Shares of Kraft Heinz Co (NASDAQ:KHC) ended Wednesday session in red amid volatile trading. The shares closed down -0.59 points or -0.67% at $87.68 with 1.91 million shares getting traded. Post opening the session at $88.13, the shares hit an intraday low of $87.38 and an intraday high of $88.82 and the price vacillated in this range throughout the day. The company has a market cap of $106.41 billion and the numbers of outstanding shares have been calculated to be 1.22 billion shares.
Kraft Heinz Co (KHC) manufactures and markets food and beverage products in the United States, Canada, Europe, and rest of world. The companys products include condiments and sauces, cheese and dairy products, meals, meats, refreshment beverages, coffee, snack nuts, dressings, packaged dinners, infant/nutrition products, and other grocery products. It offers its products under various brand names, including Kraft, Oscar Mayer, Heinz, Planters, Velveeta, Philadelphia, Lunchables, Maxwell House, Capri Sun, Ore-Ida, Kool-Aid, Jell-O, Cracker Barrel, Tassimo, Plasmon, Lea & Perrins, ABC, Master, Quero, Golden Circle, Wattie’s, and Complan.
Shares of Molson Coors Brewing Co (NYSE:TAP) ended Wednesday session in green amid volatile trading. The shares closed up +0.82 points or 0.81% at $102.36 with 1.85 million shares getting traded. Post opening the session at $101.71, the shares hit an intraday low of $101.71 and an intraday high of $103.15 and the price vacillated in this range throughout the day. The company has a market cap of $21.53 billion and the numbers of outstanding shares have been calculated to be 193.92 million shares.
On August 11, 2016 Molson Coors Brewing Company (TAP) announced that payments technology executive Betty DeVita has joined its board of directors. Her nomination was approved at the Company’s most recent Annual Stockholder meeting.
DeVita is the chief commercial officer, Commerce Platform, at Mastercard, focused on expanding adoption of the company’s digital solutions. Mastercard operates the world’s fastest payments processing network, connecting consumers, financial institutions, merchants, governments and businesses in more than 210 countries and territories.
“We welcome Betty to our board and look forward to benefitting from her extensive experience leveraging consumer insights and digital commerce,” said Geoff Molson, Chairman of Molson Coors Brewing Company. “She brings tremendous capabilities in the areas of global brand building, innovation and building value-added partnerships around the world, all of which are essential ingredients in our pursuit of becoming the first choice for consumers and customers.”