Shares in Kraft had a good day in New York and continued to rally into the afterhours session.
FORBES: Kraft To Fire 1600 To Slim Down, Extend Reach Post-Split
The sell-off in Kraft drags the stock back into oversold territory for the first time since the beginning of the month.
On Thursday, Warren Buffett's Berkshire Hathaway announced it took a 132.4 million stake in Kraft Foods, making Berkshire the largest single shareholder.
Warren Buffett, a celebrated American investor and the holder of a stake of almost 10% in Kraft, fired an unexpected salvo of his own on January 5th.
Some of the pessimism is based on worries about pressure on the stock as its former parent company, Altria Group, continues to unload its remaining 87.6% interest in Kraft.
Shares in Kraft Foods and maker of the staple food for all age groups, hit the highest price in four years this week as demand grew on guarded optimism over economic recovery.
On Thursday, Warren Buffett's Berkshire Hathaway (nyse: BRKA - news - people ) announced it took a 132.4 million stake in Kraft Foods (nyse: KFT - news - people ), making Berkshire the largest single shareholder.
Kraft sold its 85% stake in Beijing Kraft a couple of years ago.
IreneRosenfeldIrene Rosenfeld, Kraft's chief executive, said that market shares were under pressure in the quarter because many competitors lagged Kraft in instituting price increases.
Irene Rosenfeld , Kraft's chief executive, said that market shares were under pressure in the quarter because many competitors lagged Kraft in instituting price increases.
In 1971 Kraft brought home a present for his four sons: season tickets for the Patriots.
In 1975 Kraft bought his first sports franchise, the Boston Lobsters, a tennis team that featured a young Martina Navratilova.
Top-ranked Inbee Park, coming off a victory two weeks in the Kraft Nabisco Championship, was 3 under after a 71.
Terry's was taken over in 1993 by Kraft, which closed the factory in 2005 and moved production to other plants in Europe.
BBC: Terry's chocolate factory in York starts to be demolished
In 2005 he bought a Kraft Foods yogurt plant in a neighboring town and worked on perfecting the recipe for Greek-style yogurt.
In return for the 25% stake Kraft had bought in United Biscuits in April 2000, the Northfield, Illinois-based food company also gets the rights to all Nabisco trademarks, including Ritz crackers, in the EU, Eastern Europe, the Middle East and Africa.
With his on-field team in place, Kraft set out to build a new stadium.
In March, Kraft Foods announced plans to move Latin American headquarters, with 130 positions, from Rye Brook, N.
UnitedHealth Group is replacing Kraft in the Dow Jones Industrial Average.
FORBES: UnitedHealth (And Not Apple) Replaces Kraft In The DJIA
Phone calls to spokespeople for Nestle and Kraft in China were not answered.
Samuel Eto'o was repeatedly denied by keeper Thomas Kraft in an open match.
In business, Kraft picked up methods he later would apply to the team.
Among the largest underlying components of XLP, in trading today Kraft Foods ( KFT) is up about 0.3%, and CVS Caremark ( CVS) is lower by about 1%.
She has never missed the cut in eight majors, and first hit the headlines when she tied for ninth as a 13-year-old in the 2003 Kraft Nabisco Championship.
Bayern's stylish approach play continued to be undermined by their sloppiness in defence and Kraft again came to the rescue to parry Eto'o's fierce effort, with Cambiasso spooning the rebound over with the goal at his mercy.
Among the largest underlying components of HDV, in trading today Kraft Foods Incorporated ( NYSE: KFT) is trading flat, Southern Company ( NYSE: SO) is up about 1.1%, and Exelon Corporation ( NYSE: EXC) is up by about 1.1%.
Among the largest underlying components of XLP, in trading today Kraft Foods, Inc. ( NYSE: KFT) is up about 0.9%, CVS Caremark Corporation ( NYSE: CVS) is up about 2.5%, and Colgate-Palmolive Co. ( NYSE: CL) is up by about 1%.
Among the largest underlying components of IWB, in trading today Kraft Foods, Inc. ( NYSE: KFT) is up about 0.9%, Bank of America Corp. ( NYSE: BAC) is up about 2%, and Hewlett-Packard Co ( NYSE: HPQ) is higher by about 1.6%.
Among the largest underlying components of IWD, in trading today Kraft Foods Incorporated ( NYSE: KFT) is off about 1.3%, Goldman Sachs Group Incorporated ( NYSE: GS) is off about 3.1%, and Hewlett Packard Company ( NYSE: HPQ) is lower by about 1.6%.
FORBES: iShares Russell 1000 Value Index Fund Experiences Big Inflow
Among the largest underlying components of IWD, in trading today Kraft Foods Incorporated ( NYSE: KFT) is down about 0.2%, Goldman Sachs Group Incorporated ( NYSE: GS) is down about 0.3%, and UnitedHealth Group Inc. ( NYSE: UNH) is higher by about 0.8%.
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