Hershey shares shot up by 11% on Monday following reports that Mondelez had approached the chocolate maker about a potential takeover. The deal, if it happens, would be one of the largest in the ...
The Oreo maker warned of “unprecedented” inflation for the commodity that would reduce its earnings, while the Kisses giant ...
The suitor was Hershey's food industry peer, snacks specialist Mondelez International (NASDAQ: MDLZ). According to Bloomberg, which in two separate articles reported Mondelez's actions ...
The outlook for food producers who rely on cocoa is more challenging in FY25 as unforeseen weather deterioration in West ...
Hershey (HSY) forecast annual profit below Wall Street estimates on Thursday as record cocoa prices weigh on the Kit Kat ...
Ritz and Oreo maker Mondelez International (MDLZ) was less tasty today after a top analyst downgraded the stock on cocoa ...
New York (CNN) — Mondelez, the maker of Oreo and Cadbury, is reportedly exploring an offer to buy rival Hershey Company to potentially create one of the world’s largest candy companies.
Hershey's large cocoa purchase amid surging prices may hurt margins, with cocoa prices up 300% since 2023, risking further ...
Mondelez ’s share price has taken another hit after it warned earnings will likely fall this year due to “unprecedented cocoa ...
FDA proposes putting nutrition labels on the front of packaged foods in health push United Statescategory· January 14, 2025 Hershey's main controlling owner has rejected Mondelez International's ...
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Mondelez warns of additional “headwind” from Trump tariffs threatMondelez is also having to deal with cost inflation in its supply chain in respect to “unprecedented” cocoa prices.
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