Tag Archives: Divorce
The Financial Impact of Divorce at Retirement Age
Figuring out an economic plan for the future after divorce can be complicated for people at or near retirement age, but a skilled divorce attorney can help people through the process.
Top Lifestyle > Retirement News Articles
Cramer’s Mad Money – Kraft’s Amicable Divorce (11/10/11)
By Miriam Metzinger:
Stocks discussed on the in-depth session of Jim Cramer’s Mad Money TV Program, Thursday November 10.
The Redemption of Kraft (KFT). Other stocks mentioned: McDonald’s (MCD), Darden Restaurants (DRI), Chipotle Mexican Grill (CMG), Yum Brands (YUM)
Cramer released Kraft (KFT) CEO Irene Rosenfeld from his Wall of Shame for good behavior. After years of underperformance, Kraft is making the smart move of splitting into two companies. Cramer compared Kraft as it is to a bad marriage that desperately needs a divorce, with both segments functioning more effectively if divided. Cramer criticized Rosenfeld for the acquisition of Cadbury at too high a price. With the split of the company, Kraft can better utilize its Cadbury assets. One segment is the snack business with brands like Oreo, Trident, Wheat Thins and the candy brands from Cadbury. The other segment are more steady, slower growth brands like Philly Cream Cheese, Velveeta, Kraft Macaroni
