This Day On The Street
Continue to site
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

Consumer Products You Pay More For

Kraft Foods' (KFT) Maxwell House and Other Food Brands

Kraft Foods raised prices worldwide in the fourth quarter of last year.

Then in May Kraft hiked the price of its Maxwell House coffee by 22%, or 70 cents per pound, the largest of four price increases in a year.

Kraft's consumer prices have soared around 56% since May 2010.

Also in May, Kraft said it raised its product prices by 3.7%, hoping to offset a 7% surge in ingredient costs.

Kraft, the maker of popular consumer food products under the Nabisco, Oscar Meyer, Cool Whip, Jell-O, Dentyne and Wheat Thins brands, among many others, may raise prices again this year as commodity costs continue to rise, according to June 3 reports.

"We've implemented a first round of pricing; however, at current cost levels, further pricing may be necessary later in the year," management said.

11 of 25

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!
CPB $45.81 0.00%
GIS $56.38 0.00%
AAPL $130.28 0.00%
FB $81.53 0.00%
GOOG $565.06 0.00%


DOW 18,080.14 +21.45 0.12%
S&P 500 2,117.69 +4.76 0.23%
NASDAQ 5,092.0850 +36.0220 0.71%

Partners Compare Online Brokers

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs