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 ...
Oreo maker warns cocoa costs will drive down earnings
Mondelez International Inc shares slumped in after-hours trading after the snack food company said “unprecedented cocoa cost ...
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Mondelez warns of additional “headwind” from Trump tariffs threat
Mondelez is also having to deal with cost inflation in its supply chain in respect to “unprecedented” cocoa prices.
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Mondelez Q4 Earnings Miss Estimates Amid Increased Cocoa Costs
Mondelez International, Inc. MDLZ posted fourth-quarter 2024 results, with the top line increasing year over year but missing ...
Piper Sandler cuts Mondelez stock target to $56 on cocoa costs
Piper Sandler adjusted the price target for Mondelez International (NASDAQ:MDLZ) shares, reducing it to $56 from the previous $63, while retaining a Neutral rating on the stock. The stock, currently ...
business on MSN21h
Cedi depreciation and its ripple effects
By Samuel Lartey(Prof) [email protected] The Ghanaian economy entered 2025 with a mixed bag of challenges and opportunities as the cedi continued its perennial battle against major trading ...
Money blog: Bank of England cuts benchmark interest rate
Welcome to the Money blog as the Bank of England announces a cut in the base rate from 4.75% to 4.5%. You can submit a ...