Mondelez International NEWS
Mondelez International (MDLZ) Lifted to “Sell” at BidaskClub
- The Ledger Gazette
BidaskClub upgraded shares of Mondelez International
(NASDAQ:MDLZ) from a strong sell rating to a sell rating in a research report sent to investors on Monday, February 5th. A number of other equities analysts have also weighed in on the stock. UBS ...
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Mondelēz International, Inc., styled Mondelēz (), is an American multinational confectionery, food, and beverage company based in Illinois which employs about 107,000 people around the world. It consists of the global snack and food brands of the former Kraft Foods Inc after the October 2012 spin-off of its North American grocery operations. The Mondelez name, adopted in 2012, was suggested by Kraft Foods employees and is derived from the words mundus (Latin for “world”) and delez (a proxy for the word delicious).The company, headquartered in the Chicago suburb of Deerfield, Illinois, manufactures chocolate, biscuits, gum, confectionery, and powdered beverages. Mondelez International's portfolio includes several billion-dollar brands such as Belvita, Chips Ahoy!, Nabisco, Oreo, Ritz, TUC, Triscuit, LU, Club Social, Barni, and Peek Freans (cookies and crackers); Milka, Terry's, Côte d'Or, Toblerone, Cadbury, Freia, Marabou, Fry's, Lacta (chocolate), Trident, Dentyne, Chiclets, Halls, Stride (gum and cough drops) and Tang (powdered beverages).The company has an annual revenue of about $30 billion and operates in approximately 165 countries.Mondelez Canada holds the rights to Christie Brown and Company, which consists of brands such as Mr. Christie and Dad's Cookies. Its head office is in Mississauga, Ontario, with operations in Toronto, Hamilton Ontario and Montreal, Quebec.
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