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By Victoria Howley and Jessica Hall LONDON/PHILADELPHIA, Nov 20 (Reuters) - Goldman Sachs, Morgan Stanley and UBS secured the coveted roles defending Cadbury against Kraft's $16.7 billion hostile offer, but the Rothschild...
Baltimore Business Journal - by Keeley Asset Management Corp., which manages four mutual funds, boosted its stake in the Baltimore money manager to 1.2 million shares as of Sept. 30, up from 200,750 shares on June 30, according...
LONDON (MarketWatch) -- Hedge funds and short-term investors are counting on Kraft Foods Inc (KFT) improving its offer for Cadbury PLC (CBY), but if it doesn't they may have to take a hit and accept whatever is on offer.
The Crunchie fan may claim to be 'like a kid in a candy shop' - but others see him as taciturn, quiet, serious and work-focused Todd Stitzer, the chief executive of Cadbury, is, it is fair to say, definitely no Milk Tray Man....
Investor doesn't want to break up units, Fetting says Legg Mason Chief Executive Officer Mark R. Fetting said Wednesday that activist investor and new board member Nelson Peltz is not interested in breaking up the Baltimore...
Yes, it operates in many economically stressed communities. And in the fast-food industry, it sure looks like Arby's has been one of the losers of this recession. (The conceit of this ad in the early 1980s -- that Arby's stands...
In a profile of herself on Kraft’s Web site the food giant’s chief executive Irene Rosenfeld writes that growing up she was extremely athletic, played four varsity sports in high school – and was very competitive. She even...
Fate of hundreds of British workers hangs on the decision of major shareholders Warren Buffett and Nelson Peltz The fate of Cadbury as a proudly independent confectioner, and the security of hundreds of jobs in the UK and...
Some companies came through the recently ended recession with flying colors. In the fast-food realm, we've argued, McDonald's was a victor. But in a time of pinched consumer spending, business has frequently been a zero-sum...
Baltimore money manager Legg Mason Inc.'s board of directors approved Tuesday a senior executive plan designed to establish accountability in investment performance, net flows and operating margins for the firm's top management.
