The Hershey Company wants permission to buy an unusually large amount of cocoa beans as global supplies tighten and prices rise, according to reports. Earlier this week, Bloomberg reported the ...
(Bloomberg) — Hershey Co. is asking the US’s top derivatives regulator for permission to buy a huge amount of cocoa through the New York exchange after global shortages sent prices to a record ...
Cocoa prices rallied sharply Thursday as chocolate maker Hershey Co. is seeking CFTC approval to buy a large amount of cocoa through the ICE Futures Exchange due to tight global supplies.
The Hershey Company (NYSE:HSY), a leading confectionery manufacturer in North America, faces significant headwinds as it navigates through a challenging market environment. Rising cocoa costs ...
The Hershey Company (NYSE:HSY), a leading confectionery manufacturer in North America, faces significant headwinds as it navigates through a challenging market environment. Rising cocoa costs, ...
Hershey stock has underperformed in 2024, but my DCF model suggests a potential upside of 34.50% to 58% from current levels. Rising cocoa prices and changing consumer behaviors have impacted ...
Cocoa headed for a weekly decline in New York, after a volatile few days that included chocolate maker Hershey Co.’s bid to source a huge amount of beans through the exchange. Futures slipped as ...
(Bloomberg) -- Cocoa futures surged, reversing losses from the prior session, on news that chocolate maker Hershey Co. is seeking permission for a large purchase through the New York exchange.
Citi keeps a Sell rating on Hershey (HSY) with a $159 price target after the company announced that its longtime CEO Michele Buck plans to retire on June 30, 2026. Hershey also reiterated its 2024 ...