Mondelez International, Class A (MDLZ) is involved in numerous developments in its internal and external operations. The company's recent strides have been noticed by RBC, upgrading the MDLZ stock to an 'Outperform' rating. Mondelez is also recognized for its commitment to diversity, equity & inclusion, hosting a master class on the subject. On a concerning note, Mondelez is recently involved in a class-action lawsuit alleging perpetuation of child labor and slavery by its parent company. Further internal developments include the appointment of Luca Zaramella as the new CFO.
MDLZ declared regular quarterly dividends and demonstrated strong earnings growth. However, questions are raised about the potential risks of investing in MDLZ.
Communities-wise, Mondelez carried out activities to support responses against COVID-19. The company opened a $30 million Manufacturing 'Line of the Future' in Poland and flagged the presence of listeria in muffin products, prompting a recall. The events highlight MDLZ's dedication to its customers' well-being and socio-economic inclusion. The company's collaboration initiatives like the CoLab startup engagement program signify its openness to innovation, reflected through targeting future snack trends. Lastly, sustainability initiatives are taken, launching and reporting the progress of the Cocoa Life program.
Mondelez International Class A MDLZ News Analytics from Tue, 04 Jun 2013 07:00:00 GMT to Tue, 23 Apr 2024 07:00:00 GMT - Rating 2 - Innovation 5 - Information 7 - Rumor -1
