Companies Announce Quarterly Results and Declare Dividends- Research Report on Mondelez International, Cosan, The Andersons, Universal, and Snyder's-Lance

NEW YORK, August 12, 2013 /PRNewswire/ --

Today, Analysts' Corner announced new research reports highlighting Mondelez International, Inc. (NASDAQ: MDLZ), Cosan Ltd. (NYSE: CZZ), The Andersons, Inc. (NASDAQ: ANDE), Universal Corp. (NYSE: UVV), and Snyder's-Lance, Inc. (NASDAQ: LNCE). Today's readers may access these reports free of charge - including full price targets, industry analysis and analyst ratings - via the links below.

Mondelez International, Inc. Research Report

On August 7, 2013, Mondelez International, Inc. (Mondelez International) reported its Q2 2013 financial results, posting revenue increase of 0.8% YoY to $8.6 billion. Net loss attributable to Mondelez International was $616 million or $0.34 per diluted share, compared to $1.0 billion or $0.58 per diluted share in Q2 2012. Chairman and CEO, Irene Rosenfeld, said, "Faster top-line growth in emerging markets, strong volume/mix gains and increasing market shares globally drove our first-half business performance, which was in line with the expectations we outlined earlier in the year. For the second half of 2013, we expect our top-line growth to accelerate from investments in emerging markets and continued momentum on our global snacking platforms and Power Brands, despite indications of slowing category growth in key markets such as China, Brazil and Russia." The Full Research Report on Mondelez International, Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.analystscorner.com/r/full_research_report/4023_MDLZ]

--

Cosan Ltd. Research Report

On August 7, 2013, Cosan Ltd. (Cosan) reported its financial results for Q2 2013. Revenue increased 427.2% YoY to (Brazilian Real) R$2.2 billion, while Rumo, its Logistics Operations business unit, reached R$85 million EBITDA compared to R$42.8 million in Q2 2012. Net loss was R$198 million compared to net loss of R$17.1 million in Q2 2012. Cosan informed that it has adopted IFRS 11, consequent to which Cosan's investment in Raizen will be reported under equity accounting. Cosan further stated that its fiscal year will be in line with the calendar year and for 2013, fiscal year will end on December 31, 2013 (comprising of only nine months). The Full Research Report on Cosan Ltd. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.analystscorner.com/r/full_research_report/9a22_CZZ]

--

The Andersons, Inc. Research Report

On August 6, 2013, The Andersons, Inc. (The Andersons) reported its Q2 2013 financial results with revenue increase of 19.1% YoY to $1.6 billion. Net income was $30.7 million or $1.57 per diluted share, compared to net income of $28.5 million or $1.56 per diluted share in Q2 2012. CEO Mike Anderson stated, "We had record quarterly results in both our Rail and Ethanol groups, and strong results in our Plant Nutrient Group. The Rail Group continues to manage its railcar portfolio in a skillful manner. The 2012 drought continues to have a strong impact on our Grain Group, as was expected, and the largest impact may be seen in the third quarter. A projected record corn crop, however, should positively impact the group the last three or four months of 2013." The Full Research Report on The Andersons, Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.analystscorner.com/r/full_research_report/6bfc_ANDE]

--

Universal Corp. Research Report

On August 6, 2013, Universal Corp. (Universal) announced that its Board of Directors has approved a quarterly dividend of $0.50 per share on the common shares of Universal, payable on November 12, 2013, to common shareholders of record at the close of business on October 15, 2013. The Company also informed that the Board of Directors declared a quarterly dividend of $16.88 per share on the Series B 6.75% Convertible Perpetual Preferred Stock (Series B Preferred Stock), payable on September 16, 2013, to shareholders of record as of 5:00 p.m. ET on September 1, 2013. According to the Company, it will make changes in the conversion rate on its Series B Preferred Stock, with effect from the payment of the Company's common stock dividend on August 12, 2013. Universal further stated that the adjusted conversion rate on the Series B Preferred Stock will be 21.90 common shares per $1,000 of liquidation preference of Series B Preferred Stock and the new rate will be equivalent to a conversion price of approximately $45.7 per common share. The Full Research Report on Universal Corp. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.analystscorner.com/r/full_research_report/254b_UVV]

--

Snyder's-Lance, Inc. Research Report

On August 6, 2013, Snyder's-Lance, Inc. (Snyder's-Lance) reported its Q2 2013 financial results with revenue up 9.9% YoY to $439.1 million. Net income attributable to the Company was $13.0 million or $0.19 per diluted share, compared to net income of $19.3 million or $0.28 per diluted share in Q2 2012. President and CEO, Carl E. Lee, Jr., said, "As previously discussed, we increased our investment in marketing and advertising during the second quarter to build brand awareness and drive sales in the second half of the year." Lee added, "We continued to benefit from our acquisition of Snack Factory Pretzel Crisps which posted significant year over year revenue and market share gains." The Company also declared a quarterly cash dividend of $0.16 per share on its common stock, which is payable on August 30, 2013 to stockholders of record at the close of business on August 21, 2013. Snyder's-Lance expects 2013 net revenue and earnings per diluted share (excluding special items) will increase by 10% to 12% YoY and between 22% and 32% YoY, respectively. The Full Research Report on Snyder's-Lance, Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.analystscorner.com/r/full_research_report/f5f2_LNCE]

----

EDITOR NOTES:

1. This is not company news. We are an independent source and our views do not reflect the companies mentioned.
2. Information in this release is fact checked and produced on a best efforts basis and reviewed by a CFA. However, we are only human and are prone to make mistakes. If you notice any errors or omissions, please notify us below.
3. This information is submitted as a net-positive to companies mentioned, to increase awareness for mentioned companies to our subscriber base and the investing public.
4. If you wish to have your company covered in more detail by our team, or wish to learn more about our services, please contact us at [email protected].
5. For any urgent concerns or inquiries, please contact us at [email protected].
6. Are you a public company? Would you like to see similar coverage on your company? Send us a full investors' package to [email protected] for consideration.

COMPLIANCE PROCEDURE

Content is researched, written and reviewed on a best-effort basis. This document, article or report is prepared and authored by Equity News Network. An outsourced research services provider has, through Chartered Financial Analysts, only reviewed the information provided by Equity News Network in this article or report according to the Procedures outlined by Equity News Network. Equity News Network is not entitled to veto or interfere in the application of such procedures by the outsourced provider to the articles, documents or reports, as the case may be.

NOT FINANCIAL ADVICE

Equity News Network makes no warranty, expressed or implied, as to the accuracy or completeness or fitness for a purpose (investment or otherwise), of the information provided in this document. This information is not to be construed as personal financial advice. Readers are encouraged to consult their personal financial advisor before making any decisions to buy, sell or hold any securities mentioned herein.

NO WARRANTY OR LIABILITY ASSUMED

Equity News Network is not responsible for any error which may be occasioned at the time of printing of this document or any error, mistake or shortcoming. No liability is accepted by Equity News Network whatsoever for any direct, indirect or consequential loss arising from the use of this document. Equity News Network expressly disclaims any fiduciary responsibility or liability for any consequences, financial or otherwise arising from any reliance placed on the information in this document. Equity News Network does not (1) guarantee the accuracy, timeliness, completeness or correct sequencing of the information, or (2) warrant any results from use of the information. The included information is subject to change without notice.

SOURCE Analysts' Corner

WANT YOUR COMPANY'S NEWS FEATURED ON PRNEWSWIRE.COM?

440k+
Newsrooms &
Influencers

9k+
Digital Media
Outlets

270k+
Journalists
Opted In

GET STARTED