Boston, MA, 02/28/2014 – In line with the previous dividend payments, the Board of Directors of the Snack manufacturing company Mondelez International Inc (NASDAQ:MDLZ) decided to payout a regular quarterly dividend of 14 cents per share on the company’s common stock. The dividend is payable to the shareholders on record as of March 31′ 2014 and the payout date is set as April 14, 2014. Mondelez International Inc (NASDAQ:MDLZ) recently has pulled in Accenture to help it develop ‘zero-based’ budgeting in order to cut down its costs and become more profitable.
Target Corporation (NYSE:TGT) navigated the tough fourth quarter reasonably after it presented a better picture this week. While the retail industry as a whole is hit by the sluggish job data and slow wage growth, Target Corporation (NYSE:TGT) has been an exception to report some improvement this month. The retailer wad badly hit by the data breach that occurredduring Christmas and the company has settled in close to $1 billion claims towards it. But, the upcoming quarters are still overshadowed by more such claims. Somehow, the company came through the quarter, posting numbers in line with the expectations. Its EPS for the fourth quarter was at $1.30, above the estimate by $0.48 and revenue at $21.52 billion.
Trina Solar Limited (ADR) (NYSE:TSL) has been surging on Thurday on the reports of its contract for Jordan’s largest solar power project. The Chnangzhou based company has received a contract from Fresh Fruits Company, a Jordan based food storage and logistics service provider, to install a 2MW solar power plant on the company’s warehoused and stores. The project will be the first mega-scale project in rooftop solar plant in Jordan. The construction of the proposed plant is slated to begin in March and it is expected to complete by the third-quarter of the year. Trina Solar Limited (ADR) (NYSE:TSL)’s CEO JifanGao said that the contract is valuable for the company and it demonstrates its ability to carry out large-scale developments in the Middle East.