Friday, September 08, 2006

Kraft House Cleaning

The world awaits Altria's (NYSE:MO) and Kraft's (NYSE:KRF)next move on the further disposition of Kraft. In the meantime the former President of Kraft "Roger Deromedi" reaches agreement on his termination. (You do need to tidy up matters such as those). Roger Deromedi bailed in early June to pursue other interests. In the meantime the market is somewhat disappointed with Altria's dividend announcement. Have we slipped a gear or two?