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This Week In Gender Wars: CEO Ousters And Google Memos
Wednesday, August 9, 2017 - 2:43pm | 475August didn’t start off so well for the women of Wall Street. Alphabet Inc (NASDAQ: GOOGL)’s staff provoked a national debate on the technical capabilities of women, and the already-intimate cadre of female CEOs contracted with the ousters of Avon Products, Inc. (NYSE: AVP)’s...
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What Irene Rosenfeld Accomplished At Mondelez
Wednesday, August 2, 2017 - 2:10pm | 488Irene Rosenfeld's tenure as CEO of Mondelez International Inc (NASDAQ: MDLZ) has come to an end. The executive confirmed Wednesday she will step down as CEO in November and will give up her board of director seat next year. Rosenfeld was instrumental in Kraft's 2010 acquisition of UK-based Cadbury...
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Could An Ouster Of Mondelez's Irene Rosenfeld Mean A Deal For Buffett's Berkshire?
Saturday, April 22, 2017 - 11:39am | 914On April 9, the Wall Street Journal reported, quoting sources, Mondelez International Inc (NASDAQ: MDLZ) is seeking to replace its CEO Irene Rosenfeld. Does a potential exit by Rosenfeld mean more power for billionaire investor Warren Buffett, with whom Rosenfeld had run-ins in the past? Update...
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Oh No, Oreo! WSJ Reporting Mondelez Could Oust CEO Rosenfeld
Monday, April 10, 2017 - 9:21am | 311Shares of Mondelez International Inc (NASDAQ: MDLZ) gained more than 1 percent early Monday morning after the Wall Street Journal reported Sunday that the snack-maker is looking to oust its CEO Irene Rosenfeld. Mondelez's move to find a successor to Rosenfeld stems from increased pressure from...
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Mondelez's CEO Introduces New Healthier Product Line But Isn't Abandoning Oreos
Tuesday, February 21, 2017 - 1:14pm | 322One of the greatest challenges faced by snack and food makers is the ongoing trend of consumers demanding healthier options. To combat this trend, Mondelez International Inc (NASDAQ: MDLZ), the maker of Oreo cookies, announced a brand new line of snacks called Vea. Vea will offer consumers...
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Myth: Sales Of Snacks Rise In Uncertain Times
Wednesday, February 8, 2017 - 2:51pm | 400Sales of snacks and junk food tend to rise during times of uncertainty, right? According to one of the world's largest snack makers, this is not the case at all. According to CNNMoney, Mondelez International Inc (NASDAQ: MDLZ), the parent company behind Oreo and Cadbury snacks, said during its...
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Mondelez Dips 2% Following Q4 Print
Wednesday, February 3, 2016 - 10:07am | 352Shares of Mondelez International Inc (NASDAQ: MDLZ) were trading lower by more than 2 percent early Wednesday morning after the company reported its fourth quarter results. Mondelez it earned $0.46 per share in the fourth quarter on revenue of $7.36 billion. Wall Street analysts were expecting the...
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Warren Buffett Votes No to Kraft’s Bid for Cadbury (CBY, KFT, BRK, HSY, NSRGY)
Tuesday, January 5, 2010 - 12:00pm | 344The Oracle of Omaha, Warren Buffett, has decided to say No to Kraft management's proposed plan to issue an additional $16 billion to pay for the merger which will reportedly cost $16 billion in cash and stock. The news of Warren Buffett’s refusal to support the issuing of additional shares comes on...