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Kraft’s (KFT) Latest Chess Move: Up Guidance Ahead Of Cadbury Bid

247Wallst | Tue, 11/03/2009 - 5:38pm |  Add a comment

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Kraft (NYSE:KFT) improved is chances of making a viable bid for Cadbury before the UK government deadline of November 9. The US company beat expectations and raised guidance. Its shares dropped 2% to $27.10, probably because the company’s shareholders feel that they are better off without the
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