The $55 billion acquisition comes at a multiple of 23 times Kraft's EBITDA. Aggressive cost-cutting might lower that figure, but Campbell and ConAgra would be easier to digest.
Playing the momentum game has its perils. Jim Cramer says beware the strong dollar and the loss of business to Europe.
David Nelson, chief strategist at Belpointe Asset Management, says investors can anticipate consolidation in the retail and home goods industries.
U.S. stocks fell for the third straight session at Wednesday's closing bell.
Investors in ConAgra stock are paying just 15 times forward earnings today for better profits next year.
Coca-Cola is still a global staple, especially in in emerging markets, even though younger Americans are drinking less soda, said Matt Jehn, managing partner at Royal Oak Financial Group.
Henry Schwartz, President of Trade Alert, says options order flow was very quiet into the deal announcement, but looking further back, interesting call volume on March 10 was detected.
Warren Buffett has called the Heinz-Kraft merger "my kind of transaction." And Jorge Lemann, the other billionaire in the mix on the deal, is his kind of guy.
Jim Cramer and Action Alerts PLUS Director of Research Jack Mohr discuss why they initiated a new position in WhiteWave Foods this week.
A well-established burger chain that's not named McDonald's or Burger King just posted another blowout quarter.
American staples, mac-and-cheese and ketchup are coming together.
Kraft Foods has agreed to merge with Heinz, creating the third-largest food and beverage company in North America and the fifth largest in the world.
Warren Buffett teams up with 3G Capital for another packaged foods company, and this speaks volumes about the industry's weaker players.
Kraft Foods Group and H.J. Heinz Co. announced Wednesday morning that the two companies would merge, creating a food giant with revenues around $28 billion.
Major U.S. benchmarks are all trading narrowly lower as both the dollar and latest economic data weight on traders.
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