Oreo maker Mondelez says profit doubled as it raised prices

DEERFIELD — Mondelez, the company behind Oreo and Chips Ahoy cookies, said its profit in the first quarter nearly doubled as it raised prices for its products and cut costs. Shares of Mondelez International Inc. rose $1.91, or 5.2 percent, to $38.71 in afternoon trading Wednesday. The company said it raised prices due … Read More
by Chicago
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