Though chocolate giant Hershey's fell nearly 11 percent Tuesday after the end of takeover talks, one strategist calls it a sweet buy in the long run.
Jim Cramer told investors what they need to see to know if a turnaround is for real.
Jim Cramer told investors what they need to see to know if a turnaround is for real
Jim Cramer pointed to technology, retail, food and energy groups that need takeovers in order to stay appealing.
Shares of Hershey fell as much as 11.2 percent on Tuesday, a day Mondelez said it was no longer in talks to purchase the chocolate company.
European stock indexes closed higher on Tuesday, with the exception of the FTSE 100, which was knocked by the weak performance of mining stocks.
Wall Street looked set to open higher on Tuesday, with futures for the Dow Jones industrial average trading up.
Mondelez states there is no actionable path forward as they end their bid for Hershey.
Check out Tuesday's early movers: AAPL, AAL, UAL, HSY, MDLZ, ANF, DSW, GIII & more.
Apple, Hershey and Abercrombie & Fitch are making headlines on Wall Street this Tuesday morning.
According to Dow Jones, Mondelez abandons their deal with Hershey due to pricing. CNBC's Seema Mody reports the details.
Mondelez said on Monday that it has ended discussions with Hershey about a possible combination of the two companies.
Mondelez is no longer pursuing a deal with Hershey, CNBC's Seema Mody reports.
Fathers are more involved in household shopping, and it's opening up a new demographic for companies traditionally focused on women.
According to former Mondelez executive Bonin Bough, getting noticed for a promotion means working smarter — not harder.
Several big-name hedge fund investors soured on U.S. stocks in the second quarter and moved to gold and other bearish bets.
"Halftime Report" trader Jon Najarian bought shares of Hain Celestial for his model portfolio on the belief the company is a buyout target.
Stephanie Link, TIAA Global Asset Management, discusses why she is keeping her eyes on Mondelez, Kellogg and Kraft Heinz in the food space.
Hedge fund Pershing Square Capital Management sold its entire stake of 9.8 million shares, The New York Times reports.
A leaked internal memo has revealed back-stabbing, allegations of insider trading and the threat of something called a “suicide parachute.”