Angry British chocolate-lovers are angered by a lawsuit brought by Hershey’s, which bars the import of chocolates made in the U.K. by Cadbury.» Read More
MEXICO CITY/ WASHINGTON, Aug 26- The United States is set to slap import duties on Mexican sugar in a move that could push up candy and soft drink prices for U.S. consumers and incite retaliation from Mexico, which is keen to agree a deal to avoid the new levies.
MEXICO CITY, Aug 26- The United States will slap anti-subsidy import duties on Mexican sugar, sources said on Tuesday, a move that could push up candy and soft drink prices for U.S. consumers and incite retaliation from Mexico on other products. U.S. sugar producers have claimed cheap imports from Mexico are causing nearly $1 billion in damages in the local market.
MEXICO CITY, Aug 26- The United States will slap anti-subsidy import duties on Mexican sugar in a decision set to be formally announced later on Tuesday, the head of Mexico's sugar chamber said, in a case that could spark a trade war.
MEXICO CITY, Aug 26- The United States is set to slap anti-subsidy import duties on Mexican sugar after a preliminary decision expected to be formally announced later on Tuesday, the president of Mexico's sugar chamber said ahead of the ruling. Until we know that, we can't know what it will mean, "said Rick Pasco, president of the Sweetener Users Association.
Jell-O has lost its jiggle and nobody knows how to fix it.
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ZURICH, Aug 7- Nestle announced an 8 billion Swiss franc share buyback on Thursday and revealed stronger sales growth in emerging markets in contrast to other big consumer products companies.
Some of Wednesday's midday movers:
Aug 6- Mondelez International Inc, the maker of Cadbury chocolate and Oreo cookies, cut its 2014 sales target on Wednesday after price hikes to cover commodity costs sparked a backlash by consumers and retailers in some European markets. Mondelez also reported higher net income in the second quarter, topping Wall Street estimates.
Aug 6- Mondelez International Inc said Wednesday that its second-quarter profit rose on higher prices in emerging markets, but the maker of Cadbury chocolate and Oreo cookies cut its sales target. Net income increased to $622 million, or 36 cents per share, from $601 million, or 33 cents per share, a year earlier.
U.S. stock index futures traded down on Wednesday, as European shares fell sharply on rising concerns about Russia and Ukraine.
Investors are honed in on consumer companies that use cocoa as a raw ingredient to see how they manage costs to protect the bottom line.
Mars Chocolate North America said that it will raise its prices by 7 percent "to offset rising costs," its first increase in three years.
Cramer rarely likes to play piggyback and follow another investor into a stock. But this is an exception.
As stocks creep ever higher and spark bubble rumors, one other bubble appears to be deflating: the gum bubble.
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If China's consumers slow their retail purchases, U.S. companies with Chinese market ties may take hits to sales.
Although you may search the market far and wide for value, sometimes the best plays are right under your nose.