Mondelēz International, Inc.(MDLZ)- NASDAQ
  • Sep. 21, 2011, 11:58 AM
    Breaking up is all the rage in today's corporate world - think TYC, SLE, KFT - and the buzz is that Pepsico (PEP +1.7%) could join the gang. Edward Jones says PEP's combined value post-split could be $90/share, 49% above yesterday's close. The stock has trailed competitors by a large margin in the past year, and the firm is losing share to Coca-Cola (KO).
    | Sep. 21, 2011, 11:58 AM | 2 Comments
  • Sep. 9, 2011, 1:46 PM

    The wiener war is over, as Sara Lee (SLE) and Kraft (KFT) settle out of court in their fight over who makes America's tastiest hot dog. Neither side will pay money to the other or change its marketing practices after both had alleged that the other exaggerated claims about which was top dog.

    | Sep. 9, 2011, 1:46 PM | 3 Comments
  • Sep. 7, 2011, 8:08 AM

    Kraft (KFT) aims to complete its separation into two new companies - North American Grocery and Global Snacks - by late 2012. The Grocery arm has annual revenues of around $16B and four "billion-dollar" brands, while Snacks has sales of $32B and eight "billion-dollar" brands. (PR)

    | Sep. 7, 2011, 8:08 AM
  • Aug. 30, 2011, 3:01 PM
    "We have often described stock market volatility as an opportunity for Pershing Square," writes Bill Ackman. He took advantage of August's "sale" of Fortune Brands (FO), Kraft (KFT), Family Dollar (FDO), and Citi (C) to add to his stakes, while opening 2 new (undisclosed) positions. Pershing also has received permission to up its JCPenney (JCP) stake.
    | Aug. 30, 2011, 3:01 PM | 1 Comment
  • Aug. 23, 2011, 11:22 AM

    Kraft (KFT -0.2%) cuts prices 6% on several coffee brands - including Maxwell House and Yuban - matching the price cut announced last week by rival J.M. Smucker (SJM +0.4%) that marked a reversal of 15-months of price hikes in the industry. Coffee prices on the futures market peaked in April before falling off.

    | Aug. 23, 2011, 11:22 AM
  • Aug. 18, 2011, 10:40 AM

    Felix Salmon argued recently that the growing spread between the S&P 500's earnings yield and the 10-year Treasury yield suggests this is "a good time to buy stocks." But SL Advisors sees the spread as a sign "corporate profit growth will slow sharply." KFT, RRC, and ANW are some of the names SL likes, given its pessimistic outlook.

    | Aug. 18, 2011, 10:40 AM
  • Aug. 15, 2011, 4:37 PM
    Dollar General (DG) is up 3.8% AH, and Verisk Analytics (VRSK) up 4.6%, after Berkshire Hathaway's (BRK.A, BRK.B) latest 13-F filing reveals Warren Buffett's company to have acquired stakes in the firms. Berkshire has also increased its stakes in Wells Fargo (WFC) and Mastercard (MA), while slightly reducing its position in Kraft (KFT).
    | Aug. 15, 2011, 4:37 PM
  • Aug. 15, 2011, 1:07 PM
    It's the war of the wieners, as Sara Lee (SLE), maker of Ball Park franks, begins its trial against Kraft's (KFT) Oscar Mayer over truth in advertising. Kraft is accused of deceiving consumers with claims that its hot dogs are 100% beef, while Sara Lee supposedly lies about its award-winning taste. It's no small potatoes: $1.6B worth of hot dogs were bought in the U.S. last year.
    | Aug. 15, 2011, 1:07 PM
  • Aug. 4, 2011, 4:28 PM
    Kraft Foods (KFT): Q2 EPS of $0.62 beats by $0.04. Revenue of $13.9B (+13% Y/Y) beats by $0.07B. The company raises FY11 guidance to $2.20-$2.25 vs. expectations of $2.24. Shares +1.2% AH. (PR)
    | Aug. 4, 2011, 4:28 PM
  • Aug. 4, 2011, 11:09 AM
    Kraft (KFT +3.2%) receives support from Warren Buffett, its biggest shareholder, for its break-up into two. Kraft CEO Irene Rosenfeld gained Buffett's blessing on Tuesday over breakfast in Omaha. Nelson Peltz, another major Kraft shareholder, is also in favor of the move.
    | Aug. 4, 2011, 11:09 AM
  • Aug. 4, 2011, 10:24 AM

    28 out 30 Dow stocks are mired in red, with only Kraft (KFT +3.3%) on the strength of its proposed split and McDonald's (MCD +0.8%) with rosy global sales projections holding up the bullish fort.

    | Aug. 4, 2011, 10:24 AM
  • Aug. 4, 2011, 9:05 AM

    Premarket gainers: GOLD +7%. KFT +6%. UN +5%. TDC +5%. SOLR +4%. SD +3%.
    Losers: DNDN -64%. ENTR -26%. GNOM -19%. VE -14%. ARO -14%. WLT -13%. LYG -10%. ONTY -9%. TS -8%. FRO -8%. BCS -8%. SPPI -7%. RIO -6%. LOGI -6%. ARMH -6%. KSS -5%. SDRL -5%. ASML -5%. MKTAY -5%. STM -5%. ALV -5%. MTG -5%. RIG -5%. ONNN -5%. BHP -4%. UBS -4%. ALU -4%. NWS -4%. CS -4%. STO -4%. ABB -4%. DB -4%. HMC -5%. ERIC -3%. WFR -3%. VALE -3%. GPS -3%. RDS.A -3%. FCX -3%. RCL -3%. ASX -3%. CCL -3%. PBR -3%. NOK -3%.

    | Aug. 4, 2011, 9:05 AM
  • Aug. 4, 2011, 6:22 AM
    Kraft (KFT): Q2 EPS of $0.62 beats by $0.04. Revenue of $13.9B (+13.3% Y/Y) beats by $0.75B. Lifts 2011 outlook: Sees op. EPS of at least $2.25, up from prior guidance of at least $2.20, and organic net revenue growth of at least 5%, up from at least 4%. Shares +2.3%. (PR)
    | Aug. 4, 2011, 6:22 AM
  • Aug. 4, 2011, 6:12 AM
    More from Kraft (KFT): "18 months into the Cadbury integration, the company has, in fact, built a global snacking platform and a North American grocery business that now differ in their future strategic priorities, growth profiles and operational focus." Target date for the new companies: before year-end 2012.
    | Aug. 4, 2011, 6:12 AM
  • Aug. 4, 2011, 6:07 AM

    Kraft (KFT) to spin off its North American grocery business, creating two independent publicly-traded companies. (PR)

    | Aug. 4, 2011, 6:07 AM | 2 Comments
  • Aug. 4, 2011, 12:10 AM
    Notable earnings after Thursday's close: AIG, ANV, CENX, CF, DCT, ED, EOG, FLR, FSLR, HANS, KFT, KOG, LNKD, MCHP, MRX, PBI, RAX, RMD, SAPE, SUN, WMS
    | Aug. 4, 2011, 12:10 AM
Company Description
Mondelez International, Inc. is engaged in the manufacturing and marketing of snack food and beverage products, which include biscuits such as cookies, crackers and salted snacks, chocolate, gum & candy, coffee & powdered beverages and various cheese & grocery products. It operates its business... More
Industry: Food - Major Diversified
Country: United States