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Mondelez International (NASDAQ:MDLZ) will expand into emerging markets to keep pace with an increasingly competitive global marketplace but expects second-quarter margins to remain pressured. The Deerfield, Ill.-based snack giant said Wednesday that it plans to increase investments in focused emerging markets by about $100 million this year using expanding margins in top-tier markets like Europe and North America.It will look to grow those investments to $200 million in 2014 and up to $300 million in 2015 and beyond, with a focus on increasing marketing and trade support behind its most popular brands and adding route-to-market and sales capabilities, while entering new markets with fresh categories such as the recent launch of Stride gum in China.The efforts are a reflection of intensifying competition in those regions as demand skyrockets amid a rapidly widening middle class."Emerging markets are essential to our overall growth aspiration," Mondelez CEO Irene Rosenfeld said at the Ci...
GAMCO Investors Chairman Mario Gabelli on the stocks to boost investors’ portfolios.
Shares in top U.S. packaged food companies Mondelez International Inc and PepsiCo Inc jumped on Friday on speculation that they could merge, after a report that acti...
Billionaire corporate raider Nelson Peltz has reportedly taken stakes in both PepsiCo (NYSE:PEP) and Cadbury parent Mondelez International (NASDAQ:MDLZ) in what coul...
Activist investor Nelson Peltz could be lining up a 112 billion pounds ($169.58 billion) merger between Mondelez International Inc. (MDLZ) and PepsiCo (PEP) after bu...
Dr. Pepper Snapple (NYSE:DPS) inked a deal on Monday with Mondelez International (NASDAQ:MDLZ) to reacquire the distribution rights for Snapple and other non-carbona...
Bioplastics group Mossi & Ghisolfi has hired 50 people a year for the last five years - not bad when Italy's unemployment has risen steadily to a 13-year high above ...
BOCA RATON, Florida--Mondelez International Inc. (MDLZ) Chief Executive Irene Rosenfeld continued to defend the snack company's long-term growth rates, saying that i...
Berkshire Hathaway CEO Warren Buffett on the company’s deal to buy Heinz with 3G Capital.
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Mondelez International Inc. (MDLZ) is trying to stay ahead of competitors, eyeing emerging markets' growing appetite for snacks.The maker of Oreos cookies, Cadbury c...
Mondelez International Inc.'s (MDLZ) first-quarter revenue growth missed long-term targets for the third straight period since spinning off its North American grocer...
Mondelez International Inc.'s (MDLZ) first-quarter earnings fell 30% amid impacts related to the spinoff of the snack giant's North American grocery business last ye...
Starbucks Corp. (SBUX), Kraft Foods Group Inc. (KRFT) and Mondelez International Inc. (MDLZ) will all have to wait a bit longer for a conclusion to their bitter brea...
Gabelli & Company research analyst Damian Witkowski weighs in on whether there’s a Pepsi split on the way, and outlook for the company.
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