The Hershey Co


  • Hershey Increases Domestic Wholesales Prices Wednesday, 4 Apr 2007 | 12:50 PM ET

    Chocolate maker Hershey said it increased wholesale prices of its domestic confectionery, which includes standard bar, king-size bar, 6-pack and vending lines, by about 4% to 5%.

  • Hershey Open to Possibility of Combination - WSJ Monday, 2 Apr 2007 | 9:22 AM ET

    LeRoy Zimmerman, chairman of Hershey Trust Co., which controls 78% of Hershey's voting rights, told the Wall Street Journal that "we have a responsibility to listen to all potential possibilities that might come forward."

  • Don't Believe the Hype Monday, 5 Mar 2007 | 6:14 PM ET

    It's time to step back from the madness and understand a basic tenet of the markets: Just because something negative happens somewhere, it doesn't mean the sky is falling. In fact, it could be good news for you. Here's why...

  • Hershey to Cut 1,500 Jobs, Build Plant in Mexico Thursday, 15 Feb 2007 | 11:17 AM ET

    The largest U.S. chocolate maker said it would cut about 11% of its workforce and reduce the number of production lines it operates by more than a third as it spends as much as $575 million to overhaul its manufacturing. Hershey also said it will build a new, cost-efficient manufacturing plant in Monterrey, Mexico.

  • Cashing In On Cupid Wednesday, 14 Feb 2007 | 10:53 AM ET

    Americans will spend almost $17 billion to celebrate Valentine's Day, on flowers, cards, jewelry and more. Some businesses, such as Godiva Chocolatier, are institutions in the Valentine’s market. In a CNBC.com video interview, President Jim Goldman talks about why chocolate continues to be a perennial favorite.

  • Lotte, Hershey Launch China Candy Venture Monday, 29 Jan 2007 | 12:56 AM ET

    U.S. candy and snacks group Hershey and South Korea's Lotte Confectionery will set up an $80 million joint venture to make chocolate in China, aiming to boost share in a market dominated by Mars.

  • Chocolate maker Hershey Wednesday posted lower quarterly profit as it tries to change its focus to new product lines instead of variations on old products.

  • Downgrades, Lowered Guidance Hurt Hershey Shares Thursday, 7 Dec 2006 | 2:02 PM ET

    Hershey shares fell after analysts downgraded the stock and the confectioner lowered earnings guidance for this year and next.

  • Hershey Falls on Downgrade Friday, 1 Dec 2006 | 11:19 AM ET

    Prudential Equity cut its rating on candy maker Hershey to "underweight" from "neutral weight" on Friday, saying a salmonella issue in Canada could hurt the company's fourth-quarter trends.

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