|January 16, 2014|
|08:08 EDT||MDLZ||Mondelez achieves 100% palm oil sustainability milestone|
Mondelez announced that it achieved Roundtable for Sustainable Palm Oil coverage for 100% of the palm oil it bought in 2013. This is two years ahead of the company's existing commitment to cover all requirements by 2015 through a combination of RSPO-certified oil and Greenpalm certificates that support sustainable production. In the first months of this year, Mondelez will review results from suppliers and publish an action plan during the second quarter to give priority to supplies that meet the company's sustainability principles, and eliminate supplies that do not, by 2020 at the latest.
News For MDLZ From The Last 14 Days
|May 5, 2015|
|06:45 EDT||MDLZ||Mondelez, DEMB receive conditional approval to create global coffee business|
D.E Master Blenders, or DEMB, and Mondelez announced that they have received conditional approval from the European Commission to combine their respective coffee businesses and create pure-play coffee company - JACOBS DOUWE EGBERTS, or JDE. The European Commission's approval follows JDE's commitment to divest the Carte Noire brand throughout the European Economic Area, the Merrild brand in Denmark and the Baltics, and licensing of the Senseo brand to a third party in Austria. JDE will be the world's leading pure-play coffee company with: Annual revenues of more than EUR 5B; number 1 or number 2 position in over 18 countries across Europe, Latin America and Australia; an international workforce of approximately 12,000 associates; a portfolio comprising some of the most well-known coffee brands around the world.
|April 30, 2015|
|10:36 EDT||MDLZ||On The Fly: Analyst Upgrade Summary|
Today's noteworthy upgrades include: ARRIS (ARRS) upgraded to Strong Buy from Outperform at Raymond James... Acadia (ACHC) upgraded to Outperform from Market Perform at Wells Fargo... Alexandria Real Estate (ARE) upgraded to Buy from Neutral at Mizuho... Axiall (AXLL) upgraded to Buy from Neutral at Citigroup... British American Tobacco (BTI) upgraded to Buy from Hold at Societe Generale... Buffalo Wild Wings (BWLD) upgraded at Baird... CBIZ, Inc. (CBZ) upgraded to Overweight from Equal-Weight at First Analysis... Cameco (CCJ) upgraded to Outperform from Market Perform at Raymond James... Cinedigm (CIDM) upgraded to Outperform from Neutral at Macquarie... Commerzbank (CRZBY) upgraded to Neutral from Sell at Goldman... Equity One (EQY) upgraded to Neutral from Underperform at Credit Suisse... Garmin (GRMN) upgraded to Market Perform from Underperform at Raymond James... Genworth (GNW) upgraded to Buy from Neutral at Compass Point... Group 1 Automotive (GPI) upgraded to Neutral from Sell at Goldman... JetBlue (JBLU) upgraded to Outperform from Neutral at Credit Suisse... KBR (KBR) upgraded to Buy from Hold at Johnson Rice... Michelin (MGDDY) upgraded to Outperform from Neutral at Exane BNP Paribas... Mondelez (MDLZ) upgraded to Buy from Hold at Deutsche Bank... Nabors Industries (NBR) upgraded to Neutral from Reduce at Global Hunter... Office Depot (ODP) upgraded to Buy from Hold at Jefferies... PCTEL, Inc. (PCTI) upgraded to Buy from Neutral at B. Riley... Patterson-UTI (PTEN) upgraded to Buy from Accumulate at Global Hunter... Progressive (PGR) upgraded to Buy from Neutral at UBS... Santander Consumer (SC) upgraded to Outperform from Neutral at Macquarie... Spirit Airlines (SAVE) upgraded at Evercore ISI... Staples (SPLS) upgraded to Buy from Hold at Jefferies.
|07:04 EDT||MDLZ||Mondelez upgraded to Buy from Hold at Deutsche Bank|
Deutsche Bank upgraded Mondelez to Buy citing improved global snack and confection trends as well as management's focus on margins and share gains. The firm sees a "reasonable" valuation at current levels and raised its price target for shares to $43 from $36.
|April 29, 2015|
|08:04 EDT||MDLZ||Mondelez backs FY15 adjusted EPS growth in double digits, consensus $1.71|
Backs FY15 organic net revenue growth of at least 2%. Backs FY15 adjusted operating income margin of approximately 14%. Backs FY15 free cash flow excluding items of $1.2B. The company estimates foreign exchange translation to reduce 2015 net revenue growth by approximately 12 percentage points and adjusted EPS by approximately 33.6c due to the strengthening of the U.S. dollar versus other currencies.
|08:03 EDT||MDLZ||Mondelez reports Q1 Latin America revenue $1.26B, organic revenue up 18.9%|
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|08:02 EDT||MDLZ||Mondelez reports Q1 adjusted EPS 41c, consensus 38c|
Reports Q1 revenue $7.76B, consensus $7.72B
|April 28, 2015|
|15:07 EDT||MDLZ||Notable companies reporting before tomorrow's open|
Notable companies reporting before tomorrow's open, with earnings consensus, include MasterCard (MA), consensus 80c... Time Warner (TWX), consensus $1.09... Mondelez (MDLZ), consensus 38c... NextEra Energy (NEE), consensus $1.27... General Dynamics (GD), consensus $1.95... Lumber Liquidators (LL), consensus 16c... Southern Co (SO), consensus 58c... Anthem (ANTM), consensus $2.66... Praxair (PX), consensus $1.44... Norfolk Southern (NSC), consensus $1.00... Eaton (ETN), consensus 98c... Thomson Reuters (TRI), consensus 45c... Franklin Resources (BEN), consensus 86c... Northrop Grumman (NOC), consensus $2.27... Hilton Worldwide (HLT), consensus 12c... Exelon (EXC), consensus 69c... Humana (HUM), consensus $2.56... International Paper (IP), consensus 80c... Hess (HES), consensus ($1.05)... Level 3 Communications (LVLT), consensus 33c... Starwood Hotels & Resorts (HOT), consensus 57c... Ametek (AME), consensus 63c... Garmin (GRMN), consensus 57c... Quintiles Transnational (Q), consensus 71c... New York Community Bancorp (NYCB), consensus 26c... Spirit Aerosystems (SPR), consensus 92c... Spirit Airlines (SAVE), consensus 96c... Brunswick (BC), consensus 61c... KBR (KBR), consensus 17c... Linn Energy (LINE), consensus (20c)... Cullen/Frost Bankers (CFR), consensus $1.09... WEX (WEX), consensus 99c... RPC (RES), consensus 11c... Hercules Offshore (HERO), consensus (38c).