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Hershey Co. may make a $17 billion bid for UK candy company Cadbury PLC, topping the recent $16.5 billion hostile offer by Kraft Foods Inc., the Wall Street Journal reports Friday.
Hershey Co. has been working with Italian chocolate maker Ferrero Spa to craft a possible joint bid for Cadbury PLC, according to a published report.
Hershey, the nation's second-largest candymaker, said Thursday that its third-quarter profit rose 30 percent, helped by price increases and lower restructuring costs.
The Hershey Co., the nation's second-leading candy maker, reports earnings for the third quarter on Thursday morning. The following is a summary of key developments and analyst opinion related to the period.
The trust that controls Hershey Co. has hired a notable banker and a small banking firm to advise on a possible bid for rival candy maker Cadbury PLC to compete with an offer from Kraft Foods Co., according to a published report.
Hershey, the nation's second-largest candymaker, said Thursday that higher prices and a new advertising effort helped its second-quarter profit leap by 72 percent.
Hershey, the nation's second-leading candy maker, reports earnings for the second quarter on Thursday morning. The following is a summary of key developments and analyst opinion related to the period.
The long runup to Easter and a recent price increase helped Hershey, the nation's second-largest candymaker, post a 20 percent increase in its first-quarter profit.
Higher prices helped Hershey's first-quarter profit surge 20 percent and beat Wall Street's expectations.
Hershey, the nation's second-leading candy maker, reports earnings for the first quarter on Thursday morning. The following is a summary of key developments related to the period.
Hershey, the nation's second-biggest candy maker, said Tuesday that its fourth-quarter sales and profits rose, helped by dropping capital costs, higher prices and a huge advertising investment behind its core Reese's and Hershey's brands.
Hershey, the nation's second-largest candymaker, on Thursday reported higher profits and sales, helped as costs from a major restructuring project subsided and customers ordered extra shipments to beat a price increase in August.
The Hershey Co. said Friday it is raising prices on its products by an average of 11 percent as the nation's largest candymaker tries to stem the impact of soaring commodities costs, and trimmed its projections for 2008 and 2009.
Raising prices and streamlining its production lines helped Hershey to dramatically higher second-quarter sales and profit, the nation's largest candy maker said Wednesday, even as it absorbs spiraling commodity costs and puts new emphasis on marketing muscle.
Hershey's first quarter wasn't so sweet, with the nation's largest candymaker reporting that sales remained flat, profits fell by a third and results missed analyst expectations.
The Hershey Co. is halting production of Ice Breakers Pacs in response to criticism that the mints look too much like illegal street drugs, the company's president and chief executive officer said Thursday.
New mint packets being sold by The Hershey Co. look nearly identical to the tiny heat-sealed bags used to sell illegal powdered drugs like crack, heroin and cocaine and glorify the drug trade, a Philadelphia police official said.
Eight members of the Hershey Co. board have resigned and are being replaced with eight new members picked by the charitable trust that controls the company, Hershey said Sunday.
The Hershey Co., the nation's largest candymaker, said Thursday its third-quarter profit tumbled 66 percent as it spent heavily to streamline its operations and struggled with aggressive competition and slackening sales.
Unionized workers at two Hershey chocolate factories voted overwhelmingly Friday to accept a tentative agreement that would keep the hometown factories open but allow the elimination of hundreds of jobs.
The Hershey Co., whose name has been synonymous with U.S. candymaking for more than a century, is moving a bigger chunk of its production to Mexico.
Candy Merger?: Why the Cadbury Deal MattersLike kids fighting for left-over Halloween candy, the world's largest food companies are battling to take over British chocolate-maker Cadbury (CBRY.L). Kraft (KFT), Hershey, Italy's Ferrero, and even European giant Nestlé (NESN.BE), have been linked to the world's No.
Why You Should Eat Chocolate Every DayChocolate and cocoa powders are derived from beans that contain significant amounts of natural antioxidants (cancer-fighting agents) called flavonoids.
Today I'm heading over to the Saturn dealership to pick up a brand new car - for free. And just how did I get this car? I threw a party - a House Party to be exact.
Hershey Candy Looks Like DrugsNew mint packets being sold by The Hershey Co. look nearly identical to the tiny heat-sealed bags used to sell illegal powdered drugs like crack, heroin and cocaine and glorify the drug trade, a Philadelphia police official said.
Hershey gets into the crack game.FAMILY COURT Judge Lori Dumas Brooks wanted to make sure she wasn't overreacting. So she held the small blue packet of powdered substance in her palm and showed it around at work yesterday. Everyone asked the same thing: What was she doing with crack cocaine?
Hershey Kiss 1907-2007It's the 100th anniversary of the Hershey Kiss! Check out video and a test about the iconic, silver-wrapped chocolate at AOL!Hershey is celebrating the 100th anniversary of its iconic chocolate Kisses.
Funny videos from metacafe producer!Keith Hanshaw, an internet video producer is making a name for himself with his comedy videos on meta cafe. This video is just one of over 60 videos posted online. If you like original comedy videos, take a look! This one is about first dates...very funny!
Storm Runner Roller Coaster At Hershey Park Ride it online!Ride along with one of the fastest coasters built! It doesn't compare to Kingda Ka in New Jersey but it's pretty close! Storm Runner in Hershey Pennsylvania! 180 foot drop with a 0 - 72 mph hydraulic launch in 2 seconds! This is the FIRST rocket coaster built with inversions! Sor …
Hershey Sues Man Who Made Pot CandyThe Hershey Co. (HSY, News) has sued Affolter, 40, for giving his marijuana goodies names like Stoney Rancher, Rasta Reese's and Keef Kat.
Dreaming of Chocolate and Valentines 2008 I am not one of those people who like to plan ahead. Because I'm an orange. In the color personality scheme of things, I love to do things on the fly.
Hershey Plans to Cut Work Force by 1,500 HARRISBURG, Pa. -- The Hershey Co., whose name has been synonymous with U.S. candymaking for more than a century, is moving a bigger chunk of its production to Mexico.
Firms to Remove Lead From CandyCandies made "Mexican-style" by Hershey, Mars and Vero Cos will have lead removed from their candy after a settlement with the Mexi-fornia (California, that is) lawsuit. Oh, what? There is lead in our candy?!!!
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