Company
Kraft Heinz Co
NASDAQ:KHC
Kraft Heinz Co is a global food and beverage company. The company manufactures and markets food and beverage products, including dairy products, meat products, soybean and vegetable oils, tomatoes, coffee beans, sugar and other sweeteners, other fruits and vegetables, corn products, wheat products and potatoes. Kraft Heinz's geographic segments include North America and International. Its North America segment offers various brands, which include Kraft, Oscar Mayer, Heinz, Philadelphia, Lunchables, Velveeta, Capri Sun, Maxwell House, Ore-Ida, Kool-Aid and Jell-O.
52 stories · page 2 of 3
Heinz employees in UK to get 11% pay rise
Workers will receive two one-off payments totalling £1,200 in addition to a 5.5% increase in base rates
Kraft Heinz 3Q beats on revenue, but misses on EPS; shares tumble
US net sales were up less than 2%, but rest of the world sales were up almost 10%
PureCircle increases production capacity for stevia sweetener to meet rising demand
An increase in health-conscious consumers and the introduction of a sugar tax in the UK has led to an increase new product launches with stevia.
Kraft Heinz launches $100 million food technology venture capital fund
While Kraft Heinz has a history of developing iconic brands like Philadelphia and Oscar Mayer, Evolv will accelerate its exposure to fast-growing food startups
EARLY MOVERS: FedEx's first quarter disappoints while AutoZone shares slip after auto-parts retailer misses sales estimates
Also in focus in pre-market is Kraft Heinz and its new source and New Age Beverages Corp
CryptoCann™ Report: ICO funding reaches lowest level in 16 months; Jimmy Buffett licenses Coral Reefer brand
ICOs raised US$326mln in August compared with an average of US$3bn in the first three months of the year
Unilever outlines simplification plan to become single holding company
Unilever said it believes its proposal will "modernise and simplify our structure, create value and drive performance for the long term and position Unilever for future success"
Archive
Dow recovers its losses by the closing bell
Tesla was a top decliner of the day after its CEO's comments to investors on a earnings call
Warren Buffett steps down from Kraft Heinz board
The business mogul would like to travel less often, he said in a statement
Government reviews Melrose's hostile takeover of GKN amid calls to block deal
The government is assessing whether the deal raises public interest concerns
Another Brexit blow: Unilever to scrap London HQ and make Rotterdam its sole legal home
The consumer goods giant said it would divide its business into three divisions with two - Beauty & Personal Care and Home Care - headquartered in London and one - Foods & Refreshment - in Rotterdam
Investments and investor services
US stocks pare gains amid Russia indictments
The index of consumer sentiment rose 4.4% in February, ending a string of three monthly declines and pushing the measure back to the upper portion of its recent range, noted Daiwa Securities.
Food giant Kraft Heinz sees fourth-quarter adjusted earnings, sales miss market expectations
The Kraft cheese to Heinz ketchup firm reported quarterly adjusted earnings per share of 90 US cents per share, below the consensus forecasts for 95 US cents, on sales of US$6.88bn, up from US$6.86bn a year earlier, but also below the US$6.
Archive
Unilever among the quality blue chip updates scheduled, but Fed meeting and US jobs data more important
Week ahead includes updates from FTSE 100 AstraZeneca PLC, BT Group PLC, Royal Dutch Shell PLC, and Unilever PLC, plus a Federal Reserve meeting and January US jobs data
Unilever sees single corporate structure in the best interests of company and shareholders
In a statement ahead of its annual investor event on November 29th and 30th, it said a single share class would provide "greater ongoing strategic flexibility for value-creating portfolio change"
Archive
Dependably dull Unilever versus off-the-wall Sports Direct
Can the supertanker Unilever ride the crest of a wave? Can a Newcastle United owner change his stripes?