kraft foods

A Starbucks, Peet's Coffee Tie-Up Could Be a Win-Win

The longtime coffee rivals may be discussing a merger. It could be a win for both brewers. Starbucks could provide the smaller player with a boost in the single-cup market. And Peet's, which has longstanding deals with grocery chains, could steer Starbucks to a smoother grocery distribution strategy.

How to Cope With Rising Food Costs

Food prices are on the rise, with the USDA now expecting to see increases of 3% to 4% this year. But there are some ways to minimize the damage to your grocery bill. From shopping smarter to avoiding processed foods, learn some tricks to help stretch your food budget.

Coke Takes the Fizz out of Berkshire Hathaway

Warren Buffett's Berkshire Hathaway liquidated its positions in a number of high-profile companies during the fourth quarter, but the Oracle of Omaha's huge stake in Coca-Cola has caused his portfolio to lose its fizz so far in 2011.

Starbucks to Make Announcement on Single-Serve Coffee

Starbucks (SBUX) said it will soon make a major announcement about a new product for the single-serve market. The company is preparing for the expiration of its agreement with Kraft Foods (KFT), Reuters reported. Under the terms of the agreement, which expires March 1, Starbucks provides coffee for Kraft%u2019s Tassimo one-cup home brewer.

A Quieter Week Could Keep the Rally Rolling

Last week, traders had ample opportunity to take some profits -- and yet the market kept rising. With a much quieter week on tap and a key technical hurdle overcome, stocks could very well extend their gains in the sessions ahead.

Food Prices Jumped to Record High in December

Food prices rose to a record high last month, overtaking even the levels seen during the 2007-2008 food crisis. The UN Food and Agricultural Organisation said its food price index rose to 214.7 points last month, an increase of almost 4.2% from November, according to The Financial Times. The index tracks the wholesale cost of commodities including wheat, corn and meats.

Why the Starbucks-Kraft Dispute Likely Comes Down to Instant Coffee

Since 1998, Starbucks has contracted with Kraft Foods to distribute its bagged coffee through grocery stores. In letters released to The Wall Street Journal and Reuters, Kraft fired yet another salvo in its bid to hold together this deal, which Starbucks now wants to undo.

National Retailers Go Local to Boost the Bottom Line

Knowing customers' likes and dislikes is about as basic as it gets in retailing. But for years, chain department stores got it wrong. More concerned with profits and keeping down costs, big retailers kept a tight rein on inventories and focused more on sameness. Not anymore.

Unilever Explores Earth-Friendly Alternative to Palm Oil

Cheap, versatile palm oil has long been used as an ingredient in everything from ice cream and chips to lotions and soaps. But its production causes severe environmental damage, which is why Unilever, the world's biggest buyer of palm oil, has decided to try an alternative: oil from algae.

What Buffett's Buying: A Stake in Fiserv, More J&J

Each quarter, investors and the media await the latest filing from Warren Buffett's Bekshire Hathaway to see what changes the Oracle of Omaha made to his portfolio. But why is he buying a piece of payment processor Fiserv and raising his stake in Johnson & Johnson?

Kraft Earnings Top Wall Street Estimates

Kraft Foods reported a 13% jump in second-quarter profit on improved sales in Europe and emerging markets. Kraft gained greater exposure to these markets following its $19 billion Cadbury deal.

Qlik Clicks with IPO Investors as Stock Takes Off

Upstart Qlik Technologies is trying to disrupt things in the business intelligence software world, and as proof of its success, the company pulled off a $112 million IPO Friday. Since opening trading at $10, the stock has seen a nice bounce.

A Pot Portfolio: Who Stands to Profit if Marijuana Is Legalized?

When the state of California announced that a marijuana legalization measure would be on its November ballot, the ensuing discussion covered a range of topics from medicine to morality. But few pundits brought up the biggest factor of them all: money. With a potential market of millions of pot smokers, decriminalization of marijuana could open the door to a vast, largely-untapped market for smoking paraphernalia, accessories, and other lifestyle accoutrements.

Wal-Mart Tops Fortune 500 List Again, Despite Problems

Despite the recession's impact on consumer spending, Wal-Mart reclaimed the top spot on this year's Fortune 500 list. It's an impressive feat given the recession's impact on consumer spending and the enormous mistake the company made switching to house brands from name brands last year.

Kraft's Treatment of Cadbury Sours U.K. Lawmakers

Kraft, the largest packaged-food company in the U.S., came under attack from a committee of U.K. lawmakers in a report critical of moves the American company made after its hostile $17.5 billion takeover of beloved British candymaker Cadbury. The issue: A broken promise to not close a plant.

Stocks in the News: AIG, MET, HPQ, MCD

Shares of AIG are on the move Monday after the insurer agreed to sell its Alico unit to MetLife for $15.5 billion. The deal is AIG's second major asset sale this month as it attempts to whittle down its bailout tab. Click inside to see what other news is influencing Wall Street today.

Kraft Beats on Profit, Looks to Cadbury for Growth

The numbers were mixed in Krafts quarterly earnings report: Sales declined in several key lines of business, and revenues were down, but the company used cost-cutting to more than triple its quarterly profit to $710 million. Still, it's the Cadbury purchase that will make or break Kraft's future.

Kraft Preview: All Eyes on Rosenfeld's Vision for Cadbury

Kraft Foods will soon become a $50 billion powerhouse when it completes its merger with Britian's Cadbury. And on Tuesday morning, when Kraft releases its latest earnings, the focus will be almost entirely on how CEO Irene Rosenfeld will manage the combined company.

Heinz May Be
on the Takeover Menu

Several signs point to the global food giant's potential to become a target. For one, it's among the few major independent food companies left. Some savvy pros say the most logical and suitable buyer is Switzerland's Nestle.