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Cadbury plc (NYSE: CBY) may have just found out that it might need to be a bit more receptive to Kraft Foods Inc. (NYSE: KFT) in the buyout process, if it even wants to get a buyout at ANY price. A...
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Reuters: Cadbury (NYSE:CBY) posted strong 2009 results, rejected Kraft’s (NYSE:KFT) bid. Reuters: Bank of America (NYSE:BAC) is in talks to settle with Cuomo. Reuters: The FAA called for...
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Markets in Asia were mixed. The Nikkei rose .8% to 10,879. JAL fell 45%. The Hang Seng fell .5% to 22,287. The Shanghai Composite rose 1.9% to 3,274. At the open in Europe, the FTSE was flat at...
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Reuters: A senior Fed official said the joblessness will not affect rate policy. Reuters: Shares in China lenders rose causing economic overheating fears. Reuters: Motorola (NYSE:MOT)...
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Reuters: Oil is at $82 and will move based on US jobs data. Reuters: Reliance upped its offer for Lyondell to $13.5 billion. Reuters: An former SAC employee was caught in a probe of...
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By Douglas A, McIntyre One way to fight a hostile takeover is to find a “white knight”. Cadbury (NYSE:CBY) is doing just that in clandestine meetings with Hershey (NYSE:HSY). The meetings are no...
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Reuters: Cadbury (NYSE:CBY) has held private talks with Hershey (NYSE:HSY). Reuters: Oil dropped below $83 as China said it would tighten its energy policy. Reuters: GM will close Saab....
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Hershey Co. (NYSE: HSY) may be posturing to top Kraft Food Inc.’s (NYSE: KFT) bid for Cadbury Plc. (NYSE: CBY) Hershey would likely make a friendly bid, at least 10 percent higher, between $19...
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Kraft (NYSE:KFT) says that 1.52% of Cadbury (NYSE:CBY) shareholders have backed its offer to buy the UK firm. The offer will stay open until February 2, but that probably will not matter. Kraft...
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Reuters: A major overhaul of the global financial system is expected in 2010. Reuters: Kraft (NYSE:KFT) got a 1.52% acceptance of its Cadbury (NYSE:CBY) bid. Reuters: Gold rose above...
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Berkshire Hathaway Inc. (NYSE: BRK-A) has made one of its more unusual press releases. The company said that it has voted “no” on Kraft’s proposal to authorize the issuance of up to 370...
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Kraft (NYSE:KFT) made a remarkably clever move in its pursuit of Cadbury (NYSE:CBY), but it may be too little too late. The US foods company sold its North American pizza business to Nestle for...
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Reuters: Kraft (NYSE:KFT) sold it pizza business to Nestle and lifted the cash portion of its deal to buy Cadbury (NYSE:CBY). Reuters: Cold weather pushed oil prices near $82. Reuters: ...
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Markets in Asia rose. The Nikkei was up .3% to 10,692. The Hang Seng was higher by 2.1% to 22,286. The Shanghai Composite rose 1.2% to 3,282. At the open in Europe, the FTSE fell .2% to 5,489....
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By Jon Ogg It seems that Kraft Foods (NYSE:KFT) is about to go after Cadbury plc (NYSE:CBY) in the U.K. harder than it already has. Many believe Kraft is about to make a high bid even higher than...
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