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The Latest Breaking News from Mondelez International Inc

Sugar Shortages Squeeze Candy Makers, Prompt Calls For Policy Changes

Candy companies grapple with tight sugar supplies and soaring prices

Zenger · Jul 24, 2023

Mondelez's Enjoy Life Recalls Select Bakery Products - Read Why

Mondelez International Inc (NASDAQ:MDLZ) owned Enjoy Life Natural Brands LLC has issued a voluntary recall of a limited quantity of a select list of baked snacks products. The recall is a precautionary move due to the potential presence of hard plastic pieces in the products. Also Read: Oreo Owner Mondelez Buys Nutritious Energy Bar Maker Clif…

Benzinga · Jul 1, 2022

Mondelez to reopen war-damaged potato-chip plant outside Kyiv

Mondelez International Inc plans to reopen a potato-chip plant on the outskirts of Kyiv next week which was closed following Russia's invasion of Ukraine, a spokeswoman said.

Reuters · Jun 25, 2022

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Mondelez Agrees To Acquire Confectionery Company Ricolino For $1.3B

Mondelez International Inc (NASDAQ:MDLZ) has agreed to acquire Grupo Bimbo’s confectionery business, Ricolino, for $1.3 billion. The company expects the acquisition to double the size of its Mexico business and provide an attractive entry point into the chocolate category while expanding its presence in snacking. Ricolino’s annual revenue is about $500 million. It employs 6,000 associates…

Benzinga · Apr 25, 2022

Analyzing Mondelez International Inc - Class A's Short Interest

Mondelez International Inc - Class A's (NASDAQ:MDLZ) short percent of float has fallen 4.0% since its last report. The company recently reported that it has 13.29 million shares sold short, which is 0.96% of all regular shares that are available for trading.

Benzinga · Apr 8, 2022

Looking Into Mondelez International Inc - Class A's Recent Short Interest

Mondelez International Inc - Class A's (NASDAQ:MDLZ) short percent of float has risen 29.87% since its last report. The company recently reported that it has 13.90 million shares sold short, which is 1.0% of all regular shares that are available for trading.

Benzinga · Mar 23, 2022

More Non-US Companies Restricted Services In Russia After US Counterparts

Rio Tinto PLC (NYSE:RIO) became the first leading miner to suspend trading relations with Russian businesses, Reuters reports. Japan's Sony Group (NYSE:SONY) and Nintendo Co Ltd (OTC:NTDOF) (NTDOY) also halted deliveries of their gaming consoles. Credit Suisse Group AG (NYSE:CS) flagged a ~$900 million Russian credit exposure. Hitachi Construction Machinery Co Ltd (OTC:HTCMF) (OTC:HTCMY) looks to stop exports…

Benzinga · Mar 10, 2022

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