Mondelēz International, Inc.NASDAQ
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  • Thu, Dec. 1, 12:08 PM
    • Mondelez International (MDLZ -0.5%) plans to close a plant in Montreal and eliminate 454 jobs, according to The Globe & Mail.
    • The company says the job losses will take place over time.
    • Mondelez will still have five active plants in Canada after the Montreal location winds down.
    | Thu, Dec. 1, 12:08 PM | 2 Comments
  • Wed, Nov. 9, 5:55 PM
    • The company reported Q3 revenue of $196.2M, operating income of $55.7M, and net income of $33.5M. The only Street coverage at the moment is from SunTrust, and the team there was looking for $180.2M, $49.8M, and $16.4M, respectively.
    • Seeking Alpha contributor and Hostess (NASDAQ:TWNK) bull Dane Capital Management notes the stock trades at several EBITDA multiple turns lower than slower growth and lower margin peers like Hershey (NYSE:HSY) and Mondelez (NASDAQ:MDLZ).
    | Wed, Nov. 9, 5:55 PM | 4 Comments
  • Tue, Nov. 8, 2:58 PM
    • Food stocks are getting gobbled after a report circulates indicating that 3G is prepping for another acquisition.
    • Sources tell Brazil Journal that 3G is raising between $8B and $10B for the new deal.
    • Gainers on the day include Mondelez International (MDLZ +4%), G. Will Food-International <<WILC,>> Kraft Heinz (KHC +2.8%), Pilgrim's Pride (PPC +2.9%), Lifeway Foods (LWAY +1.2%), Pinnacle Foods (PF +0.8%), Tyson Foods (TSN +1.4%), Seneca Foods (SENEB), Campbell Soup (CPB +3.6%), General Mills (GIS +3%), Kellogg (K +2.8%), Flower Foods (FLO +1.4%) and J.M. Smucker (SJM +1.1%).
    • The PowerShares Dynamic Foods & Beverage ETF (NYSEARCA:PBJ) is up 1.93% on the day.
    | Tue, Nov. 8, 2:58 PM | 38 Comments
  • Thu, Nov. 3, 8:24 AM
    | Thu, Nov. 3, 8:24 AM | 43 Comments
  • Fri, Oct. 28, 12:30 PM
    • Food stocks are in celebratory mood today after Hershey (HSY +6.6%) posted pleasing earnings results and Dean Foods is reported to be on the radar of Chinese beverage giant Hangzhou Wahaha Group.
    • A lesser factor, but still a possible tailwind, was this morning's better-than-anticipated GDP print.
    • Notable gainers include TreeHouse Foods (THS +1.2%), J M Smucker (SJM +2%), Post Holdings (POST +2%), Campbell Soup (CPB +2.5%), Pinnacle Foods (PF +1.6%), Hain Celestial (HAIN +1.3%), General Mills (GIS +1.6%) and Mondelez International (MDLZ +2.5%).
    • The PowerShares Dynamic Food & Beverage ETF (NYSEARCA:PBJ) is up 1.12% to outpace broad market averages.
    | Fri, Oct. 28, 12:30 PM | 3 Comments
  • Wed, Oct. 26, 9:51 AM
    • Mondelez International (MDLZ +2.1%) runs out an early gain after reporting Q3 numbers.
    • The company boosted full-year EPS guidance to a view of 25% growth (ex-currency), from a prior outlook for double-digit growth.
    • Organic sales were up 1.1% in Q3 vs. +1.6% consensus.
    • Susquehanna analyst Pablo Zuanic says the organic sales miss was mainly caused by emerging markets, pointing out that growth actually decelerated in all regions except Europe.
    • Previously: Mondelēz beats by $0.09, misses on revenue (Oct. 26)
    | Wed, Oct. 26, 9:51 AM
  • Wed, Oct. 26, 8:02 AM
    • Mondelēz (NASDAQ:MDLZ): Q3 EPS of $0.52 beats by $0.09.
    • Revenue of $6.4B (-6.6% Y/Y) misses by $50M.
    • Shares -0.02% PM.
    • Press Release
    | Wed, Oct. 26, 8:02 AM
  • Tue, Oct. 25, 5:30 PM
  • Mon, Oct. 17, 12:00 PM
    • Mondelēz International (MDLZ +0.2%) announces an offer to purchase debt securities for up to $2.5B in  principal amount.
    • The company says one of the purposes of the tender offer is to reduce its overall interest expense.
    • Source: Press Release
    | Mon, Oct. 17, 12:00 PM | 2 Comments
  • Fri, Oct. 14, 12:48 PM
    • A merger between Hershey (HSY +0.8%) and Mondelez International (MDLZ +0.8%) is seen by Stifel Nicolaus analyst Christopher Growe as unlikely to occur until 2018.
    • Growe thinks the Hershey Trust won't be in a position to evaluate an offer until at least then.
    • Shares of Hershey are higher on the day after Hershey announced the resignation of CEO John Bilbrey.
    • Source: Bloomberg News
    • Previously: Hershey confirms CEO retirement, backs guidance (Oct. 14)
    | Fri, Oct. 14, 12:48 PM | 12 Comments
  • Thu, Sep. 29, 10:02 AM
    • It's National Coffee Day in the U.S., but it's weather in Brazil and Vietnam that is the focus of the coffee industry.
    • Drought conditions and crop disease concerns have pushed prices higher and created some short-term supply constraints.
    • shows robusta coffee prices are up 18% YTD and mild arabicas prices are 16% higher.
    • Higher commodity prices can hit packaged coffee sellers harder than chains selling fresh coffee, although hedging activity also plays a larger factor in how individual companies shake out.
    • On a consumer level, don't expect any relief at Starbucks on their base coffee prices ($1.85 tall, $2.10 grande, $2.45 venti) anytime soon.
    • ETFs: JO, CAFE.
    | Thu, Sep. 29, 10:02 AM | 21 Comments
  • 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.
    • 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