Hershey experienced greater than expected headwinds in China so far this quarter. A softened Chinese economy compelled consumers to spend less on its products.
Trey Thoelcke Monday's top analyst upgrades, downgrades, and initiations include Aduro BioTech, Facebook, Lululemon, MGIC Investment, Nokia, Schlumberger and Yum! Brands.
Historically, industries in the consumer staples arena are the real beneficiaries of a drop in oil prices, especially when the savings rate rises.
Tuesday's top analyst upgrades, downgrades and initiations include ADT, Microsoft, 3D Systems, Tesla and Yelp.
Wednesday's leading analyst upgrades, downgrades and initiations from top research calls from around Wall Street include Exxon, Lowe's, Paycom Software, Under Armour, Wal-Mart and Verizon Communications.
Friday's top analyst upgrades, downgrades and initiations seen from Wall Street include Coach, Gap, FXCM, Lululemon Athletica, Netflix and Target.
Chocolate prices closed just short of $3,200 per metric ton last Friday, after rising to a three-year high of $3,284 on Thursday. Hershey and Mars have raised candy prices due to commodity…
Paul Ausick courtesy of The Coca-Cola CompanyJust because people are familiar with a brand doesn’t mean that the brand is well-liked or well-respected. And if a relatively few people like a brand but it…
BlackBerry Ltd.Each year, 24/7 Wall St. identifies 10 American brands that we predict will disappear before the end of the next year. This year’s list reflects the fact that mergers and acquisitions…
BlackBerry Ltd.Each year, 24/7 Wall St. identifies 10 American brands that we predict will disappear before the end of the next year. This year’s list reflects the fact that mergers and acquisitions…
To be familiar with a brand means a deeper level of engagement than simple awareness. However, it is not necessarily the case that a brand is familiar because it is a well…
Hershey Co. (NYSE: HSY) said Thursday that it will acquire Chinese candy maker Shanghai Golden Monkey Food Joint Stock Co., which bolster the chocolate maker's footprint in China.
Trey Thoelcke ThinkstockChocolate is big business, and Halloween is its biggest holiday. According to a recent survey from the National Confectioners Association, 72% of all candy spending this Halloween will be on chocolate. Last…
247alex ThinkstockThe federal government has been buying sugar since June as it is required to do by law when the price falls below $0.21 a pound. Uncle Sugar indeed! A report at Bloomberg…
ThinkstockIn one of the longest running lobbying battles in Washington, sugar growers have once again prevailed over big food and beverage makers like Hershey Co. (NYSE: HSY) and The Coca-Cola Co. (NYSE:…
