Mondelez is also having to deal with cost inflation in its supply chain in respect to “unprecedented” cocoa prices.

RBC Capital lowered the firm’s price target on Mondelez (MDLZ) to $69 from $75 and keeps an Outperform rating on the shares.

Prices of cocoa — a key ingredient in chocolate — have increased relentlessly over the past year, forcing companies such as ...

Cadbury-parent Mondelez International missed Wall Street estimates for fourth-quarter revenue on Tuesday, as higher prices for its chocolates and biscuits hurt demand during the crucial holiday season ...

In 2016, Hershey rejected a $23 billion takeover bid from Mondelez, as written by Yahoo Finance. A significant factor in any potential acquisition is the Hershey Trust Company, which holds ...

The Fed's preferred gauge showed inflation largely stuck in neutral, days after the central bank paused rate cuts.

We recently published a list of 12 Best Depressed Stocks to Invest in Now. In this article, we are going to take a look at ...

After working at big banks including Citigroup and UBS, followed by a stint as information security for consumer goods giant Procter & Gamble, Kostas Georgakopoulos got an offer he couldn't refuse ...