SmarTrend(R) DOWNTREND Alert: Kraft Foods (NYSE:KFT)

than-expected results from Walt Disney and Kraft Foods and a selloff in the banking sector. (DIS) and Kraft Foods (KFT) and ongoing concerns about the economy led to profit taking late in the session. It crackers to Nutri-Grain bars. Its results come after rivals Kraft Foods Inc. (KFT: The company spun out Kraft Foods (KFT) in 2007 and Phillip Morris International in 2008. Mart discounted flat-panel TVs, Kraft Foods Inc.’s DiGiorno frozen pizzas and PepsiCo Inc. The gauge of 23 developed countries has retreated 8.1 percent this year as companies from Kraft Foods Inc. Clark Corp. to miss sales forecasts and prompted both P&G and Kraft Foods Inc. Turnaround Still With Holes KFT reported a 6.2% increase in 4Q08 revenues to $10.8 billion. selling the site to advertisers for the past four months. Several advertisers have signed up, including Kraft Foods' Crystal Light beverages. Consumers may be returning to grocery stores but they are not racing for name-brand products, food makers Kraft Foods Inc. The gauge dropped 0.8 percent yesterday after disappointing earnings at Kraft Foods Inc. and Walt Disney Co. quarter numbers from Kraft Foods Inc., Walt Disney Co. and Time Warner Inc. Kraft Foods Inc., the world's No. than-expected fourth-quarter numbers from Kraft Foods Inc., Walt Disney Co. and Time Warner Inc. Walt Disney, off 6.5%, and Kraft Foods, off 8.4%, fell after weak earnings reports. Kraft Foods now expects 2009 EPS of $1.88 per share, vs. consensus of $2.02 per share.

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