NASDAQ:KHC - Nasdaq - US5007541064 - Common Stock - Currency: USD
Let's have a look at what is happening on the US markets on Monday. Below you can find the S&P500 stocks with an unusual volume in today's session.
Curious about the most active S&P500 stocks in today's session? Join us as we explore the US markets on Friday and uncover the stocks that are leading the way in terms of trading volume and market attention.
Warren Buffett touted the chance to bring “iconic brands together” in 2015 when he backed the creation of Kraft Heinz Co. The plans to split up many of those brands a decade later represent a rare flop for the famed investor.
Dozens of U.S. ice cream producers are planning to remove artificial colors from their products by 2028, the International Dairy Foods Association said on Monday.
John Arnold, billionaire co-founder of Arnold Ventures, talks about the debt and deficit challenges in President Donald Trump's tax and spending bill. (Source: Bloomberg)
Mentions: TSLA
Kraft Heinz Co. is reportedly exploring a significant corporate restructuring, potentially splitting into two entities: a grocery division and a Taste Elevation segment.
Mark Zuckerberg is dropping a lot of cash to be the first to create superhuman AI. So far, his tactics to attract talent are working, says Bloomberg Opinion columnist Parmy Olson. (Source: Bloomberg)
The Heinz ketchup and Oscar Mayer hot dogs featured at barbecues this summer are owned by the same company. Next summer, that might not be the case. Kraft Heinz Co. is preparing to break itself up and spin off a large part of its business into a new entity, people familiar with the matter said Friday. The packaged foods company had said in May it was considering “potential strategic transactions,” but hasn’t said which brands it might separate. Bloomberg's Jen Bartashus reports. (Source: Bloomberg)
In light of the breakup rumors at Kraft Heinz, some analysts are highlighting the increased risk of Berkshire selling the stock.
Mentions: JPM
The Heinz ketchup and Oscar Mayer hot dogs featured at barbecues this summer are owned by the same company. Next summer, that might not be the case.
Stocks dip after President Donald Trump continues to insist on wielding his tariffs, provoking further uncertainty on where his rates may settle and which countries may cut a trade deal. Fed Chair Jerome Powell's job is cast into further doubt amid criticism from Washington. Elon Musk suggests Tesla shareholders will be polled on investing in xAI. Isabelle Mateos Y Lago of BNP Paribas says investors should begin to see tariff impact showing up in inflation data ahead of a fresh read on US CPI on Tuesday. Sarah Bianchi of Evercore ISI says she doesn't believe President Trump will put all of his proposed tariffs in place. “Bloomberg Brief” delivers the market news, data and analysis you need to set your agenda. (Source: Bloomberg)
Apple CEO Tim Cook and Senior Vice President of Services Eddy Cue are attending the 2025 Allen & Company Sun Valley Conference in Idaho, joining...
Kraft Heinz weighs grocery spin-off valued at up to $20 billion, aiming to refocus on growth categories like condiments amid shifting consumer tastes, WSJ reports.
However, the structure of the deal could change and there is no guarantee Kraft Heinz would move forward with any such deal, the source said. News of the potential move is the second effort this week by a storied U.S. company looking to shore up shareholder value as shoppers ditch their pricey products in an uncertain economy. "As announced in May, Kraft Heinz has been evaluating potential strategic transactions to unlock shareholder value," a company spokesperson said.
Mentions: KLG
Kraft Heinz Co. is preparing to split off a chunk of its grocery business into a new entity, the Wall Street Journal reported Friday, citing people familiar with the matter.
Kellogg shares rocketed higher after the company announced it was being acquired for $23. Shares of cereal maker WK Kellogg (NYSE: KLG) rose 34% this week as of noon E.T. Thursday, according to data provided by S&P Global Market Intelligence. One week after being added to a slew of Russell Value indexes, it turns out WK Kellogg was indeed a good value investment -- at least in the eyes of Ferrero.
Italy-based NewPrinces is acquiring five brands: Plasmon, Nipiol and Dieterba infant food; plus gluten-free brand Biaglut and low-protein products sold under the Aproten brand.
Tamer Abuaita succeeds Doug Owenby, who served as interim COO during Novolex’s integration with Pactiv Evergreen.
Stocks that have been smacked down sometimes make good comeback candidates. On my quarterly Casualty List this quarter are four stocks, including Kraft Heinz.