KHC Stock Recent News
KHC LATEST HEADLINES
CHICAGO--(BUSINESS WIRE)--Since the early 2000s, Capri Sun lovers have been more than sipping – they've been stitching, transforming the iconic silver pouch into a fashion statement. From YouTube videos to TikTok tutorials, the trend has turned generations of fans into at-home designers, reinforcing the pouch's iconic status as a style statement. In celebration of this decades-long fan ingenuity, the brand has joined forces with American fashion legend Christian Siriano to create the Capri Sun.
During times of turbulence and uncertainty in the markets, many investors turn to dividend-yielding stocks. These are often companies that have high free cash flows and reward shareholders with a high dividend payout.
When Kraft Heinz announced it would split into two companies, the move was billed as a chance to unlock value and sharpen strategy. But the anticipated cost-cutting and portfolio shuffling has already failed to deliver growth for the company.
Boston, MA – Today, the Kraft Center for Community Health at Mass General Brigham announced that the winner of the inaugural Kraft Prize for Excellence and Innovation in Community Health is ThriveLink, a telephonic AI enrollment solution that empowers families to verbally complete and submit applications for safety-net programs like health insurance, food stamps and utility assistance. The St. Louis-based organization was selected for the $100,000 national prize from nearly 150 applications submitted from across the country, all of which were dedicated to the idea of making a transformative or innovative impact on health outcomes in their communities.
Kraft Heinz's announcement this month that it would split was a belated acknowledgment that the Velveeta cheese and Heinz ketchup maker had missed consumers' years-long shift away from processed foods, a trend that is now accelerating under a new push from the federal government and states including California.
Mario Gabelli, GAMCO Investors chairman and CEO, joins 'Squawk Box' to discuss the latest market trends, Warren Buffett's public criticism of Kraft Heinz, sports investing, media landscape, celebrating 30 years of Squawk Box, and more.
In the closing of the recent trading day, Kraft Heinz (KHC) stood at $26.9, denoting a -1.43% move from the preceding trading day.
Constellation Brands (STZ 1.69%) and Kraft Heinz (KHC 1.22%) were both once considered stable blue chip stocks. Constellation is one of the world's largest producers of beers, wines, and spirits.
In a move that many thought could be coming, Kraft Heinz's (KHC 1.17%) management team has chosen to split into two. One company, Global Taste Elevation Co., will comprise the faster-growing sauces and condiments products.
Alex Crippen on the latest Warren Buffett news for the Warren Buffett Watch newsletter.