|
February 9, 2010
|
| 12:48 EDT |  | KFT |
|
| 07:31 EDT | | KFT |
|
| 07:02 EDT |  | KFT |
| theflyonthewall.com: | On The Fly: Periodicals Wrap-Up | | WALL STREET JOURNAL: The government of Ghana blocked the estimated $4B sale of a stake in a huge oil field, foiling months of talks between potential buyer Exxon Mobil (XOM) and the stake's owner, Kosmos Energy LLC, reports the Wall Street Journal...Casino operator MGM Mirage (MGM) is hoping to settle questions raised by New Jersey regulators over its ties to a Chinese casino family by putting its stake in an Atlantic City casino into a trust, reports the Wall Street Journal...ASSOCIATED PRESS: Japan Airlines (JALSY) will keep its alliance with American Airlines (AMR), despite being wooed for months by Delta Air Lines (DAL) with promises of a broad global network, the Associated Press reports...U.K. TIMES: Nearly 400 Cadbury (CBY) workers are slated to lose their jobs, despite promises from new owner Kraft (KFT) that it "would be in a position to continue to operate" the factory, reports the U.K. Times. :theflyonthewall.com |
|
| 06:09 EDT | | KFT |
| theflyonthewall.com: | Hundreds of Cadbury workers to lose jobs, U.K. Times reports | | Nearly 400 Cadbury (CBY) workers are slated to lose their jobs, despite promises from new owner Kraft (KFT) that it "would be in a position to continue to operate" the factory. The Somerdale plant at Keynsham may remain open, but with a skeleton staff, according to the U.K. Times. Most of the 400 staff are expected to leave between March and June. Reference Link :theflyonthewall.com |
|
|
February 8, 2010
|
| 08:50 EDT | | KFT |
| theflyonthewall.com: | Kraft is Ackman's most significant new idea, CNBC reports | | Bill Ackman of Pershing Square, holds about 33M shares of Kraft (KFT) or 2% of the company which is the fund’s single largest investment. He told investors at a conference that the stock was his most significant new idea because the acquisition of Cadbury (KFT) is a transformational transaction for the company, CNBC reports. Reference Link :theflyonthewall.com |
|
|
February 5, 2010
|
| 06:21 EDT | | KFT |
|
|
February 4, 2010
|
| 06:56 EDT | | KFT |
|
|
February 3, 2010
|
| 10:58 EDT | | KFT |
|
| 10:43 EDT | | KFT |
|
| 09:00 EDT |  | KFT |
|
| 08:24 EDT | | KFT |
| theflyonthewall.com: | Kraft Foods corporate credit rating lowered by S&P | | Standard & Poor's lowered its corporate credit rating on Kraft Foods to 'BBB' from 'A-' and removed all ratings on the company from CreditWatch. "Kraft's downgrade reflects our expectation for the likely completion of its acquisition of Cadbury for GBP11.9 billion (about $19.5 billion), with 60% cash and 40% equity components," said Standard & Poor's credit analyst Alison Sullivan. "We believe the substantial incremental debt that would be added to Kraft's balance sheet to fund the proposed transaction will weaken key credit metrics below our prior expectations at the current rating level." :theflyonthewall.com |
|
| 07:31 EDT |  | KFT |
|
| 06:49 EDT |  | KFT |
|
|
February 2, 2010
|
| 11:53 EDT | | KFT |
|
|
February 1, 2010
|
| 09:07 EDT | | KFT |
|
|
January 29, 2010
|
| 08:24 EDT | | KFT |
| theflyonthewall.com: | Kraft-Cadbury holds promise, but India a tough market to crack, rediff.com says |
 Subscribe for More Information :theflyonthewall.com |
|
|
January 28, 2010
|
| 09:00 EDT | | KFT |
|
| 07:11 EDT | | KFT |
|
|
January 27, 2010
|
| 08:00 EDT | | KFT |
| theflyonthewall.com: | Kraft Foods upgraded at Stifel Nicolaus | | As reported previously, Stifel upgraded Kraft to Buy from Neutral. The firm cites discounted valuation and potential sales growth for the upgrade. Target $33. :theflyonthewall.com |
|
| 07:40 EDT | | KFT |
|
| 06:25 EDT | | KFT |
| theflyonthewall.com: | Cadbury workers, union mount protest of Kraft deal, Times Online reports | | Cadbury (CBY) workers and members of the public opposed to the Kraft Foods (KFT) takeover are meeting in the U.K. this morning in protest of the deal, the U.K.'s Times Online reports. Unite, the union, says that Kraft must give assurances that the interests of the workforce will not be swept aside in the deal, and that the quality of much-loved products will be safeguarded. The union has warned that the takeover could lead to heavy job losses in the UK and Ireland. Last week, Unite wrote to Cadbury’s shareholders, urging them to reject the GBP11.9B offer from Kraft. Investors have until February 2 to accept the offer. Reference Link :theflyonthewall.com |
|
| 05:47 EDT | | KFT |
|
|
January 26, 2010
|
| 11:03 EDT | | KFT |
|
| 10:32 EDT |  | KFT |
| theflyonthewall.com: | Kraft Foods to host special shareholder meeting | | Special shareholder meeting to be held on February 1 at 10 am. :theflyonthewall.com |
|
| 10:32 EDT | | KFT |
|
| 09:27 EDT |  | KFT |
|
