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Mondelez Raised to Buy on Innovation, Cost-Saving Initiatives

2018-01-16 zacks
On Jan 11, we upgraded Mondelez International, Inc. (MDLZ - Free Report) by a notch to a Zacks Rank #2 (Buy). Going by the Zacks model, companies with a Zacks Rank #2 have chances of outperforming the broader market in the next two to three months. It goes without saying that major food companies are having a tough time due to the shift in consumer preference toward natural and organic food. The industry woes have also been hurting Mondelez’s stock price performance for quite some time now, gaining only 3. (40-0)

Fonterra sues Aussie firm Bega Cheese in dairy war

2018-01-06 nzherald.co.nz
Some of the Australia's favourite food brands are locked in a fight over who will become the biggest cheese of them all.

Bitcoin plunges from all-time high

2017-11-12 perthnow.com.au
THE Australian share market looks set to open flat following a mainly negative mood across international markets with investors concerned about US tax reform. At 0700 AEDT on Monday, the share price futures index was down one point, or 0.02 per cent, at 6,031. (5-0)

Saputo Back in Trademark Buying Mode With Murray Goulburn Deal - Bloomberg

2017-10-27 bloomberg
Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world. (8-0)

Bega pulls out of race for Murray Goulburn

2017-10-26 theage.com.au
The Australian dairy company Bega Cheese has pulled out of the race to buy dairy processor Murray Goulburn.

Bega pulls out of race for Murray Goulburn

2017-10-26 smh.com.au
The Australian dairy company Bega Cheese has pulled out of the race to buy dairy processor Murray Goulburn.

With Vegemite already in the pantry, Bega Foods poised to grow further

2017-10-24 theage.com.au
The dairy and food company Bega Cheese has signalled its willingness to make further acquisitions and expand, telling shareholders fresh opportunities for growth would inevitably arise.

With Vegemite already in the pantry, Bega Foods poised to grow further

2017-10-24 smh.com.au
The dairy and food company Bega Cheese has signalled its willingness to make further acquisitions and expand, telling shareholders fresh opportunities for growth would inevitably arise.

Gravox owner sells leading brands to Kraft

2017-10-19 smh.com.au
Classic food brands Fountain, Gravox and Foster Clark's have been sold to US food giant Kraft Heinz in a $290 million deal. (7-0)

Gravox owner sells leading brands to Kraft

2017-10-19 theage.com.au
Classic food brands Fountain, Gravox and Foster Clark's have been sold to US food giant Kraft Heinz in a $290 million deal. (7-0)

Kiwi dairy confirms bid for Murray

2017-09-25 perthnow.com.au
NEW Zealand dairy titan ­Fonterra has confirmed it has made a bid for Australia’s ­biggest dairy processor, Murray Goulburn Co-operative. (1-0)

Top Growth Opportunities: Dairy & Soy Food in Australia

2017-07-13 prnewswire
Summary Australia's Dairy market will grow at a CAGR of 4.0% in the five years to 2021. This follows a period of decline in US Dollar terms which saw the market record a CAGR of -2.8% in the five years to 2016.

Virus delays Vegemite return

2017-06-29 perthnow.com.au
But Bega Cheese was last night still waiting to take control of Vegemite after its landmark deal was delayed because of a computer virus.

Finance news you need to know today

2017-06-25 perthnow.com.au
THE Australian market looks set to open flat after a mainly positive lead from Wall Street and a lift in oil prices. At 0700 AEST on Monday, the share price futures index was up three points, or 0.05 per cent, at 5,662.

Fonterra ups the ante in Australia with higher milk price

2017-06-18 nzherald.co.nz
Fonterra has upped the ante in Australia by offering one of the highest milk prices of all the Aussie processors and widening the gap between the price offered by itself and the biggest player, Murray Goulburn.