Shares of Kraft Heinz Co (NASDAQ:KHC) ended Thursday session in red amid volatile trading. The shares closed down -0.98 points or -1.09% at $88.57 with 1.41 million shares getting traded. Post opening the session at $89.23, the shares hit an intraday low of $88.41 and an intraday high of $89.43 and the price vacillated in this range throughout the day. The company has a market cap of $108.23 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 Blue Buffalo Pet Products Inc (NASDAQ:BUFF) ended Thursday session in red amid volatile trading. The shares closed down -0.12 points or -0.50% at $23.88 with 1.30 million shares getting traded. Post opening the session at $23.93, the shares hit an intraday low of $23.65 and an intraday high of $24.07 and the price vacillated in this range throughout the day. The company has a market cap of $4.71 billion and the numbers of outstanding shares have been calculated to be 196.44 million shares.
On Sept. 23, 2016 Lt. Governor Eric Holcomb presided over ground breaking for Blue Buffalo Co.’s (BUFF) newest Heartland manufacturing and R&D facility to be located in Richmond, IN.
“We are proud to be expanding our U.S. pet food manufacturing and R&D capabilities here in Richmond, IN. Richmond and the surrounding communities have both the people and the “can do” attitude that it takes to help us meet the growing demand for our natural pet food products,” said Bill Bishop, Chairman and Founder at Blue Buffalo.
“Job creators across the country continue to choose Indiana because of our low-costs, minimal regulations and highly-skilled Hoosier workforce,” said Lt. Governor Holcomb. “Our business climate has earned national recognition as companies like Blue Buffalo are choosing to grow in Indiana; contributing to the nearly 150,000 new Hoosier jobs added since 2013. We’re glad to have Blue Buffalo in Indiana and look forward to many years of continued success for our newest Hoosier company.”