date:Feb 13, 2014
Cadbury chocolate seller Mondelez International Inc on Wednesday reported quarterly profit that fell short of Wall Street estimates amid weak global demand for packaged food and vowed to do better in 2014.
Shares in Mondelez, which also makes Oreo cookies and Trident gum, fell 3 percent to $32.20 in extended trading after the company noted significant softness in its cookie business in China.
Deerfield, Illinois-based Mondelez said fourth-quarter net earnings totaled $1.7 billion, or $1 per sh