Mondelez Int'l (MDLZ) Ends Merger Talks with Hershey (HSY)
- Wall Street stocks fall as weak GDP growth spreads rate-cut gloom
- Q1 US GDP shows surprise slowing and uncomfortable inflation
- Alphabet (GOOGL) soars 16% on Q1 results beat, first-ever dividend
- Meta shares dip on softer Q2 revenue guidance, elevated AI spending plans
- Oil settles higher as weak U.S. economic growth offset by supply concerns
- IBM tumbles on soft Q1 revenue; announces HashiCorp $6.4bn acquisition
- Hasbro (HAS) brand strength sees earnings top expectations
- Meta Platforms (META) Tops Q1 EPS by 39c, Offers Guidance
- Seagate Technology (STX) Enters $600M Asset Purchase Agreement with Avago
- Rubrik (RBRK) Prices Upsized 23.5M Share IPO at $32/sh
- After-hours movers: Alphabet, Microsoft, Snap, Intel, and more
- Midday movers: Meta, IBM, Caterpillar fall; Chipotle rises
- After-hours movers: Meta, Ford, IBM, ServiceNow and more
- Midday movers: Tesla, Boeing rise; Uber, Old Dominion Freight fall
- After-hours movers: Tesla, Texas Instruments, Seagate, Visa and more
Cost Cuts and Potential Kraft-Heinz (KHC) Bid Could Be Next for Mondelez (MDLZ) - RBC
August 30, 2016 1:22 PM EDTRBC Capital analyst David Palmer weighed in on what Mondelez's (NYSE: MDLZ) dropped bid for Hershey (NYSE: HYS) means for the company.
Palmer said while Mondelez could look for other acquisitions, they continue to believe the company will... More
UPDATE: Mondelez (MDLZ) Raised Hershey Foods (HSY) Bid to $115/Share Before Abandoning Pursuit - DJ
August 29, 2016 4:40 PM EDT(Updated - August 29, 2016 4:46 PM EDT)
Mondelez (Nasdaq: MDLZ) raised its bid for Hershey Foods (NYSE: HSY) to $115 per share last week prior to giving up on efforts to acquire the company, according to Dow Jones,... More