Kraft aims to increase sales, reinvest, cut costs
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Kraft Foods Inc.  said on Tuesday it plans to invest $300 million to $400 million on marketing, research and development and other plans this year as it works to boost lagging sales and profits.
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Higher cigarette prices and increased sales of cigarettes overseas helped edge profit higher, while earnings tumbled at the Kraft Foods unit it plans to spin off.
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NEW YORK, November 5  - Altria Group Inc (MO.NYS), the parent company of Kraft Foods (KFT) and the world&#39;s largest cigarette maker Phillip Morris, is planning a possible split-up of its businesses into three separate units.
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Hershey Foods will be raising the price for many of its confectionery products.
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Leading supermarket chain lays out road map for the future.
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Before the Patriots put the finishing touches on Adalius Thomas's blockbuster contract last weekend, team chairman and CEO Robert Kraft figured it would be a good idea to meet the player in whom he was investing such riches.
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MIAMI -- After three Super Bowl titles in four seasons, it's hard for anyone in the New England Patriots organization to regard a season without an opportunity to play for the Lombardi Trophy as a success. But owner Robert Kraft , who for the second straight year is among the 30 NFL owners without a vested interest in the big ...
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HP CEO wants more cuts to increase profitability and grow the company.
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CHICAGO -- Shares of Kraft Foods Inc. fell Tuesday as the company's CEO announced a new phase of the company's turnaround plan that she hopes will help the world's second-largest food and beverage maker revive its slumping sales.
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It offers higher expectations for the new fiscal year and a plan for growth and continued brand reinvention.
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RICHMOND, VIRGINIA  - U.S. meat company Smithfield   Foods Inc. SFD.N would be interested in the Oscar Mayer meat   unit of Kraft Foods Inc. if it became available, but the price   may be too high, a top Smithfield executive told Reuters on   Wednesday.
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The company said the cuts are part of a move to consolidate three regional divisions and decentralize buying in an effort to reduce costs and lift sales.
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The leading deep discounter posts increasing sales fueled by greater markdowns.
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The department store chain is gaining momentum going into the holiday season.
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NEW YORK - Coca-Cola Co. will refocus its attention on staunching a sales slump, as well as restructuring a profit-sharing arrangement with Coca-Cola Enterprises Inc.
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Altria and Kraft give investors a bigger cut of their cash.
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Looking to extend more of its marketing might from gum to candy, Wm. Wrigley Jr. announced Monday it has agreed to buy Life Savers and Altoids from Kraft Foods in a $1.