Kraft profit falls in third quarter but co. raises outlook, remains interested in Cadbury
Kraft says profit falls, Cadbury remains appealing Kraft profit falls nearly 40 percent in third quarter on lower prices, weaker sales
Kraft profit falls nearly 40 percent in Q3 Surge in Army ROTC ranks promises more young officers; 3,000 majors and captains neededNORTHFIELD, Vt. — Burgeoning ranks of Army ROTC students are filling college classrooms around the nation this fall as the Army seeks to beef up its officer corps with its generous scholarship program that pays the college tuition of students who are commissioned as 2nd lieutenants when they graduate. Kraft says it will focus on high-margin brands to boost productivity in EuropeNORTHFIELD, Ill. — Kraft Foods Inc. said Wednesday it plans to focus on higher-margin, priority brands to boost productivity in Europe and will continue to cut costs as the food maker hopes to continue expanding worldwide. Kraft Foods 2Q profit up 11 percent, but sales down on foreign currency translationMILWAUKEE — Kraft Foods Inc. said Tuesday its second-quarter profit rose 11 percent even though its revenue slipped as the dollar’s strength weighed down international sales. Kraft Foods 1st-quarter profit rises 10 percent, sales slip as consumers keep cutting spendingMILWAUKEE — Kraft Foods Inc. said Tuesday its first-quarter profit rose 10 percent even as sales took a hit from the stronger dollar. The maker of Velveeta, Oreo cookies and Maxwell House coffee says it plans to focus on its core products, where it can make the most money, to emerge from the recession even stronger. |
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