Humans are nothing if not pattern recognition machines. Even in random data, we see patterns. So Bloomberg’s report that Jorge Paulo Lemann’s 3G is expected by some to be ready to do another large deal is no surprise. Never mind that the supposition is based on a mere two data points: two years separated 3G’s 2013 acquisition of… Read More »
Who needs the Dow Jones Industrial Average anyways? Shortly after parent company Kraft Foods (KFT) got the boot from the DJIA, it was announced that post spinoff, the Kraft Foods Group (the North American Grocery spinoff) will become a member of the S&P 500. Kraft will replace coal producer Alpha Natural Resource (ANR) which just happens to be one of the worst… Read More »
Well that was quick. In what looks to be the briefest stint in modern history (maybe even of all time?), Kraft Food’s (KFT) days as a member of the Dow Jones Industrial Average are coming to an end. A mere four years after usurping AIG’s (AIG) spot in the index, the food conglomerate will be replaced by the… Read More »