Kraft Sees Unexpected Increase in Profit

August 5, 2009


The foodmaker’s profit jumps 11 percent.
Press Release Service – Wired PR News – Kraft Foods Inc. posted higher quarterly profits than anticipated recently. As reported by Reuters, the company also raised its forecast for the full-year, with some analysts attributing the 11 percent profit increase to restructuring changes made in the past few years.
As noted […]

Oscar Mayer Passes Away at 95

July 9, 2009


The retired chairman of Oscar Mayer Foods died early this week.
Press Release Service - Wired PR News – Retired food processing company chairman Oscar Mayer has died. As reported by the Associated Press (AP), the 95 year-old passed away Monday at a Hospice in Wisconsin.
As noted by the AP, Mayer’s wife Geraldine, attributed the death […]

 
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