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The Latest Breaking News from Kraft Heinz

Top UK food firms urged to do more to cut ‘staggering’ emissions

Food campaign Bite Back says 10 firms account for more carbon emissions globally than aviation industry

The Guardian - UK

Is Kraft Heinz Stock Underperforming the S&P 500?

Kraft Heinz underperformed the broader S&P 500 Index this year, but Wall Street analysts remain moderately optimistic about the stock’s prospects.

Barchart

Kraft Heinz Stock: Analyst Estimates & Ratings

Kraft Heinz has underperformed the broader market over the past year, yet analysts remain moderately bullish on the stock’s prospects.

Barchart

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Earnings Preview: What to Expect From Kraft Heinz's Report

Kraft Heinz is gearing up to announce its second-quarter results at the end of this month, and Wall Street analysts forecast a single-digit decline in the company’s bottom-line figure.

Barchart

How Is Kraft Heinz's Stock Performance Compared to Other Food and Beverage Stocks?

Kraft Heinz has recently underperformed other Packaged Food stocks, but Wall Street analysts anticipate a modest upside for the stock.

Barchart

This Underperforming S&P 500 Stock Is One of Warren Buffett’s Biggest Mistakes

Kraft Heinz, whose biggest stockholder is Berkshire Hathaway, is among the worst-performing S&P 500 stocks. Buffett has admitted to a mistake in valuing the company - and the food giant still does not look a compelling buy, despite the perennial underperformance.

Barchart

Stock Index Futures Slip as Investors Await Fed Rate Decision, U.S. PMI and Jobs Data on Tap

June S&P 500 E-Mini futures (ESM24) are down -0.42%, and June Nasdaq 100 E-Mini futures (NQM24) are down -0.73% this morning as mixed earnings and the prospect of higher-for-longer U.S. interest rates weighed on sentiment, with all eyes on the Federal Reserve’s interest rate decision due later in the day.

Barchart

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Stock Index Futures Slip as Fed Rate Decision Looms, U.S. Jobs Data on Tap

June S&P 500 E-Mini futures (ESM24) are down -0.29%, and June Nasdaq 100 E-Mini futures (NQM24) are down -0.58% this morning as the prospect of higher-for-longer U.S. interest rates continued to weigh on sentiment, with all eyes on the Federal Reserve’s interest rate decision due later in the day.

Barchart

Stock Index Futures Slip as Investors Await Fed Rate Decision, U.S. Jobs Data on Tap

Barchart

Consumer Reports asks USDA to remove Lunchables from schools' lunch menus

The group found high levels of sodium and the presence of heavy metals in meal kits it tested. A Kraft Heinz spokesperson said all of its products meet strict safety standards.

WEKU

US to spend $6bn to reduce carbon footprint of steel, ice cream and mac and cheese

Funding will go to recipients in more than 20 states in industrial sector, which is responsible for roughly 25% of US emissions

The Guardian - US

This adorable art proves that AI is no match for a kid's imagination

This Lunchables campaign has restored my faith in human creativity.

Creative Bloq

Oscar Mayer debuts plant-based hot dogs

“This is an attractive space. There is an unmet need"

Salon

Can we have our cake and eat it? Welcome to the world of sugar elimination

Our sugar problem could be solved by counteracting it after we’ve eaten it, as stomach ‘sponges’ and fibre-making enzymes head to market

The Guardian - UK

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StockNews.com

Is Kraft Heinz Q4 Earnings a Buy Signal?

While the Kraft Heinz Company (KHC) encountered declining sales in its most recent reported quarter, it is concurrently undertaking proactive measures to enhance its long-term growth prospects. In light of these developments, what to do with KHC shares? Read more to find out.

Investors Business Daily

2 Big Consumer Stocks, Loved By Warren Buffett, Diverge On Sales Amid Inflation

The beverage and snack giants are among the top five Warren Buffett stock holdings by number of shares.

TechRadar

Kraft Heinz investigating possible cyberattack

Snatch ransomware group claims to have breached Kraft Heinz’s systems, but it could just be an empty boast.

Chicago Sun-Times

Kraft debuts dairy-free mac and cheese in the US

The new recipe has the same creamy texture and flavor of the original Mac & Cheese but replaces dairy with ingredients like fava bean protein and coconut oil powder.

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Fortune

‘Greedflation’ study finds many companies were lying to you about inflation

Companies like Exxon Mobil, Shell, and Kraft Heinz enjoyed bumper profits as consumers struggled with historic inflation.

The Guardian - UK

Greedflation: corporate profiteering ‘significantly’ boosted global prices, study shows

Multinationals in particular hiked prices far above rise in costs to deliver an outsize impact on cost of living crisis, report concludes

Barchart

Thanksgiving’s Top 5 Unusually Active Options to Help You Celebrate

Thanksgiving Day has arrived. Families and friends will gather to share stories, drink, eat, and be merry. Add a dose of football watching or playing in the backyard, and you have the makings of a beautiful tradition.

Barchart

Should You Buy This Warren Buffett Stock Near 52-Week Lows for Its 5% Yield?

Legendary value investor Warren Buffett says he made a mistake in overpaying for KHC - but it's gotten quite a bit cheaper since then. Is it finally time to buy the consumer staples stock at current levels?

Investors Business Daily

Weight-Loss Drugs Aren't To Blame For The Snack Pullback. Pepsi Offers This Reason.

Weight-loss drugs aren't the reason for suppressed shopping cart spending in a shaky economy, Pepsi executives say.

WEKU

Kraft is recalling some American cheese slices over potential choking hazard

The company said one of its wrapping machines developed a temporary issue that makes it possible for a thin strip of film to remain on the slice even after it's been removed from the wrapper.

The Independent UK

Kraft recalls 83,000 cases of American cheese singles over ‘gagging’ risk

Kraft’s individually wrapped processed cheese product Kraft Singles was introduced in 1965

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