Kraft Foods Inc. plans to split into two publicly traded companies, with one concentrating on snacks while the other focuses on the North American grocery business.
The move comes at a time when more and more companies, including Wal-Mart Stores (...)
Kraft Foods Inc. said Tuesday its fourth-quarter profit more than tripled on strength in developing markets and continued benefits from its restructuring plan to focus more on its money-making products.
The food maker, which is buying British candy (...)
