Workforce in the spotlight: Mondelez International Inc (NASDAQ:MDLZ), SandRidge Energy Inc. (NYSE:SD)

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Shares of Mondelez International Inc (NASDAQ:MDLZ), declined – 1.59% to $40.81, amid its last exchanging session.


Mondelez International, Inc. is a nibble sustenance and refreshment organization. The Company makes and markets nibble sustenance and drink items for purchasers in around 165 nations around the globe. The Company offers its brands in five item classifications: bread rolls (checking treats, saltines and salted snacks); chocolate; gum and confection; drinks (tallying espresso and powdered refreshments), and cheddar and basic supply.

The Mondelēz International Foundation is helping to give at-danger center school understudies over the United States energizing open doors through another association with After-School All-Stars (ASAS), an imaginative association with a mission to help understudies succeed in school and in life.

Through the association, After-School All-Stars will extend its after-school program’s capacity to offer vigorous nourishment instruction, cooking classes, urban planting and other solid way of life chances to center school understudies, and keep tabs on understudies’ development towards accomplishing widespread measurements through its recently settled project assessment division. This is the Foundation’s first ever association with a project equipped particularly towards center school understudies. The project will achieve understudies and families in more than 150 schools in twelve national markets all through the United States.

After-School All-Stars President and CEO Ben Paul said, “Exploration demonstrates that heathy way of life propensities establish the framework for understudy accomplishment inside and outside of the classroom. We are appreciative to the Mondelēz International Foundation for its bolster and are excited that our nourishment, cooking and other wellbeing and work out regimes will now serve considerably more understudies. Together, we’ll help understudies create long lasting propensities which will enhance their wellbeing, wellbeing and achievement.”

Shares of SandRidge Energy Inc. (NYSE:SD), declined – 5.04% to $0.260, amid its last exchanging session.

SandRidge Energy, Inc. is an oil and common gas organization. The Company works in three business fragments: investigation and creation, penetrating and oil field administrations, and midstream administrations. The investigation and creation section investigates for, creates and delivers oil and common gas in the Mid-Continent.

SandRidge Energy announced that its Board of Directors has chosen to suspend installment of the $3.50 per offer semi-yearly profit on shares of its 7.0% Convertible Perpetual Preferred Stock.

The Company has 3,000,000 shares of 7.0% Convertible Perpetual Preferred Stock remarkable and will proceed to re-assess the profit installment strategy on a semi-yearly premise.

The suspension of its profit does not influence the Company’s business operations and does not bring about an occasion of default under any of its obligation understandings.

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About the Author

Kristen Rose
University graduate with a bachelor's degree in business administration. Kristen is the Finance Editor, overseeing markets, economics, wealth, fintech, banking, and regulation coverage, based in London. She like to keep things simple, enjoy life, & appreciate everything around me.♡