Shares of Mondelez International (MDLZ) slip 1% premarket after the company sees lower retail...


Shares of Mondelez International (MDLZ) slip 1% premarket after the company sees lower retail coffee prices and higher costs during Q1 cut into profitability. A stinging downgrade from Credit Agricole straight to Underperform from Outperform isn't helping sentiment.

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Comments (2)
  • poormaniam
    , contributor
    Comments (15) | Send Message
     
    same old overreaction by the short crowd.
    8 May 2013, 02:07 PM Reply Like
  • moseharper
    , contributor
    Comments (618) | Send Message
     
    Credit Agricole? A trusted name on the Street. You (the Market) know this company better than that.
    8 May 2013, 05:37 PM Reply Like
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