Tasty rumour - Report says Kraft-Heinz looking to buy Cadbury's owner Mondelez
Traders highlighted the chatter, made initially in Swiss economic magazine, Bilanz, which sent Mondelez shares 12% higher in pre-market trading.
Company
NASDAQ:MDLZ
Mondelez International Inc empowers people to snack right in over 150 countries around the world. With 2023 net revenues of approximately $36 billion, MDLZ is leading the future of snacking with iconic global and local brands such as Oreo, Ritz, LU, Clif Bar and Tate's Bake Shop biscuits and baked snacks, as well as Cadbury Dairy Milk, Milka and Toblerone chocolate.
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Traders highlighted the chatter, made initially in Swiss economic magazine, Bilanz, which sent Mondelez shares 12% higher in pre-market trading.
US stocks gained on Thursday and even a score of states suing drug companies did not dent returns in the healthcare sector of the S&P 500
Wall Street sank today as a spate of poor earnings reports from media companies dragged the sector index to its worst two-day loss since the financial crisis. The S&P 500 (INDEXSP:.INX) sank 0.7 percent to 2,085.19 at 3:48 p.m. in New Y
U.S. stock-index futures were little changed amid corporate earnings while data showed jobless claims hovered near four-decade lows, that is likely to give clues regarding the timing of a rate increase by the U.S. Federal Reserve. Futures f