Kraft Blames High Dairy Prices for Lower Profit
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CHICAGO  â Kraft Foods, the food and beverage maker, said Wednesday that its fourth-quarter profit fell 6 percent, weighed down by record-high dairy prices.
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Clorox Co  on Monday posted lower quarterly profit, hurt by rising costs for raw materials used in such products as its Glad plastic storage bags and Hidden Valley salad dressings.
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Starbucks Corp.'s  chief financial officer said on Thursday that the high end of the coffee company's 2007 earnings per share view will be "very challenging" due to current market conditions, including higher dairy costs.
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Del Monte Foods Co. , maker of Meow Mix cat food, StarKist tuna and its own canned fruits, on Thursday posted a drop in quarterly profit, hit by higher costs for some items and lower seafood sales volume.
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Campbell Soup Co  posted lower  quarterly profit on Friday, hurt by higher commodity costs and  promotional spending.
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Kraft Foods Inc. KFT.N on Tuesday  posted a 28 percent drop in quarterly profit, weighed down by  restructuring and higher costs for cheese, coffee and other  commodities.
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Ketchup maker H.J. Heinz Co.  on  Thursday posted lower quarterly profit, hurt by a higher tax  rate.
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Kraft Foods Inc. unveiled a four-part plan on Tuesday that calls for making its products more enticing to consumers, and cutting costs as it tries to boost lagging sales and profits.
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Kraft Foods Inc. KFT.N on Tuesday  posted a 28 percent drop in quarterly profit, weighed down by  restructuring and higher costs for commodities like cheese and  coffee.
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Dean Foods Co  reported lower-than-expected fourth-quarter profit and said it was uncertain about raw milk costs in 2008, sending its shares down as much as 8.5 percent.
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Fruit and vegetable distributor Fresh Del Monte Produce Inc. on Tuesday said high commodity costs, bad weather and weak banana pricing in Asia drove third-quarter profit below year-ago results.
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Cincinnati - The Kroger Co., owner of King Soopers and City Markets stores in Colorado and one of the nation&#39;s largest operators of supermarkets, reported today that its second-quarter earnings fell almost $50 million from a year ago, hurt by debt charges
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Higher raw material costs and lower ice  cream sales in Europe ate into Nestle's NESN.VX first-half  results, sending shares in the world's largest food group down  over five percent on Wednesday amid concerns about its  long-term profitability.
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ConAgra Foods Inc. CAG.N on Wednesday  posted lower quarterly profit due to higher ingredient costs  and the sale of its chicken and agricultural products  businesses.
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Starbucks Corp.'s  chief financial officer said on Thursday the high end of the coffee shop chain's 2007 earnings forecast will be "very challenging" due to current market conditions, including higher dairy costs.
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Kraft Foods Inc  said on Friday it raised list prices on its roast and ground Maxwell House and Yuban coffees, citing higher green-coffee prices.
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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.