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Stock Market & Financial Investment News

News Breaks
June 7, 2014
16:08 EDTKRFT, SJMKraft raises prices on its coffee brands approximately 10%, WSJ says
Kraft Foods (KRFT) has raised the prices on Maxwell House and Yuban brands approximately 10%, says the Wall Street Journal. J.M. Smucker (SJM) raised its prices on Folgers and Dunkin' Donuts brands earlier this week, added the Wall Street Journal. Reference Link
News For KRFT;SJM From The Last 14 Days
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October 17, 2014
17:16 EDTSJMJ.M. Smucker authorizes 5M additional share repurchases
The Board increased the company's share repurchase authorization by 5M common shares. Therefore, the company has a total of approximately 10M common shares available for repurchase under its Board authorizations. Future share repurchases will occur at management's discretion, and there is no guarantee as to the exact number of shares that will be repurchased.
October 7, 2014
16:05 EDTKRFTKraft Foods raises quarterly dividend to 55c from 52.5c per share
This dividend is payable on Oct. 31 to shareholders of record as of Oct. 17.

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