Mondelez (MDLZ) is actively working to switch to natural dyes for products that use synthetic colors, without giving a time frame for the transition, Reuters’ Jessica DiNapoli reports, citing a company email. The company said the work is in line with changing consumer preferences and local laws. In 2015, Mondelez said it would remove artificial colors and flavors in many of its brands by 2020.
Claim 55% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on MDLZ:
- Snickers Maker Mars Plans $1.2B Investment in Europe as Expansion Drive Hits a Snag
- Mondelez International: Strong Sales Growth and Improved Pricing Power Drive Buy Rating
- Mondelez International: Buy Rating Reaffirmed Amid Short-Term Challenges and Long-Term Growth Potential
- J.P. Morgan Advises Playing the Lower Interest Rates Theme With These 2 Food Stocks
- Mondelez International: Buy Rating Affirmed Amid Strategic Pricing and Favorable Currency Impacts