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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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May 19, 2015
05:33 EDTMDLZMondelez Cocoa Life sustainability program fully operational in Indonesia
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May 15, 2015
17:07 EDTMDLZTrian Fund gives quarterly update on stakes
NEW STAKES: None. INCREASED STAKES: PepsiCo (PEP), Mondelez (MDLZ), Bank of New York Mellon Group (BK), and Du Pont (DD). DECREASED STAKES: Family Dollar (FDO), and Ingersoll-Rand (IR). LIQUIDATED STAKES: Lazard (LAZ).

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