investing of any stocks/ funds and/or whatsoever. The author has no vested interest in the mentioned stock at the time of writing.
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Re: Kraft Foods (KFT)

Postby helios » Mon Sep 07, 2009 11:19 pm

Sept. 7 (Bloomberg) -- Kraft Foods Inc., the second-largest food company, said it will pursue a takeover of Cadbury Plc after the British maker of Trident gum and Dairy Milk chocolate rejected a 10.2 billion-pound ($16.7 billion) bid.

Cadbury shares soared as much as 42 percent, pushing its market value above the bid price. Kraft’s 745 pence-a-share proposal may trigger rival offers from Nestle SA and Hershey Co., forcing Kraft to raise its bid, analysts said.

Kraft, the maker of Oreo cookies and Kool-Aid drinks, said today that buying the U.K. company would create a “global powerhouse” with annual revenue of about $50 billion. Evolution Securities analyst Warren Ackerman estimated that Cadbury may be worth as much as 1,200 pence a share.

Kraft’s bid “might seem attractive, but we think Cadbury can get much more,” said Andrew Wood, an analyst at Sanford C. Bernstein in New York with an “outperform” rating on Cadbury shares. “It makes perfect sense for Kraft to acquire Cadbury.”


Source: Bloomberg.com
[Finance disclaimer: The content of this article is intended to provide a general guide to the subject matter. Specialist advice should be sought regarding investing of any stocks/ funds and/or whatsoever. The author has no vested interest in the mentioned stock at the time of writing.
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Re: Kraft Foods (KFT)

Postby sidney » Tue Sep 08, 2009 12:01 am

Personal point of view. I dislike cabury choco.
Tempered.
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Re: Kraft Foods (KFT)

Postby Aspellian » Tue Sep 08, 2009 9:41 am

Cadbury playing hard to get in this courtship with Kraft!!
Chocolates always makes the heart flutters! Even cheesy hearts cannot resist! :lol:

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Re: Kraft Foods (KFT)

Postby helios » Tue Sep 08, 2009 12:36 pm

Sept. 8 (Bloomberg) -- Kraft Foods Inc.’s $16.7 billion bid for Cadbury Plc signals Chairman and Chief Executive Officer Irene Rosenfeld is out to capture overseas growth.

Kraft, the world’s second-largest foodmaker, said yesterday it will pursue the takeover to create a company with $50 billion in annual revenue. Since Rosenfeld took command of Northfield, Illinois-based Kraft in June 2006, the company completed the purchase of the Iberian units of United Biscuits Group and paid $7.8 billion for Paris-based Groupe Danone SA’s biscuit unit.


Source: Bloomberg.com
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Re: Kraft Foods (KFT)

Postby kennynah » Tue Sep 08, 2009 3:08 pm

wah...at first wana buy cadbury....now wana buy danone's biscuit unit...

this woman clever in shopping hor?? wahahahaha...
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Re: Kraft Foods (KFT)

Postby helios » Wed Sep 09, 2009 10:33 pm

:arrow: deal or no deal??


Sept. 9 (Bloomberg) -- Kraft Foods Inc., the world’s second-largest foodmaker, is in talks to arrange about $8 billion of financing for its bid to buy candy maker Cadbury Plc, according to two people with knowledge of the matter.

Citigroup Inc. and Deutsche Bank AG are working on setting up debt financing to cover about half of the 9.77 billion-pound ($16 billion) offer to buy Cadbury, said the people, who declined to be identified because the talks aren’t public. The financing would consist of a bridge loan to be repaid with the proceeds of an investment-grade bond offering, one of the people said. Officials from the two banks declined to comment.

Kraft may have to sweeten its offer to woo Cadbury after the confectioner rejected the initial bid as too low, said Brian Weddington, a senior analyst at Moody’s Investors Service. A higher bid may put pressure on its long-term credit rating of Baa2, two levels above junk. Kraft has about $19 billion of bonds outstanding.


Source: Bloomberg.com
[Finance disclaimer: The content of this article is intended to provide a general guide to the subject matter. Specialist advice should be sought regarding investing of any stocks/ funds and/or whatsoever. The author has no vested interest in the mentioned stock at the time of writing.
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Re: Kraft Foods (KFT)

Postby helios » Sat Dec 05, 2009 9:16 am

US/UK: Kraft sends offer to Cadbury investors
4 December 2009


Kraft Foods has sent details of its takeover bid directly to Cadbury shareholders today (4 December) - with the US food giant's boss Irene Rosenfeld insisting the offer is in the "best interests" of both companies' investors.

The US group had until the end of Monday to send the terms and conditions of the offer to Cadbury's shareholders but chose to disclose the details of its bid - already labelled "derisory" by the Dairy Milk's board - ahead of the deadline.

Rosenfeld, Kraft's chairman and CEO, said the offer, which was first announced on 9 November, presented a "significant growth opportunity for both businesses".

Rosenfeld said: "That's why we believe this offer is in the best interest of both companies' shareholders. Our offer is fully financed, represents a substantial premium to Cadbury's unaffected share price and provides both immediate value certainty and meaningful longer-term upside potential."

Kraft has offered Cadbury shareholders 300 pence in cash and 0.2589 "new Kraft Foods shares". The Milka chocolate maker has also tabled an offer to Cadbury's ADS holders worth 1,200 pence in cash and 1.0356 new Kraft Foods shares.

Shareholders have until January 5 to respond to the offer. Cadbury's share price dipped on news of the Kraft disclosure and were down 0.37% at 797p.

Analysts have argued that Kraft needs to raise its bid to sway Cadbury's management. Andrew Wood, an analyst at Sanford Bernstein, has set a share price target at 900p a share.

Source: Just-Food: http://www.just-food.com/article.aspx?id=109061&lk=dm
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