Malaysia says tests reveal no pig DNA in Cadbury products, Reuters says New tests conducted by Malaysian authorities revealed that chocolate bars produced by Britain's Cadbury were not riddled with pig DNA, contrary to a prior discovery, according to Reuters, citing the country's Islamic Affairs Agency. Cadbury is a division of Mondelez. Reference Link
Mondelez upgraded at RBC Capital As noted earlier, RBC Capital upgraded Mondolez to Outperform from Sector Perform. The firm upgraded the stock on valuation, and its belief that the company will begin to overcome customer issues in Europe and growing pains associated with overhead cost reductions. Target $40.