(Reuters) - "There are rumors circulating this week that ... Berkshire
Hathaway may be building a stake in food-maker Kraft Foods,"
said Andrew Wilkinson, senior market analyst at Interactive
Brokers Group. "We're unsure of the foundation of this rumor."
Shares of Kraft, known for brands including Maxwell House,
Nabisco and Oscar Mayer, trade at about 18.7 times next year's
estimated earnings. They edged up 15 cents, or 0.45 percent, to
close at $33.84 on the New York Stock Exchange.
Read more at Reuters.com Business News
Hathaway may be building a stake in food-maker Kraft Foods,"
said Andrew Wilkinson, senior market analyst at Interactive
Brokers Group. "We're unsure of the foundation of this rumor."
Shares of Kraft, known for brands including Maxwell House,
Nabisco and Oscar Mayer, trade at about 18.7 times next year's
estimated earnings. They edged up 15 cents, or 0.45 percent, to
close at $33.84 on the New York Stock Exchange.
Read more at Reuters.com Business News
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