It hasn’t happened in a while. But it happened today. And it happened so suddenly Cramer hopes you were sitting down.» Read More
July 15- Hershey Co, the No. 1 candy producer in the United States, on Tuesday hiked its chocolate prices for the first time in three years, a sign that a year-long soaring cocoa market is eating into confectioners' profits.
July 15- Hershey Co, the No. 1 candy producer in the United States, said it would increase prices of its instant consumable, multi-pack, packaged candy and grocery lines by about 8 percent to tackle rising commodity costs.
July 15- Hershey Co, the No. 1 candy producer in the United States, said it would increase prices of its instant consumable, multi-pack, packaged candy and grocery lines by 8 percent to tackle rising commodity costs.
As stocks creep ever higher and spark bubble rumors, one other bubble appears to be deflating: the gum bubble.
Pizza Hut will roll out nationally an almost-pizza-sized chocolate-chip cookie, cut into eight slices. USA Today reports.
Too many individuals approach tech stocks in a way that’s unlikely to generate profits, said Cramer. You aren't one of them, are you?
KUALA LUMPUR, June 16- The storm of bad publicity that hit confectioner Cadbury in Malaysia after its chocolates tested positive for traces of pork highlights the costly, religious minefield food companies must navigate as they rush to tap the surging $1 trillion global halal market.
If China's consumers slow their retail purchases, U.S. companies with Chinese market ties may take hits to sales.
ZURICH/ LONDON, June 8- Nestle's chief executive, who oversees a sprawling empire stretching from baby food to wrinkle treatment, admits to finding one of its oldest businesses, chocolate, a source of frustration.
Swiss food group Nestle stepped up its drive into the fast-growing skincare market on Wednesday.
This chocolate company is investing in tech to drive productivity and innovation. It even has a futurist on staff. Up next: 3-D manufacturing.
Hershey futurist Lina Yang explains how the chocolate giant is using the land of start-ups to stay ahead of industry disruption.
Hershey is battling to buy chocolate company Russell Stover, in a move that could become its biggest acquisition to date, WSJ reported.
President Barack Obama is inviting India's next prime minister to visit Washington despite a previous US decision to deny him a visa in 2005.
Minneapolis- based Cargill had been in late-stage talks to buy the business, which spans bean pressing in Abidjan in Ivory Coast to fine chocolate making in Belgium. The combined company would have been big enough to rival Swiss chocolate maker Barry Callebaut, the world's largest industrial chocolate producer.
About 150 S&P 500 companies are scheduled to release results this week, in an earnings season that has been mediocre.
CNBC's Sara Eisen reports Goldman Sachs downgraded Hershey to sell citing competition cutting into its U.S. sales.
Some of Wednesday's midday movers:
Companies are making headlines before the bell.
Hershey CEO John P. Bilbrey discusses its buyback and the weather's impact on consumers. The buyback is part of our capital structure and positive for the company, he says. CNBC's Sara Eisen reports.