Hershey

The price of cocoa has doubled in the past year, reaching an all-time high and potentially leading to a surge in chocolate prices. What Happened: The cost of cocoa has doubled over the past year, with the most active futures contract reaching $5,600 a metric ton on Thursday, according to Bloomberg...

  In May 2023, The Hershey Company (NYSE: HSY) launched a limited edition churro-flavored Kit Kat just in time for summer. Since then, approximately 10% has been trimmed from the leading U.S. confectioner's share price.  Give me a break! The new Kit Kat rollout has had nothing to do...

Feastables, owned by YouTuber Jimmy Donaldson, popularly known as MrBeast, might be emerging as a potential threat to Hershey’s (NYSE:HSY) chocolate empire. What Happened: Earlier this week, MrBeast took to Twitter to share an intriguing development....

The Milton Hershey School, founded in 1909 by the famous chocolate tycoon Milton Hershey and his wife, Catherine Hershey, has a heartwarming origin story as an orphanage. Over the years, the school has broadened its horizons to include K-12 students from all backgrounds, including girls, racial...

This weekend's Barron's cover story presents the results of the latest Barron's Big Money Poll. Other featured articles show which food stocks are worth bite and which real estate stocks have room to run. Also, see the prospects for a high-profile biotech, a logistics play, a video...

The Hershey Company (NYSE: HSY) earns recognition as a "Shipper of Choice" because of  efforts to optimize its network and reduce its carbon footprint. ""We are proud of this focus," Hershey spokesman Jeff Beckman said.  FreightWaves and its partner Convoy conducted a survey to determine the top...

Insider buying can be an encouraging signal for potential investors. Insiders at a natural gas producer and at a real estate investment trust made notable buys this past week. Also a leading candy maker bought the outstanding shares of a buyout target. Conventional wisdom says that...

Benzinga has featured a look at many investor favorite stocks over the past week. Bullish calls featured a big oil pick and some blockchain picks. Bearish calls included struggling retail, apparel and social media stocks. The new year is off to a strong start with markets again hitting...

Mondelez International Inc (NASDAQ: MDLZ)'s bid to acquire Hershey Co (NYSE: HSY) ended in a failure, prompting some to suggest that the offer wasn't even a serious one in the first place. Bloomberg's Craig Giammona has a somewhat different take and explained why Mondelez would be interested in...

Shares of Hershey Co (NYSE: HSY) soared higher Thursday morning to a new 52-week high of $117.79 and was trading higher by nearly 20 percent following a report that Mondelez International Inc (NASDAQ: MDLZ) presented a takeover bid. The Wall Street Journal, citing "people familiar with the...

Citi dismissed the recent takeover rumors of Hershey Co (NYSE: HSY) by Nestle SA (ADR) (OTC: NSRGY), saying it is "unlikely" due to the unique company specific factors, mainly the control of the Hershey Trust and Pennsylvania law. However, Citi sees see other companies such as Kellogg Company (NYSE...

U.S. stocks were marginally lower as traders and investors begin debating the effects of the markets in an uncertain post Quantitative Easing era. The FOMC has officially tapered the remaining $15 billion of its monthly asset purchases, thus ending the era of quantitative easing for the time...

The upcoming holiday offers something to look forward to for candy and snack food makers such as Hershey Co (NYSE: HSY) and Mondelez International Inc (NASDAQ: MDLZ), retailers such as The Kroger Co. (NYSE: KR) and Wal-Mart Stores, Inc. (NYSE: WMT), and even entertainment giant Twenty-First...

BMO Capital analyst Kenneth Zaslow published a note last week suggesting Kraft (NYSE: KRFT) should consider spinning off some segments in order to unlock value. Among Zaslow's reasons, the number of "natural buyers" standing ready to acquire specific segments of Kraft’s food...