Kraft Foods Partners with NCM Media Networks to Offer Branded Entertainment in Movie Theaters Across America

Total Page:16

File Type:pdf, Size:1020Kb

Kraft Foods Partners with NCM Media Networks to Offer Branded Entertainment in Movie Theaters Across America April 30, 2010 Kraft Foods Partners with NCM Media Networks to Offer Branded Entertainment in Movie Theaters Across America NORTHFIELD, Ill. and CENTENNIAL, Colo. — April 30, 2010 — Kraft Foods, the world's second largest food company, and NCM Media Networks, a leading integrated media company, have formed a new marketing alliance to bring new branded entertainment and cinema advertising featuring Kraft Foods brands to the big screen. Kraft Foods' groundbreaking new cinema program will be seen nationwide in NCM's FirstLook pre-feature program across the NCM Cinema Network – the nation's largest digital in-theater network comprised of approximately 15,400 movie screens owned by AMC Entertainment Inc., Cinemark Holdings, Inc., Regal Entertainment Group and other leading exhibitors across the U.S. Kraft Foods' cinema campaign will incorporate innovative two minute, 30-second original entertainment segments as well as more traditional 30- and 60-second advertising spots. It will include Kraft Foods' power brands such as Oscar Mayer Lunchables, Stride gum and RITZ crackers, and will premiere on April 30, 2010. "We're thrilled to be the very first food advertiser to create long-form content for the big screen", said Mark Stewart, vice president, global media services at Kraft Foods. "This new cinema campaign perfectly fits with our strategy to reach audiences in more engaging ways and drive a deeper connection with our brands. It is also the very first advertising initiative in the US that will include both Kraft Foods and Cadbury brands." As Hollywood continues to break box office records and more people are flocking to the movies, savvy advertisers like Kraft Foods are following those crowds. According to the latest advertising industry research, NCM ranks among the top TV networks and cinema ranks as the #1 network in the country on weekends among audiences age18- 49. In addition, an IMMI research study from the Cinema Advertising Council (CAC) showed that cinema boosts an advertiser's return on investment 100 percent when combined with a traditional TV media buy, delivering double the results of TV alone. "Kraft Foods' new strategy is really a game-changer for cinema. I've always thought that there was a huge opportunity for brands to utilize branded entertainment to create a unique personal relationship with consumers. And now, Kraft Foods and MediaVest will help to prove this theory," said Cliff Marks, NCM Media Networks' president of sales and marketing. "By taking advantage of NCM's national reach and the movie theater's unique ability to tell a story, Kraft Foods is able to build an engaging narrative that makes the brand the star of the show, while also building consumer allegiance and loyalty." About Kraft Foods The combination of Kraft Foods and Cadbury creates a global powerhouse in snacks, confectionery and quick meals. With annual revenues of approximately $50 billion, the combined company is the world's second largest food company, making delicious products for billions of consumers in more than 160 countries. The combined company's portfolio includes 11 iconic brands with revenues exceeding $1 billion – Oreo, Nabisco and LU biscuits; Milka and Cadbury chocolates; Trident gum; Jacobs and Maxwell House coffees; Philadelphia cream cheeses; Kraft cheeses, dinners and dressings; and Oscar Mayer meats. Another 70 brands generate annual revenues of more than $100 million. Kraft Foods (www.kraftfoodscompany.com; NYSE: KFT) is a member of the Dow Jones Industrial Average, Standard & Poor's 500, Dow Jones Sustainability Index and Ethibel Sustainability Index. About National CineMedia (NCM) NCM operates NCM Media Networks, a leading integrated media company reaching U.S. consumers in movie theaters, online and through mobile technology. The NCM Cinema Network and NCM Fathom present cinema advertising and events across the nation's largest digital in-theater network, comprised of theaters owned by AMC Entertainment Inc., Cinemark Holdings, Inc. (NYSE: CNK), Regal Entertainment Group (NYSE: RGC) and other leading regional theater circuits. NCM's theater network covers 171 Designated Market Areas® (49 of the top 50) and includes approximately 16,800 screens (15,400 digital). During 2009, approximately 680 million patrons attended movies shown in theaters currently included in NCM's network (excluding Consolidated Theatres). The NCM Interactive Network offers 360-degree integrated marketing opportunities in combination with cinema, encompassing approximately 40 entertainment-related web sites, online widgets and mobile applications. National CineMedia, Inc. (NASDAQ: NCMI) owns a 40.6% interest in and is the managing member of National CineMedia LLC. For more information, visit www.ncm.com. Media Contacts: Kraft Foods Valérie Moens 847-646- 4538 [email protected] NCM Media Networks Amy Jane Finnerty 212-931-8117 [email protected] " TARGET="">www.nationalcinemedia.com/nationalcinemedia-news .
Recommended publications
  • Kraft Foods Inc(Kft)
    KRAFT FOODS INC (KFT) 10-K Annual report pursuant to section 13 and 15(d) Filed on 02/28/2011 Filed Period 12/31/2010 UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 (Mark one) FORM 10-K [X] ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2010 OR [ ] TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 COMMISSION FILE NUMBER 1-16483 Kraft Foods Inc. (Exact name of registrant as specified in its charter) Virginia 52-2284372 (State or other jurisdiction of incorporation or organization) (I.R.S. Employer Identification No.) Three Lakes Drive, Northfield, Illinois 60093-2753 (Address of principal executive offices) (Zip Code) Registrant's telephone number, including area code: 847-646-2000 Securities registered pursuant to Section 12(b) of the Act: Title of each class Name of each exchange on which registered Class A Common Stock, no par value New York Stock Exchange Securities registered pursuant to Section 12(g) of the Act: None Indicate by check mark if the registrant is a well-known seasoned issuer, as defined in Rule 405 of the Securities Act. Yes x No ¨ Indicate by check mark if the registrant is not required to file reports pursuant to Section 13 or Section 15(d) of the Act. Yes ¨ No x Note: Checking the box above will not relieve any registrant required to file reports pursuant to Section 13 or 15(d) of the Exchange Act from their obligations under those Sections.
    [Show full text]
  • Directoryproduct
    FOODSERVICE PRODUCT Directory FIRST HALF 2018 Sour Patch ID | 02.22.13 | 41692 CONNECT WITH CUSTOMERS THROUGH ON-BRAND Sn & ts Brands matter to customers. Mondelezack Internationals offers a full portfolio S of sweet,w savorye and eportion-conscious snacks with the brand names they love, plus branded inclusions that help sweeten dessert sales. Keep up with evolving snacking trends and put the power of preferred brands behind you with classic snacks, new products and innovative applications. Classic Cookies & Crackers Morning Must-Haves • OREO • CHIPS AHOY! • belVita Blueberry • WHEAT THINS • NUTTER BUTTER • belVita Sandwich Peanut Butter • belVita Protein Oats, Honey & Chocolate The #1 peanut butter sandwich cookie1 America’s #1 #1 selling cookie The nation’s #1 breakfast biscuit1 is a top-10 winner chocolate chip cookie1 in America1 for breakthrough innovation in 20142 1. Nielsen, Market : xAOC plus Convenience. 52 weeks ending 8/26/17 2. Heller, Laura, “Nielsen’s Breakthrough Innovation Winners Turn Challenges into Sales” Forbes, May 6, 2014 2 Better-for-You Bites • Véa World Crisps • GOOD THiNS Sweet Potato • RITZ CRISP & THINS • OREO THINS Bites #1 selling cracker— filled & unfilled1 Delightful Dessert Inclusions • NUTTER BUTTER • CHIPS AHOY! • OREO Top branded ingredient on dessert menus3 Crème de la Candy America’s #1 sour confection brand is big among millennials 18–344 • SOUR PATCH KIDS • SOUR PATCH Watermelon • SWEDISH FISH Red • OREO Chocolate Candy Bar • OREO Chocolate Candy Bar Mint The nation’s #1 breakfast biscuit1 is a top-10 winner America’s #1 Cookie1 perfectly for breakthrough innovation in 20142 pairs with Europe’s #1 Chocolate1 3.
    [Show full text]
  • Mondelēz International's Diversification
    Final PDF to printer Mondelēz International’s Diversification Strategy case 9 in 2017: Has Corporate Restructuring Benefited Shareholders? JOHN E. GAMBLE Texas A&M University–Corpus Christi Mondelēz International was among the world’s largest range of the company’s shares in 2011 was relatively snack foods makers with seven billion-dollar brands unchanged from that in 2007 when it became an including Cadbury, LU, Milka, Cadbury Dairy Milk, independent company after a spin-off by the Altria Trident, Nabisco, and Oreo. The company’s brand Group (formerly Philip Morris). Some of the lack- portfolio in 2017 included another 44 well-known luster growth in its share price could be attributed to brands such as Triscuit, Toblerone, Wheat Thins, the economic slowdown that began in 2007, but the Ritz, Philadelphia, Nilla, BelVita, Chips Ahoy!, and company’s upper management and its board believed Tang. Even though some of its brands had histories the underlying cause of its poor market performance dating over 100 years, the company had come into was a corporate strategy that was not sufficiently existence only in 2012 after a corporate restructur- focused on growth. ing at Kraft Foods. Kraft Foods Inc. was the world’s The company implemented a corporate restruc- second-largest processed foods company in 2012 with turing in 2012 to create a high-growth global snacks annual revenues of more than $54 billion in 2011. The business and a high-margin North American gro- company’s global lineup of brands included Maxwell cery business. The new snacks-oriented company House, Oreo, Cadbury, Chips Ahoy!, Honey Maid, would include all of Kraft Foods’s business units and Dentyne, Velveeta, Cheez Whiz, Oscar Mayer, and brands in Europe and developing markets, plus its Kraft.
    [Show full text]
  • United States District Court Eastern District of Kentucky Northern Division at Covington
    Case: 2:10-cv-00035-DLB-CJS Doc #: 80 Filed: 08/18/10 Page: 1 of 24 - Page ID#: <pageID> UNITED STATES DISTRICT COURT EASTERN DISTRICT OF KENTUCKY NORTHERN DIVISION AT COVINGTON CIVIL ACTION NO. 10-35-DLB PERFETTI VAN MELLE USA, ET AL. PLAINTIFFS vs. MEMORANDUM OPINION & ORDER CADBURY ADAMS USA LLC DEFENDANT * * * * * * * Plaintiffs, owners of the registered trademarks “Mentos Pure Fresh” and “Pure White” for chewing gum, commenced the instant action after learning of Defendant’s intention to market a competing gum under the name “Dentyne Pure.” Plaintiffs assert causes of action for trademark infringement, false description, and false designation of origin under the Lanham Act, 15 U.S.C. §§ 1114(1), 1125(a), as well as trademark infringement and unfair competition under Kentucky law, Ky. Rev. Stat. §§ 365.100, 365.110, 365.601(2), and seek a variety of relief including preliminary and permanent injunctions, disgorgement of profits, compensatory and punitive damages, attorneys’ fees and costs. This matter is currently before the Court on Plaintiffs’ Motion for Preliminary Injunction. (Doc. #9). The motion has been fully briefed (Docs. #20, 29, 49), and the Court heard two days of testimony on the issues involved; Plaintiffs’ motion is therefore ripe for adjudication. For the reasons set forth below, because Plaintiffs have not shown that 1 Case: 2:10-cv-00035-DLB-CJS Doc #: 80 Filed: 08/18/10 Page: 2 of 24 - Page ID#: <pageID> consumers are likely to be confused as to the source of the parties’ competing chewing gum products, Plaintiffs’ Motion for Preliminary Injunction (Doc. #9) is denied.
    [Show full text]
  • Live Nation Program
    Win With ! Check your Listing Base! RANK UPC NAME RANK UPC NAME RANK UPC NAME 1 61200000542 CADBURY CARAMILK BAR REGULAR 50GM 1 61200225914 CADBURY DAIRY MILK LARGE 100 GM 1 5770032943 DENTYNE ICE SPEARMINT 2 5770022560 TRIDENT SPEARMINT 2 61200003451 CADBURY MR BIG REGULAR 60GM 2 61200225921 CADBURY DAIRY MILK FRUIT&NUT LARGE 100 GM 3 61200225938 CADBURY DAIRY MILK HAZELNUT CHOCOLATE 100GM 3 5770032937 DENTYNE ICE PEPPERMINT 3 61200003499 CADBURY WUNDERBAR REGULAR 58GM 4 5770022568 TRIDENT FRESHMINT SUPERPAK 4 61200225969 CADBURY CARAMILK LARGE 100 GM 4 61200225952 CADBURY CRUNCHIE REGULAR 44GM 5 5770022565 TRIDENT TROPICAL TWIST SUPERPAK 5 70221011116 TOBLERONESWISS MILK -YELLOW- LARGE 100GM 5 61200002423 CADBURY CRISPY CRUNCH REGULAR 48GM 6 5770022717 TRIDENT LAYERS STRAWBERRY&CITRUS 6 61200002201 CADBURY DAIRY MILK ALMOND LARGE 100 GM 7 61200225037 CADBURY MINI EGGS BAG 33GM 7 5770033148 DENTYNE FIRE CINNAMON 7 61200033243 CADBURY BURNT ALMOND LARGE 100 GM 8 61200084450 CADBURY DAIRYMILK 42GM 8 5770022564 TRIDENT PEPPERMINT 8 61200033212 NEILSON JERSEY MILK LARGE 100 GM 9 TBD TRIDENT ORIGINAL (NEW) 9 61200084436 CADBURY DAIRYMILK FRUIT & NUT 42GM 9 61200013894 CADBURY DARK MILK ROASTED CARAMELIZED HAZELNUT 10 5770001038 DENTYNE ICE AVALANCHE 10 70221005160 TOBLERONE 35GM/TOBLERONE 50GM 10 61200013887 CADBURY DARK MILK 11 5770022562 TRIDENT WATERMELON TWIST SUPERPAK 11 61200013900 CADBURY DARK MILK CRUNCHY SALTED CARAMEL 12 5770001320 STRIDE SPEARMINT 12 NEW CADBURY DARK MILK RASPBERRY 13 5770001317 STRIDE PEPPERMINT 13 NEW CADBURY
    [Show full text]
  • Perfect Snacking Rewards
    PERFECT SNACKING REWARDS 2017 FOODSERVICE OPERATOR LOYALTY REBATE KMO160231.indd 1 12/22/16 4:17 PM COOKIES COOKIES (Cont’d) Case Case GTIN Product Description Rate Cases Rebate GTIN Product Description Rate Cases Rebate 10044000044746 OREO Thins 48/1.02 OZ $1.00 10044000029088 BELVITA Breakfast Biscuit BLUEBERRY 64/1.76 OZ $1.50 10044000047006 OREO Single Serve 48/2.4 OZ 6CT $1.00 10044000029460 BELVITA Breakfast Biscuit GOLDEN OAT 64/1.76 OZ $1.50 10019320015400 OREO Single Serve 120/0.78 OZ 2CT $1.00 10044000050573 BELVITA Sandwich Strawberry Yogurt 64/1.76 OZ $1.50 10019320001984 OREO Single Serve 120/1.59 OZ 4CT $1.00 10044000040687 BELVITA Sandwich Peanut Butter 64/1.76 OZ $1.50 00019320000904 OREO MINI Single Serve 48/1 OZ $1.00 10019320009355 OREO 24/5 OZ $1.00 00019320000119 OREO MINI Single Serve Bag 60/1.5 OZ $1.00 10019320013192 HOMESTYLE SUGAR COOKIES 1/10 LB $1.00 10044000037434 CHIPS AHOY! Single Serve 48/1.4 OZ $1.00 10019320013208 HOMESTYLE OATMEAL COOKIES 1/10 LB $1.00 10019320015486 CHIPS AHOY! MINI Single Serve Bag 60/2 OZ $1.00 10019320013222 HOMESTYLE CHOCOLATE CHIP 1/10 LB $1.00 00019320000898 CHIPS AHOY! MINI Single Serve Bag 48/1 OZ $1.00 10019320013857 HOMESTYLE ASSORTED COOKIES 1/10 LB $1.00 00019320009389 OREO 100 CALORIE PACKS 72/.81 OZ $1.00 10019320017718 CHOCOLATE CHIP 2CT 100/.75 OZ $1.00 00019320009372 CHIPS AHOY! 100 CALORIE PACKS 72/.81 OZ $1.00 10019320017756 OATMEAL RAISIN 2CT 100/.75 OZ $1.00 00019320000546 LORNA DOONE 100 CALORIE PACKS 72/.74 OZ $1.00 10019320011099 NABISCO VANILLA WAFERS 6 /13.3
    [Show full text]
  • Journal of the Licensing Executives Society International Commercializing Future Technologies
    JUNE 2020 les Nouvelles PROTECTING & JOURNAL OF THE LICENSING EXECUTIVES SOCIETY INTERNATIONAL COMMERCIALIZING FUTURE TECHNOLOGIES THE FUTURE IS NOW! Advancing the Business of Intellectual Property Globally Special Issue In Cooperation With The European Patent Office The LES 2020 Annual Meeting is focused on KEYNOTE SPEAKER protecting and commercializing technologies that were once the future and are now Dr. Daria Mochly-Rosen LES NOUVELLES JOURNAL OF THE LICENSING EXECUTIVES SOCIETY INTERNATIONAL omnipresent. Join us for two full days Professor, Stanford University of networking, shared knowledge, best and founder and director of practices, and deal advice you can put The SPARK Program in action. October 18-20, 2020 Loews Philadelphia, 1200 Market St, Philadelphia, PA* PROGRAM TOPICS INCLUDE: • Commercializing Big Data and Machine • Negotiating Liability and Indemnification in Learning Networks an Era of Robotic and Computer-Assisted • Design Protection on Emerging Technologies Medicine, Autos and Product Design • Forces Majeur — Commercializing • Emerging Technologies Poised to Change Technologies in an Era of Trade Wars, the Energy Industry Nationalization, Regional Conflicts, and • Understanding and Exploiting Secondary Climate Change Markets for High Tech, Life Sciences and • Addressing (Un)foreseeable Problems Other Technologies in Commercializing Nanosensors and Nanoparticles Don’t miss this exciting opportunity to learn how to handle IP and licensing issues around new technologies. REGISTER NOW AND SAVE $300! SIGN UP TODAY AT LESMEETINGS.ORG/AM20 * As of the date of this publication, the 2020 LES Annual Meeting is still scheduled for October 18-20, 2020 in Philadelphia, PA. We continue to monitor the COVID-19 situation carefully and will take appropriate measures as needed.
    [Show full text]
  • Kraft Foods Inc (Kft)
    KRAFT FOODS INC (KFT) 8-K Current report filing Filed on 09/06/2012 Filed Period 09/06/2012 UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 8-K CURRENT REPORT Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 Date of report (Date of earliest event reported): September 6, 2012 KRAFT FOODS INC. (Exact Name of Registrant as Specified in Charter) Virginia 1-16483 52-2284372 (State or Other Jurisdiction (Commission (I.R.S. Employer of Incorporation) File Number) Identification No.) Three Lakes Drive, Northfield, Illinois 60093-2753 (Address of Principal Executive Offices) (Zip Code) Registrant's telephone number, including area code: (847) 646-2000 Not Applicable (Former Name or Former Address, if Changed Since Last Report.) Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below): ¨ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) ¨ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) ¨ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) ¨ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) Item 7.01. Regulation FD Disclosure. This information will not be deemed "filed" for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), or incorporated by reference in any filing under the Securities Act of 1933, as amended, or the Exchange Act, except as expressly set forth by specific reference in such a filing.
    [Show full text]
  • Mondelēz International (Ex-Cadbury India)
    Mondelēz International (ex-Cadbury India) Position Senior Analyst, GL Accounting India •Ensure accounts of the company are in compliance with USGAAP & IGAAP completely. •Drive timely closure of monthly books of accounts through active co- ordination with all India locations including HO and ensure all location follow the month end closing schedule •Leading Corporate GL Accounting Team and Preparations of various financial reports on a monthly basis for Management and apprise the management of the financial performance and explain the variances. Job Description •Ensures compliance with established financial control policies and procedures through periodic review of financial transactions and accounts in order to safeguard the Company assets. •Leads the financial audit and ensures timely completion of USGAAP audit, IGAAP Audit and Tax Accounts Audit . •Assist Corporate Accounting Manager in various initiatives on process implementation, simplification, change management, streamlining the processes, system migration etc. Mondelēz International, Inc. is an American multinational confectionery, food and beverage conglomerate, employing around 107,000 people around the world. It comprises the global snack and food brands of the former Kraft Foods. The Mondelēz name, adopted in 2012, came from the input of Kraft Foods employees at the time, a combination of the words for "world" and "delicious" in romance languages. Mondelēz International manages well-known snack brands around the globe, including in cookies and crackers (Oreo; Chips Ahoy!; TUC; Belvita; Triscuit; Club Social; and Barni), chocolate (Milka, Côte d'Or, Toblerone,Cadbury Dairy About Mondelēz Milk, Lacta), and gum and candy (Trident, Chiclets, Halls, Stride, Cadbury Dairy International Milk Eclairs). The company is headquartered in Deerfield, Illinois, a Chicago suburb and is a manufacturer of chocolate, biscuits, gum, confectionery, coffee, and powdered beverages.
    [Show full text]
  • 1,600+ Participating Online Stores
    1,600+ Participating Online Stores Up to 26% of Each Purchase Benefits Raleigh Boychoir 1&1 Internet Inc. Air France USA Ashley Stewart Best Deal Magazines Boutique To You Cat Footwear Compact Appliance Dan's Chocolates 1-800-Baskets.com AirTurn Ashro Best of Orlando Bowflex Catch Him & Keep Him Conrad Dancing Deer Baking Co 1-800-FLOWERS.COM AJ's Collection AsianFoodGrocer Best of Vegas Boxed Catherines Constant Contact Danskin 1-800-GET-LENS Alamo Rent a Car Astrogaming Best Western Brickhouse Security CB2 Constructive Playthings Darphin Paris 1-800-GOT-JUNK? ALDO AT&T BestBuy.com Broderbund CBTL The Coffee Bean & Contacts America David Yurman 1-800-Pet Meds Alex and Ani AT-A-GLANCE BestUsedTires Brooks Brothers Leaf Tea Cookies by Design David's Cookies 1-800-PetSupplies.com Algenist Athleta Betsey Johnson Brookstone CC Skye CookiesKids.com Day-Timer 100PercentPure Alibris Audible by Amazon Better Braces Brownells Celebrate Express Cooking.com Days Inn 101inks Alibris UK Augusta Active Better World Books BudgeCovers Century Novelty Coordinates Collection Dazadi 101Phones.com Alice & Trixie Autism Speaks Betty's Attic BuffaloJeans.com Chaco Corel Software Dazzlepro 11 Main AliExpress Auto Parts Warehouse Beyond the Rack Build Champion Cosabella Lingerie & DC Shoes 123-reg All About Dance Aveda BgB Supply Build-A-Bear Workshop Champion Naturals Fashion DealChicken 123inkjets ALLDATAdiy Avenue BH Cosmetics BuildASign Champion Performance Cost Plus World Market DeepDiscount.com 123Print Allen Edmonds Men's Shoe AVG Technologies Bicycle
    [Show full text]
  • Media Corporate IR
    Contacts: Michael Mitchell (Media) Christopher M. Jakubik (Investors) 847-646-4538 847-646-5494 [email protected] [email protected] KRAFT HIGHLIGHTS STRATEGIC AND INTERNATIONAL GROWTH PROGRESS AT LEHMAN BROTHERS BACK-TO-SCHOOL CONSUMER CONFERENCE - 2008 Guidance Updated to $1.88 EPS, Excluding Items, Reflecting Post Cereals Split-off - 2009 Guidance of at Least $2.00 EPS (GAAP) Announced BOSTON – Sept. 3, 2008 — Today, at the Lehman Brothers Back-to-School Consumer Conference, Kraft Foods Inc. (NYSE:KFT) provided investors with an optimistic review of the company’s progress at the midpoint of its three-year turnaround plan. In particular, the company outlined advances at Kraft International, currently a $16 billion business and a key driver of Kraft’s growth plans. Management also updated financial guidance for 2008, reflecting the recent split-off of the Post cereals business, and provided initial 2009 guidance. Hitting Our Stride in 2009: At Least $2.00 Per Share “At the midpoint of our three-year turnaround, we’re successfully rebuilding our brands through investments in quality, innovation and marketing across our global portfolio,” said Irene Rosenfeld, Chairman and Chief Executive Officer. “We’ve rejuvenated some of our biggest businesses and created new incremental platforms that we can leverage across brands and categories. As a result, our brands are more relevant to consumers, who are seeking value during tough times. Rebuilding our brands combined with improved execution at retail have been key to driving solid volume and mix growth despite significant cost-driven price increases.” Rosenfeld continued, “Most importantly, we’re delivering improved financial results.
    [Show full text]
  • Dow Jones Quiz
    Name ________________________________ Date ________ DOW JONES POP QUIZ DIRECTIONS: Try to identify the following companies that are in the Dow Jones Industrial Average. 1. _____________ I'm a major telecommunications giant, and one of my initials stands for telegraph. 2. _____________ I was founded in 1837. Some of my 250 plus brands are Tide, Crest, Folgers, Mr. Clean, Cover Girl, Ivory, Pepto-Bismol, Pantene, Pampers and Bounty. 3. _____________ I've made and sold everything from light bulbs to dishwashers to aircraft engines. I even bought NBC. 4. _____________ I've made a lot of money since 1923 with a couple of mice, a few ducks and now ABCbroadcasting. 5. _____________ I was founded in 1886. Some of my best-known brands include Band-Aids, Tylenol, Motrin, Neutrogena, Mylanta, Reach and Acuvue. 6. _____________ Founded in Arkansas, I employed more than a million people in more than four thousand superstores around the world. 7. _____________ My spokesman is a big clown. 8. _____________ I am the world’s second largest food company with annual revenues of $54.4 billion. If you have ever eaten Oreo’s, Chips Ahoy, or Jell-O; had a drink of Tang, Kool-Aid, or Capri Sun; or chewed a stick of Dentyne, Trident, or Stride gum; you know my products very well. 9. _____________ Don't leave home without me. 10. _____________ Based in Atlanta, I sell 3 trillion ounces of beverages each year and plan to increase that number. 11. _____________ Known mostly for my software, I'm one of the most valuable companies on earth.
    [Show full text]