Kraft Foods reports EPS of 72 cents on $4.35B in revenue

Wall Street expected Kraft Foods Group to deliver quarterly earnings per share of 81 cents on $4.43 billion in revenue, according to consensus estimates from Thomson Reuters. His Berkshire Hathaway company will have $9.5 billion worth of common stock in the new company to be headed by Heinz Chief Executive Bernardo Hees. Read More Buffett's HJ Heinz to merge...