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Home  »  Kraft Posts Better Than Expected Results

Kraft Posts Better Than Expected Results

Kraft Foods posted better than expected first quarter results before the market opened. The company earned $.45 per share, while Wall Street was only expecting earnings of $.40 per share.

 

The market has responded positively to the earnings beat, sending KFT shares up 6.8% to $25.90 in mid-morning trading.

 

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