Beginning with just cheese, Kraft has crafted ludicrous amounts of labels under its names: A1, frozen California Pizza Kitchen, Boca, and way too many others to list. This Chicago-based company lost $3,000 and a horse (seriously) its first year of business. Now it's pulling in over $37 billion dollars annually.
i love kraft foods, and my dad works there, but right now the stock is down, which is costing me money. the good news is that the price is pretty cheap right now, so buying shares shouldn't be an issue. if the stock was up, i'd be in pretty good shape right now
I thought them actually winning this chocolate standoff would raise the stock, but it didn't. However, it didn't so I don't suggest buying this stock.
Kraft (KFT) had made two offers to buy the candy company Cadbury (CBY) which were rejected. Now, Kraft has less than a month to write a proposal to Cadbury shareholders offering cash in exchange for shares. By going directly to Cadbury's shareholders, Kraft is effectively going around Cadbury's board and executives in an effort to get a better price. Right now, Cadbury reported that the quarterly profits were up, so Kraft could have some trouble acquiring those shares. Who do you think will win this chocolaty standoff?
Cheese rocks.
My favorite food.- about 1 month ago
very true....- 9 months ago
Current price per share
Today's gain: $-0.03 (-0.09%)
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