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CG Stocks Reports – Mondelez International Inc (MDLZ), Nike Inc (NKE)

Shares of Mondelez International Inc (NASDAQ:MDLZ) ended Thursday session in red amid volatile trading. The shares closed down -0.02 points or -0.05% at $43.01 with 4.20 million shares getting traded. Post opening the session at $42.90, the shares hit an intraday low of $42.66 and an intraday high of $43.11 and the price vacillated in this range throughout the day. The company has a market cap of $66.70 billion and the numbers of outstanding shares have been calculated to be 1.56 billion shares.

Mondelez International Inc (MDLZ) announced that it will release its third quarter 2016 financial results on Wednesday, October 26, at 8 a.m. EDT and will host a conference call at 10 a.m. EDT that day.

Investors and analysts may participate via phone by calling 1-800-322-9079 from the United States and 1-973-582-2717 from other locations. To ensure timely access, participants should dial in approximately 10 minutes before the call starts. A listen-only webcast will be provided at www.mondelezinternational.com.

A replay of the conference call will be available until November 9, 2016, by calling 1-859-2056 from the United States and 1-404-537-3406 from other locations. The access code for both the conference call and its rebroadcast is 92448756. An archive of the webcast will be available on the company’s web site.

The company will be live tweeting the event at www.twitter.com/MDLZ.

Shares of Nike Inc (NYSE:NKE) ended Thursday session in red amid volatile trading. The shares closed down -0.09 points or -0.17% at $52.03 with 9.39 million shares getting traded. Post opening the session at $52.20, the shares hit an intraday low of $51.97 and an intraday high of $52.33 and the price vacillated in this range throughout the day. The company has a market cap of $87.27 billion and the numbers of outstanding shares have been calculated to be 1.33 billion shares.

Nike Inc (NKE) announced that Tom Peddie becomes the new VP, GM of North America, succeeding Joaquin Hidalgo, who has served in this role since July 2013 and will be taking a leave of absence to focus on his health. This change is effective immediately.

Peddie, a 26-year Nike veteran, has held senior management roles across Nike, including VP North America Sales and VP Global Sales. He was previously VP, GM of Emerging Markets and joined the North America team earlier this year as VP, GM of Integrated Marketplace, where he has led Nike’s holistic integrated market strategy in North America.

“Tom is a strong leader with a deep understanding of our consumer and the integrated marketplace,” said Elliott Hill, President of Geographies and Sales, Nike Brand. “He has proven time and again his ability to lead teams toward continued and profitable long-term growth and we look forward to his leadership in this important geography.”

“Joaquin has shown an unwavering commitment to our brand and to leading the North America business,” said Hill. “During the three years of his leadership, the North America business grew by more than a billion dollars each year. We look forward to his return to Nike.”

 

 

 

About Steve Johnson

Steve Johnson was previously writing news on part time basis with many consumer goods websites. Now Steve Johnson is writing columns with us on consumer goods. He has no match the way he presents the news on consumer goods. Customers like his news, analysis and predictions.

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