Stocks in the News: Kraft Foods, Cadbury, Google, Ford


The following is a round-up of news likely to affect stock prices today:

It appears Cadbury (CBY) shareholders were just as displeased as company management by Kraft Foods' (KFT) latest bid for the British chocolate maker. Kraft said Wednesday that its approximately $16 billion offer received support from just 1.5% of Cadbury shareholders. The vote was held Tuesday, the original deadline set by Kraft for Cadbury to accept its November offer. As expected, Kraft extended the offer window until Feb. 2. Kraft boosted the amount of cash in its offer Tuesday, after agreeing to sell its U.S. pizza business to Nestlé for $3.7 billion.