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Kraft Heinz posts $8 billion profit, but misses 4Q forecasts

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Kraft Heinz Co. is reporting a fourth-quarter profit of $8 billion.

The company, with headquarters in Chicago and Pittsburgh, said Friday it had profit of $6.52 per share. Earnings, adjusted for pretax gains, came to 90 cents per share.

The results fell short of Wall Street expectations for of...


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