Food Dive1d
Mondelēz, Hershey pressured by a prolonged spike in cocoa prices
The Oreo maker warned of “unprecedented” inflation for the commodity that would reduce its earnings, while the Kisses giant ...
Mondelez price target lowered to $69 from $75 at RBC Capital
RBC Capital lowered the firm’s price target on Mondelez (MDLZ) to $69 from $75 and keeps an Outperform rating on the shares. The company ...
'Koji flour' product can help reduce reliance on cocoa in popular foods
A collaboration between Abertay University and a food biotechnology company has led to the development of an innovative ...
Oreo maker warns cocoa costs will drive down earnings per share 10%
Cocoa prices remain substantially elevated from prior years, more than doubling since the end of 2023. Chief Executive ...
Today12d
Walmart gets a new logo and people are talking. Here's why
Walmart’s latest brand and logo update has left some social media users baffled. On Jan. 13, the company announced in a press release on its website that it was launching a “comprehensive ...
Investing17d
Mondelez cut at Jefferies on 'increasing risk to cocoa production'
Investing.com -- Jefferies downgraded Mondelez (NASDAQ:MDLZ) International from Buy to Hold, citing growing concerns over cocoa supply constraints that could weigh on the company's future earnings.
Investing17d
Jefferies lowers Mondelez shares to Hold amid cocoa supply-demand imbalance concerns
International, changing the company's stock rating from Buy to Hold and reducing the price target to $62 from $75. The downgrade reflects concerns about Mondelez's earnings potential amid structural ...