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Kraft Heinz, the food conglomerate backed by legendary investor Warren Buffett, said Friday that it made a takeover offer for European consumer products king Unilever. But Unilever said no to a deal.
Akzo Nobel reached a truce with Elliott Management giving the activist investor board representation following a monthslong standoff over Elliott’s push to force the Dutch chemicals company into talks over a $28 billion takeover bid.
U.S. industry groups and the Trump administration could push back against a Chinese takeover of Jeep, Ram, Chrysler and Dodge.
Kraft Heinz Co. is turning to media magnate Oprah Winfrey to break out of a prolonged slump
NEW YORK (AP) - Oprah Winfrey is headed to the supermarket aisle with her own line of refrigerated soups and side dishes. The media mogul teamed up with food giant Kraft Heinz to launch the line, after creating a joint venture earlier this year. The...
* Kraft Heinz and Oprah Winfrey collaborate to create O, That's Good!
Winfrey is behind a new line of refrigerated soups and side dishes in conjunction with Kraft Heinz.
The Kraft Heinz Company (KHC) reported its fiscal 2Q17 results on August 3, 2017, after the market closed. Its net sales were $6.7 billion.
Kraft Heinz (KHC) posted better-than-expected 2Q17 bottom line results on August 3, 2017. Its adjusted EPS of $0.98 surpassed the Wall Street estimate.
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* Kraft Heinz Foods Company files for potential three-part notes offering; size undisclosed - SEC filing Source text: [http://bit.ly/2vHyHCW] Further company coverage:
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Kraft Heinz Co.’s cost-cutting efforts helped fuel a 50% rise in profit in its latest quarter, though the packaged-food maker struggled to lift U.S. sales amid changes in consumers’ shifting toward fresher, more natural foods.
Kraft Heinz Co reported a 50.5 percent rise in quarterly profit on Thursday, as the company managed to wring out more costs and demand rose for its sauces and condiment products.
Shares of Kraft Heinz Co. declined 0.3% late Thursday after the food giant reported adjusted earnings above expectations but missed sales forecasts. Kraft Heinz earned $1.16 billion, or 94 cents a share, in the quarter, compared with $770 million, or...