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KFT
Kraft Foods Inc.

5/24/2012, 2:34 PM ET
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  • Wednesday 12:21 PM Mondelez it is after Kraft (KFT -0.5%) shareholders vote to approve the new name for the company's global snack business by a resounding margin. Brands that will run under the Mondelez umbrella will include Fig Newton, Oreo, Cadbury, and Trident after the split of the company into two parts becomes official. [Consumer]
  • Monday 2:22 PM Kraft (KFT +0.1%) shareholders get to vote on Wednesday on whether they wish to approve "Mondelez" as the new name for the firm's global snack business after it has been at the receiving end of a number of jokes ever since the proposed name change was announced in March. The company wants to use the name to better represent its global market as it brings Oreos, Fig Newtons, and Cadbury products to new locales. [Consumer]
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Company Description

Kraft Foods is the world’s second largest food company, with revenues of $40.4 billion and earnings from continuing operations before income taxes of $4.3 billion in 2009. Kraft Foods was incorporated in 2000 in the Commonwealth of Virginia. We have approximately 97,000 employees worldwide, and... More