Mondelez International Inc

Plunge of Valeant Shares Made Bill Ackman to Lose $1 Billion

A huge slump in Valeant Pharmaceutical stocks on Tuesday made Pershing Capital to lose more than $1 billion in one day. Meanwhile Bill Ackman planned to take more active role in the drugmaker.

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Mondelez inks deal to sell SnackWell's stake to US private equity firm

Illinois-based snack company Mondelez International Inc has entered an agreement to sell a controlling stake in its cookie and cracker business, SnackWell's, to Connecticut-based private equity firm Brynwood Partners for an undisclosed amount.

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Arbitrator orders Starbucks to pay up

In finding the termination of the agreement was improperly made, an arbitrator ruled that Starbucks is liable to pay a total of USD2.76 million to Mondelez-Kraft for violating the terms of its contract.

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Top 10 Initial public offers in US

Top 10 US IPOs, Iincluding General Motors (GM), Hospital Corporation of America (HCA), Travelers Companies (TRV), Blackstone Group (BX)

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Study finds Oreos addictive like cocaine

A study found that Oreo cookies were as addictive as cocaine.

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