Mondelēz International, Inc.(MDLZ)- NASDAQ
  • Wed, Sep. 14, 11:22 AM
    • Data from NPD Group indicates that 11% of millennials use craft coffee brewing to satisfy their daily coffee cravings.
    • It's a trend to watch with younger consumers representing 44% of at-home craft coffee brewers of which a third live in urban areas.
    • It's not clear if the increase in at-home craft coffee consumption is peeling away meaningful packaged coffee sales or store traffic to chains, but there could be a reputational risk to national brands on quality in the future.
    • Related tickers: SBUX, DNKN, SJM, QSR, MCD, MDLZ, KKD, WWAV, JVA, OTCQB:JAMN, OTCQB:BCCI, FARM, OTCPK:NSRGY.
    • ETFs: JO, CAFE.
    | Wed, Sep. 14, 11:22 AM | 18 Comments
  • Wed, Sep. 7, 9:56 AM
    • Mondelez International (MDLZ -1.1%) says it will make a major expansion into the U.S. chocolate market. The plan was unveiled during a presentation at the Barclays Global Consumer Staples Conference.
    • The company's chocolate plans include pairing Oreo with European brand Milka.
    • Execs also talked numbers at the conference, saying Mondelez is on track to deliver free cash flow of at least $1.4B this year and double that mark in 2018.
    | Wed, Sep. 7, 9:56 AM | 4 Comments
  • Tue, Sep. 6, 9:28 AM
    • JPMorgan lifts Mondelez International (NASDAQ:MDLZ) to an Overweight rating.
    • The investment firm sees value with Mondelez running ahead of schedule with its cost savings plan.
    • Always in the background with Mondelez is the potential for a takeover offer from a major food player.
    • MDLZ +0.93% premarket to $44.60.
    | Tue, Sep. 6, 9:28 AM
  • Wed, Aug. 31, 2:12 AM
    • Now that a takeover of Hershey is off the table, Mondelez (NASDAQ:MDLZ) and its chief executive have signaled that ongoing cost cutting will be the way to profitability.
    • Irene Rosenfeld has promised to expand the company’s operating margin to 17%-18% by 2018. They hit 15% in the most recent quarter.
    • Investors seemed to welcome the end of the months-long play by the Oreo maker, with Mondelez shares closing up 4% on Tuesday.
    | Wed, Aug. 31, 2:12 AM | 3 Comments
  • Tue, Aug. 30, 8:01 AM
    • Mondelez International (NASDAQ:MDLZ) is higher after the company announced it pulled out of discussions with Hershey.
    • Susquehanna analyst Pablo Zuanic thinks if the company wants to expand its confectionary and snacks footprint a merger with a European name (Lotte, Ferrero, or Perfetti Van Melle) or a smaller natural/organic player might make senses.
    • Zuanic calls a merger with PepsiCo (NYSE:PEP) more of a long shot and in the end thinks a takeover by Kraft Heinz (NASDAQ:KHC) might be the end result.
    • MDLZ +3.21% premarket to $44.42.
    | Tue, Aug. 30, 8:01 AM | 20 Comments
  • Mon, Aug. 29, 4:15 PM
    • Mondelez International (NASDAQ:MDLZ) announces it has ended discussions with Hershey (NYSE:HSY) regarding a potential merger after factoring in recent shareholder developments at the candy company.
    • “We remain focused on successfully executing our strategy to deliver both sustainable top-line growth and significant margin expansion and are well-positioned to continue to deliver value to our shareholders,” says CEO Irene Rosenfeld.
    • Shares of Hershey are down 9.8% AH. MDLZ is inactive.
    • Source: Press Release
    | Mon, Aug. 29, 4:15 PM | 53 Comments
  • Thu, Aug. 18, 9:08 AM
    • Shares of Gores Holdings (NASDAQ:GRSH) are on watch after an article by SA contributor Dane Capital Management points to the enormous upside of the merger with Hostess Brands.
    • Despite a couple of trips down bankruptcy lane, Hostess is now well-positioned with no legacy pension liabilities and a leaner manufacturing setup. Dane notes that valuation compared to food peers (MDLZ, HSY, WWAV, OTCQX:DANOY) looks attractive. The firm also pulls out some Black-Scholes analysis in evaluating the GRSH warrants.
    • Hostess is more mainstream than some may think. A recent issue of Walmart Today featured Deep-Fried Twinkies in all their splendor.
    | Thu, Aug. 18, 9:08 AM | 1 Comment
  • Fri, Aug. 12, 9:09 AM
    • Mondelez International (NASDAQ:MDLZ) says it acquired the license to sell Cadbury biscuits in the U.S.
    • "Ownership of the Cadbury biscuits license offers us exciting opportunities to accelerate global growth and innovation, as we expand our leading position in biscuits, globally and in Europe," stated Mondelez Europe VP Hubert Walker.
    • Financial details weren't disclosed.
    | Fri, Aug. 12, 9:09 AM | 2 Comments
  • Wed, Aug. 10, 3:08 AM
    • The board of the $12B charitable trust that controls Hershey (NYSE:HSY) will meet this week to discuss appointing new members, as it embarks on its biggest overhaul in more than a decade.
    • It recently agreed with the Pennsylvania AG's office to recruit members with experience in financial investments, education and social care - a requirement that could influence its stance on any renewed bid by Mondelez (NASDAQ:MDLZ) for Hershey.
    | Wed, Aug. 10, 3:08 AM | 5 Comments
  • Mon, Aug. 8, 1:26 PM
    • Susquehanna gives a brief update to investors on its four top food sector picks (all rated at Positive). Analyst Pablo Zuanic prefers companies with a North American focus.
    • Kraft Heinz (KHC -0.7%): 3G is expected to have more tricks up its sleeve to improve the bottom line. "We see more accretive deal making," writes Zuanic.
    • TreeHouse Foods (THS -1.5%): TreeHouse is seen benefiting from the integration of the ConAgra private label businesses and improving K-cup trends.
    • Molson Coors (TAP -0.2%): EBIT margin has room to move higher after the inefficiencies of the JV structure with MillerCoors are behind it.
    • Mondelez International (MDLZ +0.3%): Zuanic expects M&A action at MDLZ.
    | Mon, Aug. 8, 1:26 PM | 3 Comments
  • Thu, Jul. 28, 9:12 AM
    • Societe Generale downgrades Mondelez International (NASDAQ:MDLZ) to Hold after having the food stock set with a Buy rating.
    • The ratings cut followed an 11th straight quarter of falling revenue for Mondelez.
    • Previously: F/X whacks results at Mondelez International (July 27)
    • MDLZ +1.62% premarket to $44.65.
    | Thu, Jul. 28, 9:12 AM
  • Wed, Jul. 27, 8:19 AM
    • Organic revenue was up 1.5% for Mondelez International (NASDAQ:MDLZ) in Q2. On a reported basis, revenue was down 17.7% during the quarter, led by a 27% fall in Europe and 32% decline in Latin America.
    • Gross profit margin rate -10 bps to 39.9%. Operating income margin rate -90 bps to 10.1%.
    • The company says it used pricing in some markets to offset higher input costs. A move to "zero-based budgeting" also helped to pad the bottom line.
    • Mondelez sees full-year organic revenue growth of ~2% and EPS of $0.03 to $0.05. Looking ahead, the launch of Milka chocolate in China and e-commerce investments are expected to pay off.
    • Previously: Mondelēz beats by $0.04, misses on revenue (July 27)
    • MDLZ -1.13% premarket to $44.74.
    | Wed, Jul. 27, 8:19 AM
  • Wed, Jul. 27, 8:03 AM
    • Mondelēz (NASDAQ:MDLZ): Q2 EPS of $0.44 beats by $0.04.
    • Revenue of $6.3B (-17.8% Y/Y) misses by $40M.
    • Shares +1.39% PM.
    • Press Release
    | Wed, Jul. 27, 8:03 AM | 1 Comment
  • Tue, Jul. 26, 5:30 PM
    | Tue, Jul. 26, 5:30 PM | 9 Comments
  • Mon, Jul. 25, 8:54 AM
    • Mondelez International (NASDAQ:MDLZ) is higher in early trading with a clearer path ahead of the company in its pursuit of Hershey.
    • Susquehanna upgrades shares to Positive off the new developments.
    • Analyst Pablo Zuanic estimates cost and top line synergies would create 25-30% upside for Mondelez if a deal is finalized. Even if the deal falls through, Zuanic reasons that Mondelez could be a target itself in the rapidly consolidating food sector.
    • Previously: Hershey Trust settling with state attorney general over governance (July 22)
    • MDLZ +1.11% premarket to $45.63.
    | Mon, Jul. 25, 8:54 AM
  • Fri, Jul. 22, 5:53 PM
    • The Hershey Trust (NYSE:HSY), facing a court date over governance charges, will settle with Pennsylvania's attorney general to resolve its investigation, according to Dow Jones reports.
    • That action will include more resignations on its board. Several members of the Hershey Trust board have resigned over the past year, amid a takeover attempt by Mondelez (NASDAQ:MDLZ).
    • The attorney general has been probing the trust -- a charitable trust that controls the fate of the Hershey Co. -- for excessive spending and letting board members overstay their terms.
    • Updated 5:58 p.m.: Reuters reports that the deal will put 10-year term limits on trustees, with three trustees (Joseph Senser, Robert Cavanaugh and James Nevels) required to step down by the end of this year, and Chairwoman Velma Redmond leaving by the end of 2017 along with James Mead. Trustees' compensation will also be capped.
    • Previously: The Hershey Trust may be heading to court (Jul. 14 2016)
    • Previously: More disruption with the Hershey Trust (Jul. 11 2016)
    | Fri, Jul. 22, 5:53 PM | 8 Comments