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Mondelez International, Inc. stock price
Mondelez International, Inc. latest news:
'You've got to make tough decisions, but in partnership'
When Mondelez took over Cadbury's it had to make mass redundancies, but how do you do that without ruining your reputation?
BRIEF-Pershing Square Capital Management Takes Sole Share Stake In Nike, Raises Sole Share Stake In Mondelez
Nike Inc(NKE): * PERSHING SQUARE CAPITAL MANAGEMENT TAKES SOLE SHARE STAKE OF 5.8 MILLION CLASS B SHARES IN Nike Inc(NKE) - SEC FILING. * PERSHING SQUARE CAPITAL MANAGEMENT RAISES SOLE SHARE STAKE IN MONDELEZ INTERNATIONAL TO 23.3 MILLION CLASS A SHARES FROM 13.9 MILLION CLASS A SHARES.
BRIEF-Soros Fund Management Dissolves Share Stake In Mondelez Intl Incââ
Soros Fund Management: * SOROS FUND MANAGEMENT DISSOLVES SHARE STAKE IN AMAZON.COM INC - SEC FILING ââ. * SOROS FUND MANAGEMENT DISSOLVES SHARE STAKE IN MONDELEZ INTL INC. * SOROS FUND MANAGEMENT- CHANGE IN HOLDINGS ARE AS OF DEC 31, 2017 AND COMPARED WITH THE PREVIOUS QUARTER ENDED AS OF SEPT 30, 2017 Source text for quarter ended Dec 31, 2017 : Source text for quarter ended Sept 30, 2017 :
Peltz steps down from Mondelez board, Trian president to take seat
Activist investor Nelson Peltz will leave the board of Mondelez International Inc (MDLZ), but keep the seat for his hedge fund, after saying he was happy with the progress made by the confectionary company since he joined in 2014. Peltz, Trian's founder and chief executive, will step down next month in order to devote more time to the other boards he sits on.
BRIEF-MondelÄz International Declares Regular Quarterly Dividend Of $0.22 Per Share
Mondelez International Inc(MDLZ): * MONDELÄZ INTERNATIONAL DECLARES REGULAR QUARTERLY DIVIDEND OF $0.22 PER SHARE Source text for Eikon: Further company coverage:
BRIEF-Mondelēz International Declares Regular Quarterly Dividend Of $0.22 Per Share
* MONDELĒZ INTERNATIONAL DECLARES REGULAR QUARTERLY DIVIDEND
$0.22 PER SHARE
Source text for Eikon:
Further company coverage:
Oreo maker Mondelez's profit beats on higher demand for key brands
Mondelez International Inc(MDLZ), the world's No. 2 confectionary company, posted a quarterly profit that beat estimates on Wednesday, benefiting from strong demand for Cadbury Dairy Milk and Oreo cookies in Europe and growth in emerging markets. Revenue from Europe, its largest market, rose 5 percent and accounted for nearly 40 percent of total revenue.
Mondelez's profit beats on higher demand for key brands
Mondelez International Inc's(MDLZ) quarterly profit beat analysts' estimates, fueled by strong demand for its key brands like Cadbury Dairy Milk and Oreo cookies in Europe and growth in emerging markets. Shares of the confectionery, food and beverage company rose marginally in extended trading on Wednesday.
UPDATE 1-Mondelez's profit beats on higher demand for key brands
Jan 31 (Reuters) - Mondelez International Inc's
quarterly profit beat analysts' estimates, fueled by strong
demand for its key brands like Cadbury Dairy Milk and Oreo
cookies in Europe and growth in emerging markets.
Mondelez quarterly revenue rises 3 percent
Mondelez International Inc(MDLZ), the world's second-largest confectionary company, on Wednesday reported a 3 percent rise in quarterly revenue, fueled by strong demand for its key brands like Cadbury Dairy Milk and Oreo cookies. Net income attributable to the company rose to $802 million, or 53 cents per share in the fourth quarter ended Dec. 31, from $93 million, or 6 cents per share, a year earlier.
Mondelez International Inc expected to post earnings of 56 cents a share - summary
* Mondelez International Inc (MDLZ) is expected to show a rise in quarterly revenue when it reports results. * The Deerfield, Illinois-based company is expected to report a 2.6 percent increase in revenue to $6.94 billion from $6.77 billion a year ago, according to the mean estimate of 16 analysts, according to Thomson Reuters data.
Dr. Pepper Snapple and Keurig Green Mountain to merge, creating Keurig Dr. Pepper
Dr. Pepper Snapple Group Inc. and Keurig Green Mountain announced plans to merge on Monday, creating Keurig Dr. Pepper. Dr. Pepper Snapper shareholders will receive $103.75 per share as a special cash dividend and hold on to 13% of the newly-merged company. Keurig shareholders will hold the other 87%. Dr. Pepper Snapple shares shot up 39% in premarket trading after the announcement. The combined company will have pro forma revenue of about $11 billion. Keurig Dr. Pepper brands will include the namesake Dr. Pepper beverage, 7Up, Sunkist and Green Mountain Coffee Roasters, which includes the Keurig's single-serve coffee business. Global investment firm JAB Holding Company will make a $9 billion equity investment as a part of the transaction financing, and will be the controlling shareholder when the transaction closes. Mondelez International Inc. , JAB's partner in Keurig, will have about a 13% to 14% stake in the merged company. Mondelez shares are up 0.7% in premarket trading. Keurig Dr. Pepper will target $600 million in synergies on an annualized basis by 2021. Keurig went private in 2016. Dr. Pepper Snapple shares are up 6.2% for the past year, while the S&P 500 index is up 25.2% for the period. Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.
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