Investors are honed in on consumer companies that use cocoa as a raw ingredient to see how they manage costs to protect the bottom line.» Read More
Although you may search the market far and wide for value, sometimes the best plays are right under your nose.
Cadbury withdrew two varieties of its chocolate snacks from sale in Muslim-majority Malaysia last week after government tests found traces of pork in them, leading some Islamic groups to call for a boycott on all of its products.
JAKARTA/ KUALA LUMPUR, May 30- Indonesian authorities said on Friday they were testing products made by British confectioner Cadbury to check they complied with Islamic standards after two chocolate varieties in neighbouring Malaysia were found to be contaminated with pork DNA.
Mondelez foods after pork traces@. KUALA LUMPUR, May 29- Muslim retail and consumer groups in Malaysia on Thursday called for a boycott of products made by Britain- based confectioner Cadbury and its parent Mondelez International Inc, after two chocolate varieties were found to have infringed Islamic rules by containing pork DNA.
KUALA LUMPUR, May 29- Muslim retail and consumer groups in Malaysia on Thursday called for a boycott of products made by Britain- based confectioner Cadbury and its parent Kraft Foods Group Inc after two chocolate varieties were found to have infringed Islamic rules by containing pork DNA.
KUALA LUMPUR, May 29- Muslim retail and consumer groups on Thursday called for a boycott of products made by British-based confectioner Cadbury and its parent Kraft Foods Group Inc after two chocolate varieties were found to have contravened Islamic rules by containing pork DNA.
This chocolate company is investing in tech to drive productivity and innovation. It even has a futurist on staff. Up next: 3-D manufacturing.
*World's biggest chocolate maker says Indonesia must raise cocoa bean output. SINGAPORE, May 21- World No.3 cocoa bean producer Indonesia should push to more than double output to 1 million tonnes a year to meet Asia's growing appetite for chocolate and demand from local grinders, a senior official at Barry Callebaut said on Wednesday.
Even if you’re not already holding these 3 break-up stories, Cramer says it’s not too late to benefit.
May 7- Mondelez International Inc and competitor D.E Master Blenders 1753 are merging their coffee businesses in a deal aimed at taking on market leader Nestle SA. The merger announced on Wednesday will marry Mondelez's grocery coffee brands such as Carte Noire and Gevalia with D.E Master Blenders' L'OR, Pilao and Senseo brands.
NEW YORK, May 7- U.S. stocks mostly rose on Wednesday, bouncing off earlier lows after comments from Federal Reserve Chair Janet Yellen offered no surprises, but the Nasdaq fell for a second straight day, weighed down by declines in Internet-related shares.
*Whole Foods tumbles after earnings, outlook. Stocks such as Amazon.com Inc, down 1.9 percent at $291.50, Facebook Inc, down 2.3 percent at $57.17 and Google Inc, down 1.5 percent at $514.88, all weighed heavily on the Nasdaq, which has shed more than 2 percent over the past two sessions.
Talks between Mondelez and D.E. Master Blenders began well before investor Nelson Peltz joined Mondelez's board, a source told CNBC.
May 7- Mondelez International Inc and rival D.E Master Blenders 1753, who make Kenco and Douwe Egberts brands respectively, will join up in a deal that creates the world's biggest pure-play coffee company to take on market leader Nestle.
*Whole Foods tumbles after earnings, outlook. *Developments in Ukraine helped sentiment, as Russian President Vladimir Putin said Wednesday he was ready to discuss a way out of the crisis with the head of the Organization for Security and Co-operation in Europe.
May 7- Mondelez International Inc and Dutch coffee and tea company D.E Master Blenders 1753 BV said on Wednesday they would combine their coffee businesses, as the U.S. company focuses on snacks such as Cadbury chocolate and Oreo cookies.
Some of the names on the move ahead of the open.
May 7- Mondelez International Inc and D.E Master Blenders 1753 BV said they would combine their coffee businesses to create a company with annual revenue of more than $7 billion. U.S.-based Mondelez's coffee portfolio outside of France will be combined with those of Netherlands- based D.E Master Blenders.
Traders across the financial markets will be hyper-focused on Congressional testimony from Fed Chair Janet Yellen Wednesday.
Testimony from Federal Reserve Chair Janet Yellen and Ukraine are what traders say could most affect markets in the week ahead.