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Kraft's Pricing Power Is Unmatched By Peers in Fourth Quarter; Waiting Patiently for the Break Up

publication date: Feb 21, 2012
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Kraft posted solid fourth-quarter results that showed tremendous pricing power, which offset declines in volume. Though we liked the quarter, we remain on the sidelines with respect to Kraft's shares until after the company separates the firm into two entities later this year: a global-snacks company and a North American grocery products firm.

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