Kraft to Issue $3 Billion of Notes and General Mills to Web Cast Two Analyst Presentatio

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City of Industry, CA --(www.USEquityNews.com)-- 12/13/2007 - Consumer Goods industry alert provided by U.S. Equity News. Food and beverage company Kraft Foods Inc. (NYSE: KFT) said in a regulatory filing recently it expects to issue $3 billion of notes under an indenture from 2001 with the Bank of New York. The notes include $2 billion of 6.125 percent notes due in 2018 and $1 billion of 6.875 percent notes due in 2038, according to a filing with the Securities and Exchange Commission. Interest on the notes is payable on Feb. 1 and Aug. 1, beginning Aug. 1, 2008, to record holders on the preceding Jan. 15 or July 15.


PepsiCo (NYSE: PEP) recently announced the appointment of Dr. Mehmood Khan to the newly-created position of chief scientific officer, reporting to Indra Nooyi, chairman and chief executive officer. Dr. Khan brings to PepsiCo over 20 years of experience in the medical and pharmaceutical field. Most recently, he served as president, Takeda Pharmaceuticals Global Research and Development Center.

General Mills (NYSE: GIS) will web cast its investor briefing on second-quarter fiscal 2008 results Wednesday, December 19, 2007. This event will be web cast live beginning at 8:30 a.m. EST. In addition, the company will web cast an analyst presentation scheduled for Friday, January 11, 2008, beginning at 8:00 a.m. EST. Both of these presentations can be accessed on the Internet at www.generalmills.com.

NutraCea (OTCBB: NTRZ) a world leader in stabilized rice bran (SRB) nutrient research and technology announced recently financial results for the third quarter and nine months ended September 30, 2007. The Company reported consolidated net revenues of $1.5 million for the third quarter of 2007 compared to net revenues of $4.9 million for third quarter 2006, a decrease of $3.4 million. Gross product sales were reported at $3 million, excluding a product sales return of $1.5 million.

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