Moody's revises its outlook on Kraft (KFT -0.2%) to Positive from Developing after sizing up its...

|By:, SA News Editor

Moody's revises its outlook on Kraft (KFT -0.2%) to Positive from Developing after sizing up its plan to split its snack business and grocery business. The agency says the Mondelez snacks company will emerge with the stronger credit profile of the pair.