Today Kraft Foods (KFT) spins off its global snack business, Mondelez Foods, to investors as a separate publicly traded company under the ticker MDLZ. “Why are they doing this?” Because when you’re as big as Kraft Foods, you get bored and run out of things to do. You certainly can’t grow any larger so the…
$KFT
Welcome to My World
Cartoon.
The Safety Trade Worked All Week
Capital flows to where it’s treated best. This week, it flowed into safer names.
Hot Links: The Myth of the Kill Switch
Some links I’m reading this morning…
O-Regional Gangsters
Regional Banks are movin’ and groovin’ lately, here are some possible reasons why…
A European Buyout Frenzy?
The Boston Consultant Group is out with a survey that indicates 1 in 5 European companies is planning to do a deal in 2010, and that percentage jumps to 1 in 2 companies with market caps in excess of €20 billion.