Mondelēz International, Inc. (MDLZ) - NASDAQ
  • Oct. 23, 2015, 9:58 AM
    • M&A talk in the food sector could set off a chain reaction, according to analysts.
    • Kellogg's (K +0.2%) interest in Diamond Foods (DMND +6.6%) and a play by Treehouse Foods (THS +3.1%) for Ralcorp are in advanced stages, but other companies which could be drawn into talks include Boulder Brands (BDBD +0.5%), Amplify Snack Brands (BETR +1.7%), Mondelez International (MDLZ -0.1%), Campbell Soup (CPB +0.1%) and Hain Celestial Group (HAIN +0.4%).
    • Private-label brands in particular may look appetizing to larger food companies.
    • Previously: Reuters: TreeHouse in talks to buy Ralcorp from ConAgra (Oct. 22 2015)
    • Previously: NY Post: Kellogg close to Diamond Foods buyout (Oct. 23 2015)
    • Related ETF: PBJ
    | Oct. 23, 2015, 9:58 AM | 6 Comments
  • Oct. 20, 2015, 8:12 AM
    • Mondelez International (NASDAQ:MDLZ) announces it invested $50M in a production facility in Nigeria.
    • The new facility will be used to meet increasing local demand for Cadbury Bournvita.
    | Oct. 20, 2015, 8:12 AM | 2 Comments
  • Oct. 1, 2015, 4:42 PM
    • Mondelez (NASDAQ:MDLZ) is exploring a sale of its European cheese and grocery business, which could be valued at ~$3B, and has hired Goldman Sachs and JPMorgan Chase to seek buyers for the assets, Reuters reports.
    • The assets could appeal to companies such as Kraft Heinz (NASDAQ:KHC), as well as P-E firms, according to the report; KHC has right of first refusal for the assets as a result of its spinning off of MDLZ in 2012.
    • MDLZ is in the midst of a plan to cut ~$3.5B in costs by the end of 2018.
    | Oct. 1, 2015, 4:42 PM | 8 Comments
  • Sep. 16, 2015, 11:01 AM
    • A statement from Anheuser-Busch InBev (BUD +5%) indicates the company must make a formal offer for SABMiller (OTCPK:SBMRY +19.5%) before October 14 or take a pass on the mega-merger to stay in compliance with U.K. law.
    • There's a ripple effect with beer stocks circling the globe that includes distributors such as Compania Cervecerias Unidas (CCU +3.1%), Fomento Economico Mexicano (FMX +1.8%), AmBev (ABEV +2.1%).
    • Another intriguing aspect of a potential A-B takeover of SABMiller is the side effects on the food industry if 3G Capital is fully engaged on the deal. 3G is a major player in food mergers and a factor in how investors value companies such as Mondelez International (MDLZ +0.2%), PepsiCo (PEP +0.4%), TreeHouse Foods (THS +0.1%), Campbell Soup (CPB +1.9%), JM Smucker (SJM +1.1%), and other food names.
    • A-B InBev statement (.pdf)
    • Previously: AB InBev prepping offer for SABMiller
    • Previously: Beer stock rally with M&A on tap
    | Sep. 16, 2015, 11:01 AM | 7 Comments
  • Sep. 10, 2015, 7:08 AM
    • Mondelez International (NASDAQ:MDLZ) presented today at the Barclays Global Consumer Staples conference with a sharp focus on the major cost-cutting measures in place at the company.
    • Execs said the measures will help Mondelez to cut overhead as a percentage of revenue by at least 250 bps between 2013 and 2016.
    • E-commerce was also a topic. The food seller sees e-commerce bringing in as much as $1B a year by 2020.
    • Previous guidance from Mondelez was reaffirmed at the conference.
    | Sep. 10, 2015, 7:08 AM
  • Aug. 31, 2015, 11:08 AM
    • Mondelez International (NASDAQ:MDLZ) selected eight startups to participate in its Shoppers Futures innovation initiative.
    • The company plans to help the start-ups launch pilot programs at major retailers and evaluate the results to see if an investment is warranted.
    | Aug. 31, 2015, 11:08 AM | 1 Comment
  • Aug. 20, 2015, 3:20 PM
    • 3G Capital continues to be a major influence in the food industry as recent job cuts at Kraft and Heinz send a strong message.
    • Management at Nestle (OTCPK:NSRGY), Mondelez International (NASDAQ:MDLZ), Kellogg (NYSE:K), and Campbell Soup (NYSE:CPB) are utilizing a "zero-base budgeting" philosophy similar to the efficiency model pushed by 3G, according to Bloomberg.
    • Kraft Heinz (NASDAQ:KHC) is expected to cut $1.5B in annual costs before 2018, a disciplined approach likely to be copied by peers.
    | Aug. 20, 2015, 3:20 PM | 20 Comments
  • Aug. 19, 2015, 11:38 AM
    • Large food companies need to focus on bold M&A and innovation actions over recharging iconic brands, concludes Rabobank in a new report on the sector.
    • A shift in consumer preferences has sparked a need to introduce new brands which are on trend - instead of focusing on "innovation-lite" and product reformulation strategies. Buying promising brands at an earlier stage than normal is seen as a forward-thinking strategy.
    • Related stocks: KHC, MDLZ, PEP, KO, OTCPK:NSRGY, OTCPK:NSRGF, WWAV, HAIN, K, GIS, POST, CPB, PF, THS.
    | Aug. 19, 2015, 11:38 AM | 22 Comments
  • Aug. 14, 2015, 1:44 PM
    • Nestle (OTCPK:NSRGY, OTCPK:NSRGF) or General Mills (GIS +0.5%) could make a run at Mondelez International (MDLZ +0.9%) with Berkshire Hathaway and 3G effectively taking themselves out of the bidding process for a few years due to the Kraft-Heinz merger, speculates The Deal.
    • A buyer of Mondelez will have to be heavy hitter due to the company's estimated enterprise value of +$90B. PepsiCo (PEP +0.3%) fits the bill and has Nelson Peltz backing the play, but has a board and CEO seemingly uninterested.
    | Aug. 14, 2015, 1:44 PM | 26 Comments
  • Aug. 10, 2015, 7:49 AM
    • Warren Buffett tells CNBC that it's unlikely Kraft Heinz (NASDAQ:KHC) will make a large acquisition over the next couple of years.
    • The statement from the Berkshire chairman could impact some speculation over Mondelez International (NASDAQ:MDLZ) which is considered a prime target for a food giant.
    | Aug. 10, 2015, 7:49 AM | 10 Comments
  • Aug. 6, 2015, 12:06 PM
    • Pershing Square officially files a report on its investment in Mondelez International (MDLZ +0.5%).
    • The position was accumulated in June and July through a large number of transactions in the low-to-mid $40s and included call option activity.
    • There's a short note from Pershing that Mondelez is "undervalued" and an attractive investment. Shares of MDLZ have retreated from an early +6% rally.
    • Previously: Mondelez International takes flight after Pershing Square bet (Aug. 06 2015)
    • SEC Form 13D
    | Aug. 6, 2015, 12:06 PM | 4 Comments
  • Aug. 6, 2015, 9:15 AM
    | Aug. 6, 2015, 9:15 AM | 9 Comments
  • Aug. 6, 2015, 6:59 AM
    • Shares of Mondelez International (NASDAQ:MDLZ) fly in premarket trading after Pershing Square confirms that it took a $5.5B stake in the company.
    • The food company already has a heavyweight activist as a large shareholder with Trian Fund Management holding a 3% stake.
    • "We’ll continue to focus on executing our strategy and on delivering value for all our shareholders," noted Mondelez spokesperson Valerie Moens.
    • Mondelez has been the subject of merger/takeover speculation for over a year.
    • MDLZ +6.93% premarket to $49.50.
    | Aug. 6, 2015, 6:59 AM | 4 Comments
  • Aug. 5, 2015, 9:55 PM
    • Bill Ackman has built a $5.5B stake in Mondelez (NASDAQ:MDLZ), WSJ reports, betting that the snack maker will become the biggest target in a wave of consolidation reshaping the food industry.
    • Ackman, who reportedly believes MDLZ must grow revenues faster and cut costs significantly or sell itself to a rival such as Kraft Heinz (NASDAQ:KHC) or PepsiCo (NYSE:PEP), is expected to reveal his firm’s ~7.5% stake as soon as tomorrow.
    • Ackman’s arrival in MDLZ squeezes the food company between two of the heaviest hitters in the field, his Pershing Square and Trian Fund, co-founded by Nelson Peltz, who became a MDLZ director in January 2014 as part of a truce following another activist campaign.
    | Aug. 5, 2015, 9:55 PM | 26 Comments
  • Jul. 30, 2015, 8:15 AM
    • Margins were on the move at Mondelez International (NASDAQ:MDLZ) in Q2.
    • Adjusted operating income margin +270 bps to 15.2%. The company says its on track to meet a 2016 operating income margin target of 15%-16%.
    • Latin America organic revenue +19.7% off solid pricing trends.
    • North America organic revenue +0.3%.
    • Asia Pacific organic revenue +3.0%.
    • Guidance: Mondelez increases full-year organic revenue guidance to +3% from +2%.
    • Previously: Mondelēz beats by $0.08, beats on revenue
    • MDLZ +4.06% premarket to $44.85.
    | Jul. 30, 2015, 8:15 AM | 2 Comments
  • Jul. 30, 2015, 8:03 AM
    • Mondelēz (NASDAQ:MDLZ): Q2 EPS of $0.47 beats by $0.08.
    • Revenue of $7.67B (-9.1% Y/Y) beats by $180M.
    • Shares +3.9% PM.
    | Jul. 30, 2015, 8:03 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