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Stock Market & Financial Investment News

News Breaks
October 5, 2012
12:28 EDTDANOY, MDLZMondelez unit buys Vitasnella snack business from Danone, Reuters says
Kraft Foods Europe, which is now part of Mondelez International (MDLZ), has agreed to buy the Vitasnella snack business in Italy from Danone (DANOY) for an undisclosed sum, reported Reuters. Reference Link
News For MDLZ;DANOY From The Last 14 Days
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April 15, 2015
10:24 EDTDANOYDanone sees economic conditions remaining difficult, unstable
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10:23 EDTDANOYDanone reports Q1 reported consolidated sales EUR5.47B
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April 6, 2015
13:52 EDTMDLZIndia imposes $88M tax fine on Cadbury, Reuters says
Indian tax authorities have imposed an $88M fine on Mondelez' Cadbury unit, reports Reuters, citing government officials. The government claims Cadbury misused a "tax holiday" strategy for a factory in Himachal Pradesh. Mondelez India said its tax exemptions for the period are legal, noting that "the issue is one of interpretation." Reference Link

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