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Companies in Brief

This article was originally published in The Public Ledger

KRAFT Foods has raised the price of its Maxwell House and Yuban coffee in the US for the third time this year as the cost of beans surged. Ground coffee prices were boosted by 12%, or 35¢ a pound, and instant coffee rose 4%, said Bridget MacConnell, a Kraft spokeswoman, due mainly to a "significant and sustained" jump in commodity costs.

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