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Kraft Foods

A collection of news and information related to Kraft Foods published by this site and its partners.

Top Kraft Foods Articles

Displaying items 1-11
  • Innovation a tricky endeavor for Heinz, Kraft

    PITTSBURGH The presentation that Kraft Foods Group executives made at an analysts' gathering in February 2013 was blunt. The Illinois food giant, the slides said, had been among the "worst" consumer packaged goods company for investing in new products....
  • Kraft macaroni & cheese going without preservatives, synthetic colors

    Kraft macaroni & cheese going without preservatives, synthetic colors
    Kraft Foods Group is removing artificial preservatives and synthetic colors from its iconic macaroni and cheese, its latest step to appeal to diners seeking simpler fare. The change, which Kraft plans to announce this month and implement beginning in...
  • Kraft tops 1Q profit forecasts

    Kraft Foods Group Inc. (KRFT) on Tuesday reported first-quarter earnings of $429 million. The Northfield, Illinois-based company said it had net income of 72 cents per share. Earnings, adjusted for costs related to mergers and acquisitions, were 86 cents...
  • Kraft first-quarter profit falls more than 16 percent

    Kraft first-quarter profit falls more than 16 percent
    Kraft Foods Group’s first-quarter profit fell more than 16 percent on flat sales as it waits to be acquired by H.J. Heinz. Heinz announced its plan to buy Kraft on March 25, a move that would give the ketchup maker the chance to grow its list of...
  • Celia Rivenbark: 'Food Babe' crusade steps on foods to dye for

    You just know that Vani Hari, the popular blogger and self-proclaimed "Food Babe," was the whiny kid in her elementary school cafeteria. Chocolate milk? Who needs that? Drink your watery skim and be happy. I picture her skipping from table to table...
  • Small-town watchdogs search for misconduct, misspending

    Small-town watchdogs search for misconduct, misspending
    They are the muckrakers of the farm fields, bloodhounds for small-town waste and corruption, self-appointed guardians of taxpayer money who comb through the books of municipal governments all across Illinois in search of misconduct and misspending. Kirk...
  • Why famous brands weren't enough to save Kraft

    Why famous brands weren't enough to save Kraft
    While we're on the subject of iconic brands hatched in our backyard: Say goodbye to Kraft Foods, soon to be subsumed by Heinz and its Brazilian owners in a deal valued at about $36 billion. If you're looking to figure out why a once-mighty Chicago-area...
  • U.S. agency charges Kraft, Mondelez with wheat price rigging

    U.S. agency charges Kraft, Mondelez with wheat price rigging
    Federal regulators have charged two major U.S. food companies, Kraft and Mondelez, with manipulating prices for wheat and wheat futures in a scheme that reaped more than $5.4 million in profit. The Commodity Futures Trading Commission announced the...
  • Justin Fox: Kraft about to get much leaner

    It is nothing new for Kraft Foods Group to undergo an ownership change. Since 1980, the company -- which got its start in 1903 when James Lewis Kraft rented a horse and wagon to bring cheese from wholesalers to small stores in Chicago -- has been going...
  • Justin Fox: Kraft was global, then it wasn't. Now it tries again

    Justin Fox: Kraft was global, then it wasn't. Now it tries again
    As you may have heard, those smart people at 3G Capital have this really brilliant idea for jump-starting growth at Kraft, part of what henceforth will be called Kraft Heinz (but should be called Heinzkraft): globalization! Kraft gets 98 percent of its...
  • Heinz's appetite grows with deal to acquire Kraft

    Heinz's appetite grows with deal to acquire Kraft
    H.J. Heinz is buying Kraft Foods in a deal that gives Kraft the chance to bring its iconic American foods to international markets while boosting Heinz's sales in the U.S. The acquisition, announced Wednesday with backing from Heinz owners Berkshire...