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0.00644624662091916 0.00623830318153456 0.00399251403618216 0.00187149095446031 0.0280598877105426 0.036044915782907 0.0357662715741318 0.0399251403618216
Stock impact report

Kraft Heinz pauses plans to split into 2 companies, says its problems are 'fixable' [Globe and Mail, The (Toronto, Canada)]

The Kraft Heinz Company (KHC) 
Last the kraft heinz company earnings: 4/30 07:05 am Check Earnings Report
US:NASDAQ Investor Relations: ir.kraftheinzcompany.com/overview
Steve Cahillane , a former Kellogg Co. chief who became CEO of Kraft Heinz on Jan. 1, said he wants to ensure that all of the company's resources are focused on profitable growth. “I have seen that the opportunity is larger than expected and that many of our challenges are fixable and within our control,” Cahillane said in a statement. The company's shares dropped 5.2% in early trading Wednesday as Kraft Heinz reported lower quarterly and annual results. Kraft Heinz announced in September it was splitting into two companies a decade after a merger of the brands created one of the biggest food manufacturers on the planet. One of the companies would include stronger-selling brands such as Heinz, Philadelphia cream cheese and Kraft Mac & Cheese. The other would include slower-selling brands like Maxwell House, Oscar Mayer, Kraft Singles and Lunchables. At the time, Kraft Heinz said it expected the split to be finalized in the second half of this year. On Wednesday, the compa Show less Read more
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