Kraft Foods Inc (KFT)
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 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?
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?
i really like krafts food!!! but im not really likeing it at the moment! its down alot, and this might also be another company i might not hold on any lonnger...
i hope it goes up soon so i can get out with out loosing much. it was seriously a bad idea from the start...oh well you learn from your mistakes.
Members who own this company also own
Current price per share
Today's gain: $0.10 (0.34%)
