Kraft (KFT) +2.1% premarket after raising its FY '09 outlook last night to EPS of $2.00 (vs....

|By:, SA News Editor

Kraft (KFT) +2.1% premarket after raising its FY '09 outlook last night to EPS of $2.00 (vs. $1.97 prior estimate) on strong operating gains. Taking a jab at Cadbury (CBY) or perhaps going on the defensive, CEO Irene Rosenfeld says Kraft is ready to "deliver sustainable top-tier performance," with or without the U.K. confectioner.