The Hershey Co
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Some of the names on the move ahead of the open.
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HERSHEY, Pa., May 4- Demolition crews are clearing the last remnants from the Hershey Co. site where the famous chocolate maker gave candy lovers their first Kiss more than 100 years ago.
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*BMO capital markets raises price target to $86 from $80; rating market. perform For a summary of rating and price target changes on U.S. companies: Reuters Eikon users, click on RCH/US Reuters 3000 Xtra users, double-click RCH/US Reuters Station users, click. 1568.
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*The Hershey Company: jefferies raises price target to $85 from $78; rating hold For a summary of rating and price target changes on U.S. companies: Reuters Eikon users, click on RCH/US Reuters 3000 Xtra users, double-click RCH/US Reuters Station users, click. 1568 For a summary of rating and price target changes on Canadian companies: Reuters Eikon users, click on RCH/CA Reuters 3000 Xtra users, double-click RCH/CA Reuters Station users, click. 4899.
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Stocks edged higher on Thursday, as investors digested a raft of earnings and a drop in initial jobless claims, though declines in Dow components ExxonMobil and 3 M Co capped the advance. **IMPERIAL OIL LTD, $39.36, up 0.6 pct.
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ConocoPhillips reported lower quarterly earnings on Thursday as oil and natural gas production edged down along with crude prices. **COLGATE-PALMOLIVE CO, Wednesday close $117.90. Colgate-Palmolive Co posted lower quarterly profit on Thursday as sales grew but the recent devaluation of the Venezuelan bolivar led to a hefty charge.
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Stocks edged higher on Thursday, as investors digested a raft of earnings and a drop in initial jobless claims, though declines in Dow components ExxonMobil and 3 M Co capped the advance. **IMPERIAL OIL LTD, $39.36, up 0.6 pct.
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Stocks were poised for a higher open on Thursday, as investors dealt with a raft of earnings, including those of 3 M Co and ExxonMobil, with added support from a drop in initial jobless claims. **EXXON MOBIL CORP, Wednesday close $89.43. ConocoPhillips reported lower quarterly earnings on Thursday as oil and natural gas production edged down along with crude prices.
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ConocoPhillips reported lower quarterly earnings on Thursday as oil and natural gas production edged down along with crude prices. **COLGATE-PALMOLIVE CO, Wednesday close $117.90. Colgate-Palmolive Co posted lower quarterly profit on Thursday as sales grew but the recent devaluation of the Venezuelan bolivar led to a hefty charge.
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*First-quarter adj earnings per share $1.09 vs est $1.04. The candymaker posted a 6 percent increase in revenue to $1.83 billion, driven by higher sales in the United States, its largest market, and the introduction of Brookside Foods Ltd products into its line-up.
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**COLGATE-PALMOLIVE CO, Wednesday close $117.90. Colgate-Palmolive Co posted lower quarterly profit on Thursday as sales grew but the recent devaluation of the Venezuelan bolivar led to a hefty charge. Net income rose to $550 million, or 46 cents per share, in the first quarter from $412 million, or 35 cents per share, a year earlier.
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Pockets of weakness in the market have captured Cramer's attention. Is the selling really warranted?
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*The Hershey Company enhances executive management team. *Says David W. Tacka appointed CFO. the U.S. and Canada* Source text for Eikon* Further company coverage.
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Volatile markets have made defensive stocks attractive, but after Coke and Pepsi's strong earnings reports, it might be time to look elsewhere.
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It's make-or-break time for the first-quarter earnings season, and it comes just as the stock market is showing signs of strain.
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The "Talking Squawk" blog is meant to be a funny, sarcastic look at business news through the unique "Squawk Box" lens. But it was difficult to think about anything from that viewpoint this week.
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Suppliers like T. Boone Pickens' Clean Energy Fuels, Royal Dutch Shell and China's private ENN Group are scrambling to build natural gas fueling stations along U.S. highways, while Cummins-Westport Inc will begin later this year selling a 12- liter natural gas engine able to power the biggest trucks on the road.
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Check out which companies are making headlines after the bell Wednesday:
