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Stock Market & Financial Investment News

News Breaks
January 16, 2014
08:08 EDTMDLZMondelez 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
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February 27, 2015
07:53 EDTMDLZKraft, Mondelez, others give statements at CAGNY conference, The Deal says
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05:18 EDTMDLZMondelez agrees to sell interests in Japanese coffee JV to partner Ajinomoto
Mondelez announced that, as part of its ongoing efforts to further focus its portfolio on snacking products, it has reached an agreement to sell its 50% interest in Ajinomoto General Foods, or AGF, to its joint venture partner, Ajinomoto. AGF manufactures and sells instant, ground and liquid coffee products as well as other beverages in Japan under brands mainly licensed by Mondelez International, including Blendy and Maxim. Upon closing of the stock purchase agreement, Mondelez International will receive pre-tax cash proceeds of Y27B. The AGF transaction is scheduled to close by the end of April, subject to limited closing conditions. The stock purchase agreement with Ajinomoto will not have any impact on the proposed JDE transaction, which is expected to close later this year. In 2013, AGF generated more than Y100B in net revenue. It has 700 full-time employees and two factories in Gunma and Suzuka, Japan.
February 26, 2015
07:27 EDTMDLZExecutives' Club of Chicago to hold a breakfast meeting
Chicago CEO Breakfast Meeting with Guest Speaker Irene Rosenfeld, Chairman & CEO, of Mondelez International, who discusses "Leading in Turbulent Times" is being held in Chicago on February 26 at 8:15 am.
February 25, 2015
09:03 EDTMDLZMondelez acquires Betabox start-up
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February 17, 2015
08:14 EDTMDLZMondelez backs FY15 adjusted EPS growth in double digits, consensus $1.75
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08:13 EDTMDLZMondelez says supply chain on track to deliver $3B in gross productivity savings
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08:12 EDTMDLZMondelez backs long-term target of double digit adjusted EPS growth
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07:15 EDTMDLZConsumer Analyst Group of New York (CAGNY) to hold a conference
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February 16, 2015
12:19 EDTMDLZMondelez acquires Enjoy Life Foods, terms undisclosed
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