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Good day, ladies and gentlemen, and welcome to Kraft Foods Group First Quarter Results Conference Call. At this time, all participants are in a listen-only mode. Later, we will conduct a question-and-answer session and instructions will follow at that time.
Berkshire joins forces with 3G Capital to facilitate merger.
We saw a higher level of trading by our top managers in the most recent period.
DIRECTV stands out among Berkshire's fourth-quarter stock purchases; IBM and Wells Fargo are other big buys.
The consumer defensive category offers value and stability in a volatile market.
Though jobs and credit continue to be scarce, we are still on the path of a slow recovery, say Osterweis managers Carl Kaufman and Matthew Berler.