MondelΔz International, the parent company of Oreo and Chips Ahoy, has declared a Regular Quarterly Dividend of $0.425 per share, demonstrating its strong financial performance. In recent news, RBC upgraded Mondelez stock with an 'Outperform' rating. The company shows commitment towards ethical behavior through a robust Compliance and Integrity Program. Even the 2022 edition of the 'Snacking Made Right Report' highlighted their community impact and employee voluntary efforts, aligning with the company's values. However, it is currently facing a class action lawsuit accusing it of perpetuating child labor and slavery. In other developments, the company's Global R&D Team has opened, and it has expressed its support to the communities, employees, and customers in response to COVID-19. Making significant strides in sustainable practices, MondelΔz International has doubled down on their Cocoa Life Program with a total investment of $1 billion by 2030, as well as launched other sustainability programs. Yet, a class action lawsuit alleges a company data breach affecting thousands of individuals. Lastly, they have recently inauguraled a $30 million manufacturing 'Line of the Future' in Poland.
Mondelez International Class A MDLZ News Analytics from Tue, 04 Jun 2013 07:00:00 GMT to Wed, 22 May 2024 18:18:26 GMT - Rating 7 - Innovation 2 - Information -2 - Rumor 5
