Get Quote: KFT
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After years of bulking up, Kraft Foods will spend most of the coming year splitting itself in two. Management's plan is to create a global snacks business, home to such brands as Oreo cookies, Trident gum and Cadbury chocolates, with revenue of $32 billion. It will also create a North American grocery company, including such brands as Jell-O desserts, Oscar Mayer processed meats and Kraft macaroni and cheese, with revenue of $16 billion. The company surmises that its cash cow business, groceries, and its growth business, snacks, will be worth much more independent from one another. |
Industry: Food Consumer Products
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| Rank # of Fortune 500 Companies | |
|---|---|
| California | 53 |
| Texas | 52 |
| New York | 50 |
| Company | Rank |
|---|---|
| 73 | |
| NetApp | 474 |
| NuStar Energy | 377 |