CADBURY

Is Naomi Campbell 'chocolate' ad really racist?

Naomi Campbell is reportedly planning to take Cadbury to court for their chocolate commercial that compared the ramp diva to chocolate. She reacted fiercely to the commercial saying that, It's upsetting to be described as chocolate, not just for me, but for all black women and black people. It is insulting and hurtful. The ad features a picture of Cadbury's new chocolate bar, Bliss, underneath the caption, Move over Naomi, there's a new diva in town.
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Hershey to trim 5 percent jobs in $300 million overhaul

Hershey Co plans to cut 500 to 600 jobs, or up to 5 percent of its workforce, as part of a restructuring aimed at upgrading and enlarging its facilities to compete globally and save some $60 million to $80 milllion in annual costs.
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Kraft beats estimates, analysts wary on Cadbury

Kraft Foods Inc posted a higher-than-expected quarterly profit as it showed improvement in legacy businesses like beverages in the United States, while absorbing recently acquired chocolate maker Cadbury Plc.
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Kraft Q1 profit beats estimates

Kraft Foods Inc posted higher-than-expected quarterly sales and profit after its acquisition of chocolate maker Cadbury Plc as sales beat expectations.
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Kraft Q1 profit rises

Kraft Foods Inc posted a higher quarterly profit, helped by sales and income from newly acquired chocolate maker Cadbury Plc.
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U.S. food industry seen primed for deals in 2010

The U.S. food industry is in store for a smorgasbord of mergers and acquisitions as companies look to gain more revenue and earnings growth and new, innovative products.
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Kraft under fire after Cadbury plant U-turn

Kraft Foods came under heavy fire from UK parliamentarians on Tuesday for raising false hopes about the future of a Cadbury plant as it battled to win control of the British chocolatier.
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UK lawmakers to grill Kraft over Cadbury

Kraft Foods Inc will be grilled by British parliamentarians next week amid claims the U.S. group backtracked on plans to keep a Cadbury plant open.
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Kraft profit up, sees long-term Cadbury boost

Kraft Foods Inc posted a higher quarterly profit and said its recent acquisition of British chocolatier Cadbury Plc would help accelerate long-term growth.
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Fitful recovery tests consumer goods makers in 2010

The world's biggest food companies and household products makers face a selective return to consumer spending in 2010, testing their resolve to avoid promotions and suggesting more industry mergers to come.
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Kraft gets over 75 percent of Cadbury, to delist shares

Kraft Foods on Friday said it had 75.41 percent acceptances from Cadbury Plc shareholders by 1900 GMT on February 4 in its takeover of the British confectioner and will now move to delist Cadbury no earlier than March 8.
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Cadbury shareholders approve Kraft takeover

Kraft Foods won control of Cadbury on Tuesday as holders of almost 72 percent of the British chocolatier's stock accepted the 11.7 billion pound takeover that will create the world's biggest confectioner.
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Hershey defends Cadbury decision, raises dividend

Chocolate maker Hershey Co defended its decision to back away from a Cadbury bid and a bigger stake in the global confectionery market, saying it remained confident about its growth prospects and was raising its dividend.
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Hershey sticks to 2010 profit forecast

Hershey Co posted a better-than-expected quarterly profit and is on target to meet its 2010 earnings forecast as it has been gaining market share in its main brands.
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Kraft set for Cadbury deal as workers fret over jobs

Kraft Foods is set to receive enough acceptances from Cadbury shareholders to seal its 11.7 billion pounds ($18.6 billion) takeover by around 1700 GMT (12 noon EST) Tuesday and start the tough integration of Cadbury's 45,000 worldwide employees.
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The work for Kraft starts after winning Cadbury

Kraft Foods Inc is expected to easily win support from Cadbury shareholders for its $18.73 billion (11.68 million pound) takeover of the iconic British chocolatier.
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Nestle waits for market pressures to soften Hershey

Swiss food group Nestle is likely to set itself a long-term goal to buy Hershey after the Kraft-Cadbury deal, hoping that market pressures will wear down opposition from the controlling Hershey Trust.

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