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Soaring cocoa prices put spotlight on Hershey, Mondelez earnings

Hershey and Mondelez International investors will be eager to see how the chocolate makers plan to tackle the recent surge in cocoa and...

Mondelez revamps operations after boycotts

Oreo cookie-maker Mondelez put new management in place at its profitable Russian business this week, according to two internal company memos seen by Reuters...

Mondelez abandons pursuit of US chocolate maker Hershey

NEW YORK, UNITED STATES: Mondelez International Inc (MDLZ.O), the maker of Oreo cookies and Cadbury chocolates, said it was no longer pursuing the acquisition of Hershey Co (HSY.N), two months after the US chocolate company turned down its $23 billion cash-and-stock bid.
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