Hershey's main owner rejects Mondelez's offer as too low, Bloomberg News reports
Hershey's main controlling owner has rejected Mondelez International's preliminary takeover offer, terming it as too low, Bloomberg News reported on Wednesday, citing people familiar with the matter.
Michele Buck to Assume Leadership of U.S. Confection Business on Interim Basis Upon Departure of Michael Del Pozzo
HERSHEY, Pa. , Dec. 10, 2024 /PRNewswire/ -- The Hershey Company (NYSE: HSY) today announced that Michael Del Pozzo, President, U.S. Confection, is departing the company effective December 12, 2024.
Cadbury owner Mondelez eyes $50bn Hershey deal
Cadbury owner Mondelez International Inc (NASDAQ:MDLZ, ETR:KTF) has renewed its interest in Hershey Company (NYSE:HSY, ETR:HSY) amid a flurry of reports suggesting the pair have begun talks to crea...
S&P 500 Gains and Losses Today: Hershey Stock Simmers as Mondelez Weighs Takeover
Major U.S. equities indexes moved lower at the onset of a new trading week that will see the release of several key economic data points. In particular, Wednesday's Consumer Price Index (CPI) repor...
Mondelez is reportedly exploring buying Hershey. Ozempic and other factors could help justify a sale, analyst says.
Shares of chocolate maker Hershey Co. on Monday were on track for their biggest percentage gain since 2016, after Bloomberg reported that Oreo maker Mondelez International Inc. was exploring a poss...
Hershey shares soar on report of Mondelez acquisition talks
Shares of Hershey Company (NYSE:HSY, ETR:HSY) jumped nearly 19% on Monday following a report that Cadbury-maker Mondelez International is exploring a potential acquisition of the chocolate giant th...
Reports of a Takeover Send Hershey Stock Soaring
Hershey (HSY) shares climbed Monday on news that snack-food giant Mondelez International (MDLZ), is looking at acquiring the U.S.-based chocolate company.
Why Hershey Stock Soared Today
In 2016, Mondelez International failed in its attempt to buy Hershey (HSY 12.70%). Now more than eight years later, Mondelez is reportedly trying again.
Hershey stock soars on report of another Mondelez takeover attempt
Oreo maker Mondelez is reportedly trying to buy Hershey. In 2016, Hershey's board rejected the snacking company's $23 billion offer.
2 Sweet Dividend Stocks to Buy to Satisfy Your Craving for Passive Income
Americans certainly have a sweet tooth. We consume about 17 teaspoons of added sugar daily , about five more than our recommended allotment.
Hershey: A Deep Dive Into A Confectionery Giant Facing Headwinds
Hershey's strong brand equity and pricing power make it a compelling value investment, especially for dividend-focused investors seeking stability in bear markets. Despite attractive valuation metr...
Kraft and Hershey Stock Have Been Dropping. It Isn't About RFK.
Evercore warns that many packaged food companies are losing market share.
Income And Growth, 2 Dividend Gems I'm Watching Like A Hawk
After a recent market dip, two high-quality dividend stocks stand out. Their strong fundamentals and resilience offer compelling post-earnings buying potential. These stocks combine attractive yiel...
2 Magnificent S&P 500 Dividend Stocks Down 28% or More to Buy and Hold Forever
These quality businesses currently offer dividend yields of 3% or better.
Hershey Reports Third-Quarter 2024 Financial Results; Updates 2024 Net Sales and Earnings Outlook
HERSHEY, Pa. , Nov. 7, 2024 /PRNewswire/ -- The Hershey Company (NYSE: HSY) today announced net sales and earnings for the third quarter ended September 29, 2024 and updated its 2024 net sales and ...
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