Kraft Foods Inc.’s 2Q net income rose 13.3 percent

Loukoumia (Greek Delight) – Food at the Brisbane Paniyiri 2007 – Musgrave Park, South Brisbane, Queensland, Australia 070519-15
Greece food
Image by David Jackmanson

Kraft Foods Inc.’s 2Q net income rose 13.3 percent
Kraft Foods Inc.’s second-quarter net income grew 13.3 percent, but the nation’s largest food maker said Thursday that it sold less food in North America and it trimmed its sales forecast in the face of rising competition.
Read more on AP via Yahoo! News

Honey Puffs – Food at the Brisbane Paniyiri 2007 – Musgrave Park, South Brisbane, Queensland, Australia 070519-17
Greece food
Image by David Jackmanson