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Moody's Investors Service on Thursday revised its ratings outlook on Kraft Foods to positive from developing

SAN FRANCISCO (MarketWatch)
Moody's Investors Service on Thursday revised its ratings outlook on Kraft Foods to positive from developing
Kraft plans to separate its snacks and grocery units before yearend
Moody's said Kraft's snacks business, to be renamed Mondelez International, "will have a somewhat stronger credit profile than Kraft current does."
Brands for Mondelez will include Cadbury, Oreo and Tang
Posted by El Genio at viernes, junio 01, 2012

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