X Close

Archives

Thursday May 9, 2013

Cadbury maker raises outlook

new york: Mondelez Interna-tional Inc posted quarterly earnings that were slightly better than expected and raised its full-year earnings forecast due to a benefit from a tax item.

The newly-independent maker of Cadbury chocolates and Oreo cookies said net income was US$568mil, or 32 cents per share, in the first quarter. That was down from US$813mil, or 46 cents per share, a year earlier, before the company separated from Kraft Foods Group Inc. Revenue rose nearly 1% to US$8.74bil. Reuters

advertisement

  1. Selangor cops make RM30mil black money bust
  2. Lawyer suffocates in attempt to rescue puppies from metre-deep hole
  3. Firefly flight bound for Kota Baru forced to turn back
  4. When the world turns upside down
  5. Malacca treasure no longer a myth
  6. The Obama double in Malaysia
  7. TV series 'Indian Summers' to be shot in Penang
  8. Babysitter swings one-year-old - and kills her instead
  9. Malaysian passport 9th best in the world
  10. Japanese oil tanker robbed, three crew believed kidnapped in dramatic dawn raid

advertisement

advertisement