Thursday, August 4, 2011

Kraft ($KFT) to divide into two separate companies

Kraft sees 2011 op. earnings of at least $2.25
Kraft: 2011 organic net rev. growth at least 5%
Kraft lifts 2011 outlook
Kraft Q2 earnings 55C vs 53C
Kraft Q2 revenue $13.88B vs $12.25B
Kraft sets global snacks, grocery as its two units
Kraft to divide into two separate companies

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