Kraft, Sara Lee say turnaround efforts are succeeding

In addittion to all press about corn and wheat prices which affect Kraft and SaraLee they are now exposed to sugar as well.    The explosion at Savannah which will keep that refinery off line for at least a year (and maybe forever) destroyed almost 10% of the U.S. refining capacity.  Their are only 8 cane refineries in the U.S, and now only 7 are operable. Recall after Katrina...

Kraft has the opportunity now to fix the price of cheese to the advantage of the organization. The National Cheese Exchange is to be manipulating prices. If Kraft can negotiate with the National Cheese Exchange the move would allow for Kraft to stabilize their cost and add more to the bottomline if a deal can be reached. Kraft is a household name and have enough business savvy to make head way in...

Kraft and Sara Lee executives recently spoke at analyst conference concerning their recent improvements to drive sales growth and improve operating margins.Both suggested the progress is real and sustainable.   Kraft highlighted new products and headcount reduction as keys to their progress.New products are clearly needed and our key to drive future sales growth.The job cuts they mentioned are...