International Business News - KFT http://www.ibtimes.com All articles are copyrighted by IBTimes.com 400 100 http://www.ibtimes.com/ http://www.ibtimes.com/images/top_logo_ibt2_3.gif Shares of the nation's food makers slumped Friday amid another market plunge, but analysts say the industry is poised to benefit from declining commodity costs and strong retail pricing. http://www.ibtimes.com/articles/20081010/sector-snap-analysts-positive-on-food-makers.htm Fri, 10 Oct 2008 14:13:04 EDT New applications for unemployment benefits dropped last week from a seven-year high, the Labor Department said Thursday, though they remain at elevated levels that indicate recession. http://www.ibtimes.com/articles/20081009/jobless-claims-drop-from-7-year-high.htm Thu, 09 Oct 2008 10:04:04 EDT Government data to be released Thursday is expected to show that the number of new unemployment benefit claims filed last week remains at recessionary levels. http://www.ibtimes.com/articles/20081009/ahead-of-the-bell-drop-in-jobless-claims-expected.htm Thu, 09 Oct 2008 06:08:40 EDT Forester Value Fund (FVALX) Manager: Thomas Forester http://www.ibtimes.com/articles/20081007/forester-value-fund-glance.htm Tue, 07 Oct 2008 17:50:59 EDT A Barclays Capital analyst said Tuesday most food makers should see higher profits in the third quarter and fiscal 2009 due to price increases the companies have taken to offset higher costs. http://www.ibtimes.com/articles/20081007/sector-snap-foodmakers-shares-mixed.htm Tue, 07 Oct 2008 15:12:51 EDT Foodmaker Kraft Foods Inc. said Monday it is cutting 400 jobs in North America to reduce costs. Kraft spokeswoman Renee Zahery said the layoffs will represent a cut of about 1 percent in the company's North American work force. http://www.ibtimes.com/articles/20081006/kraft-to-cut-400-jobs-in-north-america.htm Mon, 06 Oct 2008 16:40:46 EDT Kraft Foods Inc. shares fell alongside Wall Street on Monday as the government's $700 billion bailout plan failed to assuage investors' concerns about the credit crisis roiling the financial markets. http://www.ibtimes.com/articles/20081006/kraft-shares-fall-as.htm Mon, 06 Oct 2008 19:17:17 EDT Hong Kong authorities said Tuesday the amount of melamine found in two samples of chocolate made at British candy maker Cadbury's Beijing factory was legally acceptable for human consumption, a day after the company recalled 11 items sold in parts of Asia and the Pacific. http://www.ibtimes.com/articles/20080930/hong-kong-says-cadbury-melamine-levels-acceptable.htm Tue, 30 Sep 2008 14:30:14 EDT Shares of the nation's foodmakers fell in the last three months as the industry faced continued pressure on prices for key ingredients like corn and oil. http://www.ibtimes.com/articles/20080930/foodmakers-shares-drop-in-quarter-on-high-costs.htm Tue, 30 Sep 2008 16:45:47 EDT Shares of the nation's food makers fell slightly Monday in a market-wide drop as investors reacted to the failure of the financial bailout package in the House. http://www.ibtimes.com/articles/20080929/food-makers-fall-slightly-on-bailout-news.htm Mon, 29 Sep 2008 15:35:11 EDT Snackers, beware: Your favorite chocolate or creamy treats might contain milk contaminated with melamine. The list of companies facing potential recalls grew Friday as reports of foods tainted with the industrial chemical melamine, which has been blamed in the deaths of four Chinese infants, spread to a widening range of products. http://www.ibtimes.com/data/articleimgs/140258-south-korea-china-tainted-milk.jpg http://www.ibtimes.com/articles/20080927/tainted-milk-crisis-hits-more-global-companies.htm http://www.ibtimes.com/articles/20080927/tainted-milk-crisis-hits-more-global-companies.htm Sat, 27 Sep 2008 07:35:01 EDT Combating the growing obesity problem among children will require stronger action at all levels from food makers to governments and schools, witnesses told U.S. lawmakers Tuesday at a hearing about how foods are marketed to kids. http://www.ibtimes.com/articles/20080923/panel-hears-thoughts-on-food-marketing-to-kids.htm Tue, 23 Sep 2008 17:39:29 EDT Consumer products maker Procter & Gamble Co. sued Kraft Foods Inc. again on Tuesday over coffee containers, saying Maxwell House Coffee has copied a Folgers package. http://www.ibtimes.com/articles/20080923/procter-gamble-sues-kraft-again.htm Tue, 23 Sep 2008 14:11:55 EDT Federal investigators say food broker Randall Rahal liked to use a simple little test to see whether he could bribe purchasing agents at the country's biggest food companies to buy from the tomato processor he represented. http://www.ibtimes.com/articles/20080923/tomato-processing-egg-products-industries-probed.htm Tue, 23 Sep 2008 20:07:02 EDT Among the premarket activity stories for Tuesday, Sept. 23, from AP Financial News: NEW YORK (AP)--Washington Mutual Inc. shares fell in premarket trading Tuesday after ratings agency Moody's Investors Service cut the bank's ratings amid a report at least five banks are considering purchasing the embattled company. http://www.ibtimes.com/articles/20080923/premarket-roundup-washington-mutual-chicos-fas.htm Tue, 23 Sep 2008 10:24:29 EDT China's milk scandal fanned fears across Asia on Tuesday as countries expanded bans on Chinese dairy products to include candy and other goods and worried parents rushed their children to hospitals for health checkups. http://www.ibtimes.com/articles/20080923/chinese-tainted-milk-scandal-fans-fear-across-asia.htm Tue, 23 Sep 2008 06:17:33 EDT Kraft Foods Inc., the maker of Oscar Mayer hot dogs and Oreo cookies, will be among those to testify Tuesday at a Senate panel hearing on food marketing to children. http://www.ibtimes.com/articles/20080923/ahead-of-the-bell-panel-hears-marketing-testimony.htm Tue, 23 Sep 2008 06:09:06 EDT Food maker shares rose in early trading Thursday following a big drop in the stock market sparked by concerns about the health of the financial sector. http://www.ibtimes.com/articles/20080918/food-makers-rise-in-early-trading.htm Thu, 18 Sep 2008 10:08:45 EDT Dow Jones & Co. said Thursday that Kraft Foods Inc. will replace struggling insurer American International Group Inc. in the Dow Jones Industrial Average when trading begins Sept. 22. http://www.ibtimes.com/articles/20080918/kraft-replaces-aig-in-dow-jones-industrial-average.htm Thu, 18 Sep 2008 17:29:44 EDT Kraft Foods Inc. said Tuesday its board raises its quarterly dividend by 2 cents, or 7.4 percent, to 29 cents per Class A share. The maker of Oscar Mayer meats and Philadelphia cream cheese said the dividend is payable Oct. 8 to shareholders of record Sept. 24. http://www.ibtimes.com/articles/20080909/kraft-foods-increases-dividend-to-29-cents.htm Tue, 09 Sep 2008 18:21:28 EDT