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United Kingdom

Mondelez International Inc (MDLZ.OQ)

MDLZ.OQ on NASDAQ Stock Exchange Global Select Market

41.80USD
19 Oct 2018
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$0.76 (+1.85%)
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Latest Key Developments (Source: Significant Developments)

Mondelez Says Board Approved Extension Of Current Restructuring Program Through 2022
Friday, 7 Sep 2018 

Sept 7 (Reuters) - Mondelez International Inc ::MONDELEZ - ON SEPTEMBER 6, BOARD APPROVED EXTENSION OF CURRENT RESTRUCTURING PROGRAM THROUGH 2022.MONDELEZ - CURRENT RESTRUCTURING PROGRAM, AS INCREASED & EXTENDED BY ACTIONS, WILL NOW BE CALLED SIMPLIFY TO GROW PROGRAM.MONDELEZ - ON SEPT 6, BOARD APPROVED INCREASE BY $1.3 BILLION IN ONE-TIME COSTS FOR RESTRUCTURING PROGRAM TO $5.4 BILLION.MONDELEZ - INTEND TO PARTIALLY REINVEST SAVINGS FROM PROGRAM TO DRIVE BOTH NET REVENUE AND EARNINGS GROWTH.MONDELEZ - EXPECT TO COMPLETE PROGRAM BY YEAR-END 2022.MONDELEZ - ON SEPT 6, BOARD APPROVED INCREASE BY $700 MILLION IN CAPITAL EXPENDITURES TO A TOTAL OF $2.3 BILLION.  Full Article

Mondelēz International Outlines Long-Term Strategy And Provides 2019 Guidance
Friday, 7 Sep 2018 

Sept 7 (Reuters) - Mondelez International Inc ::MONDELĒZ INTERNATIONAL OUTLINES LONG-TERM STRATEGY AND PROVIDES 2019 GUIDANCE.MONDELĒZ INTERNATIONAL OUTLINES LONG-TERM STRATEGY AND PROVIDES 2019 GUIDANCE.MONDELEZ - REAFFIRMED ITS 2018 OUTLOOK.MONDELEZ SEES 2019 ORGANIC NET REVENUE TO INCREASE 2 TO 3 PERCENT.MONDELEZ SEES 2019 ADJUSTED EPS TO GROW 3 TO 5 PERCENT ON A CONSTANT CURRENCY BASIS.MONDELEZ SEES 2019 FREE CASH FLOW TO BE APPROXIMATELY $2.8 BILLION..MONDELEZ - LONG-TERM ANNUAL TARGETS INCLUDE ORGANIC NET REVENUE GROWTH OF 3 PERCENT PLUS.FY2018 EARNINGS PER SHARE VIEW $2.43, REVENUE VIEW $26.11 BILLION -- THOMSON REUTERS I/B/E/S.FY2019 EARNINGS PER SHARE VIEW $2.61, REVENUE VIEW $26.53 BILLION -- THOMSON REUTERS I/B/E/S.MONDELEZ - LONG-TERM ANNUAL TARGETS INCLUDE HIGH-SINGLE DIGIT ADJUSTED EPS GROWTH AT CONSTANT CURRENCY.MONDELEZ - LONG-TERM ANNUAL TARGETS INCLUDE DIVIDEND GROWTH OUTPACING ADJUSTED EPS GROWTH.  Full Article

U.S. FDA Says Is Working With Mondelēz International, Pepperidge Farm And Flowers Foods To Initiate Voluntarily Recalls Of Certain Products
Tuesday, 24 Jul 2018 

July 24 (Reuters) - Campbell Soup Co ::U.S. FDA SAYS IS WORKING WITH MONDELĒZ INTERNATIONAL, PEPPERIDGE FARM AND FLOWERS FOODS TO INITIATE VOLUNTARILY RECALLS OF CERTAIN PRODUCTS.U.S. FDA SAYS TO INITIATE VOLUNTARILY RECALLS OF THE CERTAIN PRODUCTS DUE TO POTENTIAL RISK THAT 1 OF THE INGREDIENTS MAY HAVE BEEN SALMONELLA CONTAMINATED.U.S. FDA SAYS THERE IS NO EVIDENCE AT THIS TIME THAT ANYONE WAS SICKENED FROM ONE OF THE RECALLED PRODUCTS, OR THAT THE PRODUCTS ARE CONTAMINATED.U.S. FDA SAYS ALSO AWARE THAT U.S. DEPARTMENT OF AGRICULTURE WORKING WITH PINNACLE FOODS ON A PUBLIC HEALTH ALERT REGARDING CERTAIN HUNGRY MAN PRODUCTS.  Full Article

Mondelez Says Exchanged 24.2 Pct Ownership Interest In Keurig For 13.8 Pct Equity Interest In KDP
Tuesday, 10 Jul 2018 

July 10 (Reuters) - Mondelez International Inc ::MONDELEZ - CO'S 24.24% OWNERSHIP INTEREST IN KEURIG, INCLUSIVE OF LOAN RECEIVABLE, HAS BEEN EXCHANGED FOR A 13.8% EQUITY INTEREST IN KDP - SEC FILING.MONDELEZ - UNIT ENTERED INTO AN AGREEMENT THAT GOVERNS CO'S RIGHTS AND OBLIGATIONS AS AN INVESTOR IN KDP.MONDELEZ - INVESTOR RIGHTS AGREEMENT PROVIDES THAT CO MAY NOT SELL OR OTHERWISE DISPOSE OF SHARES IN KDP FOR SIX MONTHS FOLLOWING CLOSING.MONDELEZ - ALSO HAVE RIGHT TO NOMINATE TWO DIRECTORS TO KDP BOARD FOLLOWING CLOSING OF TRANSACTION.MONDELEZ - IF CO'S EQUITY INTEREST DECLINES TO LESS THAN 8%, HAVE RIGHT TO NOMINATE ONE DIRECTOR TO KDP BOARD.MONDELEZ - IF CO'S INTEREST DECLINES TO LESS THAN 5%, CO DOES NOT HAVE RIGHT TO APPOINT A DIRECTOR TO KDP BOARD.  Full Article

Mondelēz Declares Regular Quarterly Dividend Of $0.22 Per Share
Wednesday, 16 May 2018 

May 16 (Reuters) - Mondelez International Inc ::MONDELĒZ INTERNATIONAL DECLARES REGULAR QUARTERLY DIVIDEND OF $0.22 PER SHARE.  Full Article

Pershing Square Capital Management Dissolves Sole Share Stake In Nike
Tuesday, 15 May 2018 

May 15 (Reuters) - Pershing Square Capital Management::PERSHING SQUARE CAPITAL MANAGEMENT DISSOLVES SOLE SHARE STAKE IN NIKE INC - SEC FILING.PERSHING SQUARE CAPITAL MANAGEMENT CUTS SOLE SHARE STAKE IN MONDELEZ INTERNATIONAL TO 16.2 MILLION CLASS A SHARES FROM 23.3 MILLION CLASS A SHARES.PERSHING SQUARE CAPITAL MANAGEMENT - CHANGE IN HOLDINGS ARE AS OF MARCH 31, 2018 AND COMPARED WITH THE PREVIOUS QUARTER ENDED AS OF DEC 31, 2017 .  Full Article

Mondelez International To Acquire Tate's Bake Shop
Monday, 7 May 2018 

May 6 (Reuters) - Mondelez International Inc ::MONDELĒZ INTERNATIONAL TO ACQUIRE TATE’S BAKE SHOP.ANNOUNCED AN AGREEMENT WITH RIVERSIDE COMPANY,AND OTHER SHAREHOLDERS, TO ACQUIRE TATE'S BAKE SHOP FOR APPROXIMATELY $500 MILLION.TATE'S BAKE SHOP SENIOR LEADERSHIP WILL CONTINUE TO RUN TATE'S BUSINESS FROM ITS HEADQUARTERS.  Full Article

Mondelez International Q1 Earnings Per Share $0.62
Tuesday, 1 May 2018 

Mondelez International Inc ::MONDELĒZ INTERNATIONAL REPORTS Q1 RESULTS.Q1 ADJUSTED EARNINGS PER SHARE $0.62.Q1 EARNINGS PER SHARE $0.62.Q1 EARNINGS PER SHARE VIEW $0.61 -- THOMSON REUTERS I/B/E/S.MONDELEZ - QTRLY NET REVENUE $6,765 MILLION VERSUS $6,414 MILLION LAST YEAR.MONDELEZ - MAINTAINS ITS FULL YEAR 2018 OUTLOOK OF DOUBLE-DIGIT ADJUSTED EPS GROWTH ON A CONSTANT-CURRENCY BASIS.MONDELEZ - QTRLY ORGANIC NET REVENUE GREW 2.4%.MONDELEZ -CONTINUES TO EXPECT FREE CASH FLOW OF APPROXIMATELY $2.8 BILLION FOR FULL YEAR 2018.MONDELEZ - MAINTAINS ITS FULL YEAR 2018 OUTLOOK OF ORGANIC NET REVENUE GROWTH OF 1 TO 2 PERCENT.MONDELEZ - "CONTINUE TO SEE ENCOURAGING SNACKING CATEGORY GROWTH TRENDS, ESPECIALLY IN EMERGING MARKETS".MONDELEZ - SEES 2018 ADJUSTED OPERATING INCOME MARGIN OF APPROXIMATELY 17 PERCENT.MONDELEZ - ESTIMATES CURRENCY TRANSLATION WOULD INCREASE NET REVENUE GROWTH BY APPROXIMATELY 2 PERCENT IN FULL YEAR 2018.MONDELEZ - ESTIMATES CURRENCY TRANSLATION WOULD INCREASE ADJUSTED EPS BY APPROXIMATELY $0.06 IN 2018.Q1 REVENUE VIEW $6.65 BILLION -- THOMSON REUTERS I/B/E/S.FY2018 EARNINGS PER SHARE VIEW $2.46, REVENUE VIEW $26.85 BILLION -- THOMSON REUTERS I/B/E/S.MONDELEZ - QTRLY ADJUSTED GROSS PROFIT MARGIN WAS 39.4 PERCENT, DOWN 110 BASIS POINTS, DRIVEN BY UNFAVORABLE MIX, HIGHER COMMODITY COSTS & FREIGHT INFLATION.  Full Article

Mondelēz International Announces Pricing For Its Cash Tender Offer
Monday, 16 Apr 2018 

April 16 (Reuters) - Mondelez International Inc ::MONDELĒZ INTERNATIONAL ANNOUNCES PRICING FOR ITS CASH TENDER OFFER AND CONSENT SOLICITATION.MONDELEZ INTERNATIONAL - ACCEPTED FOR PURCHASE ALL $570 MILLION OF NOTES VALIDLY TENDERED & NOT VALIDLY WITHDRAWN PRIOR TO EARLY TENDER DATE.  Full Article

Mondelēz International Reports Net Tax Benefit Of $59 Million In Q4​
Wednesday, 31 Jan 2018 

Jan 31 (Reuters) - Mondelez International Inc ::MONDELĒZ INTERNATIONAL REPORTS 2017 RESULTS.QTRLY ‍ORGANIC NET REVENUE INCREASED 2.4 PERCENT​.QTRLY ‍SHR $0.53​.QTRLY ‍ADJUSTED EARNINGS PER SHARE $0.57​.MONDELEZ-QTRLY NET REVENUE $6,966 MILLION VERSUS $6770 MILLION.‍ENACTMENT OF U.S. TAX REFORM IN DECEMBER 2017 RESULTED IN A DISCRETE NET TAX BENEFIT OF $59 MILLION IN Q4​.MONDELEZ SAYS FOR 2018, COMPANY EXPECTS ORGANIC NET REVENUE TO INCREASE 1 TO 2 PERCENT.‍COMPANY ALSO EXPECTS DOUBLE-DIGIT ADJUSTED EPS GROWTH ON A CONSTANT-CURRENCY BASIS FOR 2018​.MONDELEZ SAYS EXPECTS 2018 ADJUSTED OPERATING INCOME MARGIN OF APPROXIMATELY 17 PERCENT.MONDELEZ - ‍2018 OUTLOOK INCLUDES EXPECTED ADJUSTED EFFECTIVE TAX RATE IN LOW-TO-MID 20 PERCENT RANGE, INCLUDING CURRENT VIEW OF EXPECTED IMPACT OF TAX REFORM​.Q4 EARNINGS PER SHARE VIEW $0.56, REVENUE VIEW $6.97 BILLION -- THOMSON REUTERS I/B/E/S.FY2018 EARNINGS PER SHARE VIEW $2.37, REVENUE VIEW $26.44 BILLION -- THOMSON REUTERS I/B/E/S.  Full Article

PRESS DIGEST- British Business - Oct 12

Oct 12 The following are the top stories on the business pages of British newspapers. Reuters has not verified these stories and does not vouch for their accuracy.