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Kraft Foods earnings, sales fall in fiscal ‘12
date:Feb 16, 2013
ing from a roughly 30% to 70% fixed income to equity mix to about an 80% fixed income 20% equity mix over the next several years, Mr. McLevish explained. As a result, well be adopting a more conservative end state expected return on asset assumption of approximately 5.5%, down from 7.75% previously.

The final post-employment benefit strategy will be a level funding strategy for pension obligations. Mr. McLevish said Kraft plans to make a $600 million contribution in 2013.

Since we generated si

12/25 01:19