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Stock Market & Financial Investment News

News Breaks
February 1, 2013
12:33 EDTKRFT, CBRL, SFDCracker Barrel sued by Kraft over product sales, Reuters reports
Cracker Barrel (CBRL) is being sued by Kraft (KRFT) over its decision to start selling certain Cracker Barrel-branded products outside out of its restaurants and stores, Reuters reports. Kraft wants Cracker Barrel's license agreement with the John Morrell Food Group, part of Smithfield Foods (SFD), to be declared void as it violates its rights to the Cracker Barrel brand. Reference Link
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August 29, 2014
13:02 EDTKRFTKraft Foods recalls select varieties of regular Kraft American Singles
Kraft Foods Group is voluntarily recalling 7,691 cases of select varieties of regular Kraft American Singles Pasteurized Prepared Cheese Product. A supplier did not store an ingredient used in this product in accordance with Kraft's temperature standards. While unlikely, this could create conditions that could lead to premature spoilage and/or food borne illness, therefore, the company is issuing the recall as a precaution. Kraft has had no consumer illness complaints for this product associated with this recall. The affected product is limited to four varieties with "Best When Used By" dates of February 20, 2015, and February 21, 2015. The affected product was shipped to customers across the U.S. It was not distributed outside of the U.S. The affected product was produced at Kraft's Springfield, Missouri manufacturing facility.
August 26, 2014
07:00 EDTKRFTKeurig Kraft deal to provide market share boost, says William Blair
William Blair believes that Keurig Green Mountain's (GMCR) licensing deal with Kraft (KRFT) is an important step in Keurig's efforts to recapture unlicensed share. Following Keurig's decision to raise its portion pack prices by 9%, the firm thinks that the conversion of formerly unlicensed players likely enhances the ability of Keurig to implement price increases. William Blair keeps an Outperform rating on the stock.
August 22, 2014
16:20 EDTKRFTOn The Fly: Closing Wrap
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12:57 EDTKRFTKeurig Green Mountain surges after inking deal with Kraft
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12:20 EDTKRFTOn The Fly: Midday Wrap
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10:43 EDTKRFTKeurig Green Mountain volatility low, shares up on Kraft licensing agreement
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09:01 EDTKRFTKeurig Green Mountain, Kraft Foods announce licensing agreement
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August 19, 2014
11:00 EDTKRFTMcDonald's to unveil retail coffee initiative, Huffington Post says
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