Kraft Heinz is halting plans to split into two companies, CEO Steve Cahillane aiming to focus resources on profitable growth. Shares dropped 5.2% as quarterly and annual results were lower. The split was announced in September, with one company including strong brands like Heinz, and the other slower-selling brands. The company will now invest $600 million in marketing, sales, and product development, confident in its potential for profitable growth.

Read more at Yahoo Finance: Kraft Heinz pauses plans to split into 2 companies, says its problems are ‘fixable’