S&P Futures
4,131.75 +8.25 (+0.20%) Dow Futures
33,948.00 +14.00 (+0.04%) Nasdaq Futures
12,561.50 +46.00 (+0.37%) Russell 2000 Futures
1,967.50 +2.40 (+0.12%) Crude Oil
75.96 +1.85 (+2.50%) Gold
1,886.80 +7.30 (+0.39%)
Mondelez International, Inc. (MDLZ)
After hours:
- Reuters
Mondelez sets aside 300 million euro to resolve EU antitrust probe
Oreo maker Mondelez has set aside 300 million euros ($326 million) to resolve an EU antitrust investigation into whether it blocked cross-border sales of its products in the European Union in breach of competition rules, the company has said in a regulatory filing. The European Commission opened a probe in January 2021 focusing on the parallel trade of Mondelez's chocolate, biscuits and coffee between EU countries where the company is a key producer in a market worth billions of euros. Mondelez, which also makes Cadbury and Toblerone chocolates, said it has been cooperating with the investigation and is currently in talks with the EU competition enforcer in bid to reach a negotiated, proportionate resolution.
- Reuters
CORRECTED-Mondelez sets aside 300 mln euro to resolve EU antitrust probe
Oreo maker Mondelez has set aside 300 million euros ($326 million) to resolve an EU antitrust investigation into whether it blocked cross-border sales of its products in the European Union in breach of competition rules, the company has said in a regulatory filing. The European Commission opened a probe in January 2021 focusing on the parallel trade of Mondelez's chocolate, biscuits and coffee between EU countries where the company is a key producer in a market worth billions of euros. Mondelez, which also makes Cadbury and Toblerone chocolates, said it has been cooperating with the investigation and is currently in talks with the EU competition enforcer in bid to reach a negotiated, proportionate resolution.
- Zacks
Is Hershey (HSY) Stock Outpacing Its Consumer Staples Peers This Year?
Here is how Hershey (HSY) and Mondelez (MDLZ) have performed compared to their sector so far this year.
