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Cocoa Prices Surge as Hershey Seeks a Large Cocoa Purchase Through ICE Exchange
Cocoa prices today are sharply higher 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. Bloomberg ...
Hershey Co. seeks approval to purchase record amount of cocoa: reports
The request equates to about about 5,000 20-foot containers or about nine times the amount the exchange currently allows, according to Bloomberg.
Hershey's SWOT analysis: cocoa costs, leadership changes weigh on stock
The Hershey Company (NYSE:HSY), a leading North American chocolate and confectionery manufacturer with a market capitalization of $30.3 billion, faces significant challenges as it navigates rising ...
Cocoa Jumps as Market Weighs Hershey Ask for Huge Exchange Buy
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.
Hold Rating for The Hershey Company Amid High Cocoa Prices and Leadership Uncertainty
Deutsche Bank analyst Stephen Powers has reiterated their neutral stance on HSY stock, giving a Hold rating on January 17.Invest with ...
Hershey out to buy over 90,000 tonnes of cocoa
Hershey Co is asking the top US derivatives regulator for permission to buy a huge amount of cocoa through the New York exchange after global shortages sent prices to a record, according to people ...
Hershey price target lowered to $148 from $184 at Deutsche Bank
Deutsche Bank analyst Steve Powers lowered the firm’s price target on Hershey (HSY) to $148 from $184 and keeps a Hold rating on the shares.
Seeking Alpha17d
Hershey seeks CFTC help in stockpiling cocoa
farmers begun replacing cocoa trees with more sustainable palm oil plants, further exacerbating supply issues for confectionary companies like Hershey (HSY) and Mondelez (MDLZ). “We are laser ...
Hershey CEO Michele Buck to retire in 2026
Chocolate maker Hershey on Friday announced the departure of CEO Michele Buck, who has been at the helm for more than seven years, effective June 30, 2026.
Independent.ie15d
Cocoa futures surge as Hershey puts in huge order
Cocoa futures surged, reversing losses from the prior session, on news that chocolate maker Hershey is seeking permission for a large purchase through the New York exchange.
2 Reasons to Buy Hershey Stock Like There's No Tomorrow
Shareholders in Hershey ( HSY -1.99%) are hoping for sweeter days ahead following a frustrating 2024. Underwhelming sales by ...
Nasdaq15d
Cocoa Prices Surge as Hershey Seeks a Large Cocoa Purchase Through ICE Exchange
Cocoa prices today are sharply higher 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.