Closing Bell: Mondelez Earnings, Starbucks Sales Miss, Novo Nordisk Selloff
On this episode of Stock Movers: Listen for comprehensive cross-platform coverage of the US market close as heard on Bloomberg Television, Bloomberg Radio, and YouTube with Romaine Bostick, Scarlet Fu, Carol Massar and Tim Stenovec.- Mondelez (MDLZ) posted quarterly results that topped estimates, but reiterated its annual outlook. The company reported better-than-expected sales for the second quarter, citing strong pricing execution in its chocolate business. The owner of the Oreo, Ritz and Cadbury brands reported adjusted earnings per share of 73 cents, topping analysts’ expectations…
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