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In August 2011, Kraft Foods announced plans to split into two publicly traded companies—a snack food company and a grocery company. On September 10, 2010, a disgruntled employee angered over a recent suspension, Yvonne Hiller, opened fire inside the Philadelphia Factory where she had worked for 15 years.
In August 2011, Kraft Foods Inc. announced plans to split into two publicly traded companies — a snack food company and a grocery company. On April 2, 2012, Kraft Foods Inc. announced that it had filed a Form 10 Registration Statement to the SEC to split the company into two companies to serve the "North American grocery business".
Taking into account integration costs, the acquisition reduced Kraft's earnings per share by about 33% immediately after the Cadbury purchase. Creation of Mondelēz International. In August 2011, Kraft Foods announced plans to split into two publicly traded companies, an international snack-food company and a North American grocery company.
With Kraft providing extra color about its much-anticipated split into two companies, investors are wondering which of the two they should buy. Without having any more guidance than whispers and ...
Apparently Kraft picked up a few moves from its former parent, as the company has recently announced its intention to split into two companies, one focusing on North American groceries, and the ...
The following video is part of our "Motley Fool Conversations" series, in which consumer goods editor and analyst Austin Smith and technology editor/analyst Andrew Tonner discuss topics across the ...
Kraft Foods was the fourth component of the Nasdaq-100 to also be included in the Dow Jones Industrial Average, joining Cisco Systems, Intel, and Microsoft, but was removed from the DJIA when it subsequently split into two companies.
In the past few years, two events changed all that: first, the regulatory ban placed on Boeing's 737 Max, the company's star aircraft, following two fatal crashes in 2018 and 2019.