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Kraft Predicts 2012 Earnings Increases

Kraft Foods Inc. expects earnings to rise at least 9% this year even as it prunes its portfolio of North American brands. The Northfield, Ill.-based company, which will separate into two companies later this year, forecast 2012 net revenue growth of about 5%, including a hit of up to one percentage point from "product pruning" in North America.

Read the whole story at The Chicago Tribune »

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