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Mondelez Shares Rise Despite Mixed Earnings Report

Mondelez rises after topping analysts' earnings estimates for the latest quarter.
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Mondelez (MDLZ) - Get Report shares were higher Wednesday after the snack food maker topped analysts' third quarter bottom-line estimates, though the company did miss on revenue. The company reported earnings of $0.52 a share, $0.09 a share better than forecasts. Revenue came in at $6.4 billion...just slightly below expectations.

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