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:…
courtesy Tiffany & Co.Valentine’s Day spending is expected to reach $18.6 billion this year. On average, Americans are expected to spend $130.97 this holiday, up only slightly from $126.03 last year, according…
Jon OggThese are some of this Wednesday’s top analyst upgrades, downgrades and initiations seen from Wall S. research calls. We have calls in banks, solar, tech, biotech and more. Arch Coal Inc.…
Jon OggThese are this Monday’s top analyst upgrades, downgrades and initiations seen from Wall St. research calls. Broadcom Corp. (NASDAQ: BRCM) reiterated Buy with $46 target at Argus. Cavium Inc. (NASDAQ: CAVM) reiterated…
ThinkstockYou gotta eat (and drink)! If investors follow their mouths in 2013 there are some handy rewards headed their way. That is the opinion of Bank of America/Merrill Lynch after it released…
The Washington Post Co. (NYSE: WPO) is once again the envy of the newspaper industry. The last time investors were so bullish about the company is when Wall St. saw the huge profits from…
Candy maker The Hershey Co. (NYSE: HSY) told an investors’ conference in New York today that the company will raise its investment in five core brands over the next five years “in…
Paul Ausick This report is updated throughout the day if rumors arise on the 24/7 Wall St. Wire. Rumor has it that Samsung’s next version of Galaxy will be larger in its fight to…
Jon OggThese are some of the top analyst upgrades, downgrades and initiations seen in Wall Street research calls this Wednesday. Apple Inc. (NASDAQ: AAPL) Reiterated Buy with $670 target at Argus; Zacks…
Publicly traded companies, by definition, have many shareholders. The company’s management is supposed to be accountable to those shareholders. As it turns out, however, in some cases shareholders have limited power, and in…
The major US stock indexes opened sharply lower again this morning as investors consider Greece’s commitment to the austerity measures it had previously agreed to. Renegotiating the deal seems out of the…
These are some of the top analyst upgrades, downgrades and initiations seen in Wall Street research calls this Wednesday. American International Group, Inc. (NYSE: AIG) Raised to Buy at Goldman Sachs. Analog…
