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Kraft, another major player in the food industry, also had a solid performance, up more than 26% as the company gears up to split up into two separate, independent entities.
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Kraft Foods, the maker of everything from Easy Mac to Oreo cookies, plans to split up into two businesses Thursday, and based on the current landscape in the global economy one may be much more attractive than the other.
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But the problems haven't abated, and two years ago Panic and his management agreed to split the company up into three arms--one in Europe, one in America and a new company, Ribapharm (nyse: RNA - news - people ), to handle its booming anti-virals business, including Ribavarin.
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