Kraft details split of Post Cereals Jun 17, 2008
(AP) Foodmaker on Monday said it will split off its Post Cereals business, a move first announced in November. Kraft will distribute via a split-off deal all outstanding shares of its subsidiary Cable Holdco Inc. that will own some assets and liabilities of its Post cereals business. (Crain's Chicago Business)
Ralcorp Q2 sales up 24% May 9, 2008
The company acquired Kraft Food's (NYSE: KFT) Post cereals division. matthewallen@bizjournals. (St. Louis Business Journal, MO)
Cost of Grocery Coupons Apr 21, 2008
Saving Money on Food is Attractive - Consider the Dirty Truth. Coupons are popular especially with food prices at record highs. (Suite101.com)
Burglars nab $100,000 worth of sports cards Mar 18, 2008
Other cards stolen included an early 1960s Post Cereal collection and a 1963 Fleer set. Williams, collecting cards since 1981, said he's had the Mantle card for about a year and just completed filling the Topps set in February. (Florida Times-Union)
Can Postum fans revive their beloved beverage? Mar 15, 2008
The century-old instant powdered drink named for its creator, C.W. Post (of Post cereals fame), may not enjoy the brand recognition of drinks like Tang, but when Kraft kicked its caffeine-free hot drink to the curb this winter, Postum's loyal following took the news hard. Products abandoned by their makers, or "orphan brands," aren't uncommon. (Christian Science Monitor)
Nutcracker moves south Feb 28, 2008
They are best known for Ralston foods and recently acquired Post Cereals. Patricia Devlin, Human Resources Director, has been with Nutcracker for 15 years. (Billerica Minuteman, MA)
Kraft shares take off as Buffett snaps up key stake Feb 16, 2008
Kraft agreed in November to sell its Post cereal division, which ranks third in revenue behind Kellogg and General Mills's cereals, to Ralcorp Holdings for $US2. 6 billion. (Sydney Morning Herald -- Business)
Ralcorp Announces Management Changes Feb 14, 2008
ST. LOUIS, Feb. 13 /PRNewswire-FirstCall/ -- Ralcorp Holdings, Inc. (NYSE: ) today announced corporate officer responsibility changes designed to facilitate the integration of Post cereals into Ralcorp ... In addition, Mr. Wilkinson will lead the team that will integrate the Post cereals operations into Ralcorp ... Once the Post cereals transaction is consummated, the Post branded cereal division will report to Mr. Skarie. (PR Newswire)
Ralcorp pays co-CEOs $4.6M each in '07 Nov 30, 2007
The company acquired Kraft Food's (NYSE: KFT) Post cereals division. Related Industry News. (St. Louis Business Journal, MO)
Ralcorp's Hunt, Skarie shop the cereal aisle Nov 25, 2007
When announced its plans Nov. 15 to acquire Post cereals from , the company did more than return to a branded cereal business rooted back in its Ralston Purina days. The $2. (St. Louis Business Journal, MO)
Winning the old-school way Nov 19, 2007
Then throw so many passes that they just beg for the end of the game so they can get ready for Putnam investment bowl, or Post Cereal Bowl, or whatever lame a* Bowl game they get invited to. Go Dawgs. (Atlanta Journal-Constitution -- Sports)
Kraft Quits the Breakfast Club Nov 18, 2007
Kraft () is shedding big brand names like Post cereal in an effort to focus the big food company on other promising, growing brands ... Post Cereal, the third largest cereal maker in the country after Kellogg and General Mills, would represent 32% of the new company's sales. (BusinessWeek)
Wall Street fluctuates following data on consumer price inflation and commercial debt market Nov 17, 2007
Ralcorp Holdings Inc., a maker of private-label cereals, said it will buy Kraft Food Inc.'s Post cereals division for 1. 65 billion plus 950 million in debt. (Rensselaer Republican, IN)
Fitch downgrades Kraft rating over debt load Nov 17, 2007
(AP) Fitch Ratings on Friday downgraded Kraft Food Inc.'s long-term ratings a day after the company agreed to sell its two dozen Post cereals to Ralcorp Holdings Inc. ... 8 billion coupled with the limited amount of near-term debt reduction as a result of the Post cereals transaction. (Crain's Chicago Business)
Business highlights: Wall Street, Penney, Kohl's, Starbucks, gas prices, Miller ... Nov 17, 2007
CHICAGO (AP) Kraft Foods Inc. agreed to sell its two dozen Post cereals to Ralcorp Holdings Inc. Thursday in a nearly 1. 7 billion stock deal that will make the private-label food maker a major player in the cereal market. (La Crosse Tribune, WI)
Kraft sells Post cereals for $2.6 billion Nov 16, 2007
Kraft sells Post cereals for $2 ... Kraft sells Post cereals for $2 ... (Crains) Irene Rosenfeld made her first major move to slim down with Thursdays announcement that the company was unloading Post cereals to Ralcorp Holdings in a deal worth $2. (Crain's Chicago Business)
Kraft shedding Post cereals business Nov 16, 2007
CHICAGO (AP) Kraft Foods Inc. agreed to sell its two dozen Post cereals to Ralcorp Holdings Inc. Thursday in a nearly $1 ... 2 billion, with Post cereals accounting for about 32 percent of total annual sales ... The Post cereals business would then be combined with Ralcorp. (Anchorage Daily News)
Kraft shedding Post cereals for $1.65 billion Nov 16, 2007
Kraft shedding Post cereals for $1 ... Kraft shedding Post cereals for $1 ... ST. LOUIS - Private-label cereal maker Ralcorp Holdings Inc. said Thursday it will purchase Kraft Foods Inc.'s Post cereals unit, the nation's third largest with brands like Spoon Size Shredded Wheat and Post Raisin Bran. (MSNBC -- Business)
Ralcorp Takes A Bite Out Of Kraft Nov 16, 2007
"The addition of Post cereals gives Ralcorp a truly distinctive line of branded cereal products plus a branded infrastructure and platform that we can build on through organic growth and acquisitions." The acquisition will give Ralcorp control of many household names, such as Alpha-Bits, Cocoa Pebbles, Grape Nuts, and Raisin Bran ... The company predicts that the addition will increase 2007 sales by "50% to $3.3 billion a year from $2.2 billion, with Post cereals accounting for approximately 32%... (Forbes -- Markets)
Movers: Companies in the news Nov 16, 2007
Ralcorp Holdings, the maker of Ry-Krisp crackers and Ralston Foods cereals, said Thursday that it had agreed to buy Post cereals from Kraft Foods for $2. 6 billion. (International Herald Tribune -- Business Asia)
Kraft selling its Post cereals, Modesto plant Nov 16, 2007
Kraft Foods Inc. agreed to sell its two dozen Post cereals to Ralcorp Holdings Inc. in a $1 ... 2 billion, with Post cereals accounting for about 32 percent of annual sales ... The Post cereals business would then be combined with Ralcorp. (Modesto Bee, CA)
US stocks slide Nov 16, 2007
Your browser does not support script. Friday November 16, 2007. (The Star Online, Malaysia -- Business)
Kraft sells cereal unit to Ralcorp for $2.6-billion Nov 15, 2007
ST. LOUIS Private-label cereal maker Ralcorp Holdings Inc. said Thursday it will purchase Kraft Foods Inc.'s Post cereals unit, the nation's third-largest with brands like Spoon Size Shredded Wheat and Post Raisin Bran ... The Post cereals business would then be combined with Ralcorp ... The addition of Post cereals gives Ralcorp a truly distinctive line of branded cereal products plus a branded infrastructure and platform that we can build on through organic growth and acquisitions. (Globe and Mail -- Business)
US Stock Futures Point to Lower Open Nov 15, 2007
Ralcorp Holdings Inc., a maker of private-label cereals, said it will buy Kraft Food Inc.'s Post cereals division for $1 ... The Post cereals business is the country's third biggest with brands such as Spoon Size Shredded Wheat and Honey Bunches of Oats. (Rapid City Journal, SD)
Kraft in deal with Peltz's Trian, expands board Nov 8, 2007
According to media reports, Peltz has been pressuring Kraft , North America's largest food company, to shed its Post Cereals unit. Kraft 's new chief executive, Irene Rosenfeld, has said the company would divest businesses that don't fit its long-term growth plan. (Crain's Chicago Business)
Port of Boston business up 10% over '06 period Nov 6, 2007
Shares up after report of Post cereal division deal Shares of climbed after a published report said the nation's biggest food and beverage maker was nearing a deal to sell its Post cereal division for about $2. 8 billion. (Boston Globe)
Kraft close to $2.8 bln Post cereals sale - WSJ Nov 6, 2007
8 bln Post cereals sale - WSJ ... SINGAPORE, Nov 5 (Reuters) - Kraft Foods Inc (KFT.N: , , ) is close to agreeing to a deal to sell its Post cereals business to store-brand food maker, Ralcorp Holdings Inc (RAH.N: , , ), for about $2. (Reuters)
Food giant Kraft to sell Post cereals for $2.8 billion Nov 6, 2007
Kraft set to sell Post cereals for $2 ... Kraft set to sell Post cereals for $2 ... Kraft doesn't break out sales of Post cereals, but the company's snack and cereal segment earned $829 million last year on sales of nearly $6. (MSNBC -- Business)
Kraft's Quarterly Earnings Drop 20% Nov 1, 2007
The maker of Maxwell House coffee, Nabisco cookies and crackers, Philadelphia cream cheese, Oscar Mayer meats and Post cereals, has raised some prices on products, which cuts volume sales ... Rising commodity costs, strong competition and a decision to stop advertising sugary cereal to young children have hurt Kraft's Post cereals business, No. 3 in the U.S. by sales after Kellogg Co. (K) and General Mills Inc. (GIS), and the company reportedly is looking for a buyer. (SmartMoney)
Folgers, Pringles may get Chicago owners Oct 4, 2007
Activist investor Nelson Peltz has urged Kraft CEO Irene Rosenfeld to sell the Maxwell House and Post cereal brands. Ms. Rosenfeld hasnt commented publicly about Post, but has discussed plans to invest more in Maxwell House to boost sales. (Crain's Chicago Business)
Kraft boosts 2007 profit expectations Sep 6, 2007
The maker of Nabisco cookies, Oscar Mayer meats and Post cereals had previously expected to earn $1. 55 to $1. (Crain's Chicago Business)
Kraft Unveils New Growth Alliances for Tassimo Sep 4, 2007
Kraft markets a broad portfolio of iconic brands in 155 countries, including seven brands with revenue of more than $1 billion, such as Kraft cheeses, dinners and dressings; Oscar Mayer meats; Philadelphia cream cheese; Post cereals; Nabisco cookies and crackers; Jacobs coffees and Milka chocolates. Kraft became a fully independent company on March 30, 2007, and is listed in the Standard s 100 and 500 indexes. (Canada Newswire)
The Warhol We'll Never See Aug 30, 2007
" The Post cereal heiress, whose mother built Mar-a-Lago in Palm Beach, recently confided to writer Gregory Speck over cocktails at her oceanfront East Hampton estate, "I thought Andy Warhol was awful, and because he was so weird I could never abide his paintings, so the portrait of Ted is in our house in Beverly Hills, where it is going to stay. " --> > > > ||||||||||| ||||||||| --> NEW YORK POST is a registered trademark of NYP Holdings, Inc. NYPOST.COM, NYPOSTONLINE.COM, and NEWYORKPOST.COM... (New York Post -- Gossip)
Kraft Foods Launches New Program to Support People With Diabetes Aug 22, 2007
Kraft markets a broad portfolio of iconic brands in 155 countries, including seven brands with revenue of more than $1 billion, such as Kraft cheeses, dinners and dressings; Oscar Mayer meats; Philadelphia cream cheese; Post cereals; Nabisco cookies and crackers; Jacobs coffees and Milka chocolates. Kraft became a fully independent company on March 30, 2007, and is listed in the Standard and Poor's 100 and 500 indexes. (Yahoo! Wire -- Entertainment News)
Business notebook Aug 17, 2007
Cereal saga: Kellogg's and may each seek to buy Post cereal brands, JPMorgan Securities said. Post could fetch $2. (Boston Globe)
Kraft mulls sale of Post cereals: report Aug 17, 2007
(Reuters) is in the early stages of looking for a buyer for its Post cereals business, maker of the Grape Nuts and Shredded Wheat brands, the Wall Street Journal reported Thursday ... Rosenfeld, former chief executive of PepsiCo's Frito-Lay division, did not say at the time if any divestiture plans were connected to any meetings with shareholder activist Nelson Peltz, who has reportedly suggested the company shed its Post Cereals unit. (Crain's Chicago Business)
Kellogg, General Mills may bid for Kraft's cereals Aug 17, 2007
Kellogg Co. and General Mills Inc. may seek to buy Kraft Foods Inc.'s Post cereal brands, adding Grape-Nuts, Shredded Wheat and other healthier lines, J.P. Morgan Securities Inc. said ... General Mills, which makes Cheerios, would overtake Kellogg with an acquisition of Post cereals, while a takeover would give Kellogg about 49 percent of U.S. cereal sales, according to market share estimates by Chicago-based Information Resources Inc.. (AZCentral -- Business)
Tradition in Transition: Russian Icons in the Age of the Romanovs Aug 3, 2007
The core of Hillwood s collection was formed by founder Marjorie Merriweather Post, heir to the Post cereal fortune and an avid collector of Russian luxury goods. Members Free, Non-Members $8. (Florida Times-Union)
McDonald's, Kraft tighten advertising policies Jul 19, 2007
specified Post cereals, Kool-Aid beverages and Nabisco cookies and crackers among its brands with "child-directed ad campaigns," which it said would now be based on nutrition criteria. Kellogg Company said its pledge covered ready-to-eat cereals, Pop-Tarts, snack lines and Eggo frozen breakfast products. (Crain's Chicago Business)
Icahn Goes For Two Jul 16, 2007
He wants Kraft to spin off unsuccessful brands, such as Post cereals, sources said. Peltz's stake in Kraft is valued at 57. (New York Post -- Business)
Daily Briefing Jul 14, 2007
Rosenfeld, who took charge of Kraft a year ago, may be pressured by investors to shed slower-growing units that may include Post cereal, analysts said. Neither Icahn nor Carrie Bloom, a spokeswoman for Peltz, immediately returned phone calls. (Atlanta Journal-Constitution -- Business)
Kraft CEO's fortunes tied to French cookies Jul 9, 2007
Activist shareholder Nelson Peltz reportedly wants Kraft to sell brands such as Post cereals and Maxwell House coffee and buy back more of the company's own stock. Mr. Peltz declined to comment. (Crain's Chicago Business)
Kraft Shares Crumble on Cookie Deal Jul 4, 2007
maker of Nabisco cookies and Post cereals said on July 3 it has made a binding offer to acquire Groupe Danone's () global biscuit business for $7. 2 billion in cash. (BusinessWeek)
Kraft could see eye-to-eye with new stakeholder Peltz on coffee divestiture Jun 26, 2007
Two sources familiar with the NYSE-listed Kraft, as well as industry bankers, said that the Illinois-based company could look to sell its coffee brands, consisting largely of Maxwell House Coffee, as well as its Post cereals ... The sources, as well as an industry banker, said that a divestiture of Post Cereals would be a challenge, as two top competitors, Kellog and General Mills, that might be willing to pay a price in the range that Kraft would likely seek, could have significant anti-trust... (FT.com -- Markets)
Activist Tycoon Develops Taste for Kraft Jun 22, 2007
NEW YORK (Dow Jones) -- Activist investor Nelson Peltz has bought a 3% stake in Kraft Foods Inc., and he plans to ask the food company to shed its Post cereals and Maxwell House coffee units, according to a published report. Peltz, who successfully won a seat on H.J. Heinz Co. board after last year called on the company to concentrate on its main ketchup business, plans to also ask Kraft to focus on its core categories of grocery and frozen foods, The Wall Street Journal reported on its Web site... (SmartMoney)
Kellogg to make kids' foods healthier, adjust how it markets to them Jun 15, 2007
headquarters of Kraft Foods Inc., maker of Post cereals. Copyright. (Orlando Sentinel)
Irene Rosenfeld tries to spark renewal at Kraft Feb 21, 2007
Other Kraft brands include Post cereals, Nabisco, Planters, Jell-O and Grey Poupon mustard. With a clear strategy and big investments in marketing and innovation, Rosenfeld predicted that Kraft would "hit our stride" in 2009. (International Herald Tribune -- Business)
