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Stock Market & Financial Investment News

News Breaks
August 6, 2014
10:05 EDTMDLZMondelez expects to return $2B-$3B to shareholders in FY14
Says market likely to soften even more in 2H14 and especially in Q3. Says on track to deliver 2013-2014 combined free cash flow ex-items target of $3.7B. Expects to repurchase $1B-$2B of shares in FY14. Sees improvement in 2H14 being driven by coffee pricing and easier China comparison. Says global category growth unlikely to improve in 2H14. Says 2H14 growth tempered by challenging operating environment and slower resolution of customer disputes. Maintains high-12% adjusted OI margin. Says aims to further focus its portfolio on snacks and expects its coffee deal to close in FY15. Comments taken from slides from the company's Q2 earnings conference call presentation.
News For MDLZ From The Last 14 Days
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October 22, 2014
07:54 EDTMDLZMondelez added to U.S. Focus List at Credit Suisse
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October 9, 2014
09:01 EDTMDLZMondelez appoints Brian Gladden as CFO
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05:33 EDTMDLZBurton's in talks to sell Cadbury license to Mondelez, Sky News reports
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