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Stock Market & Financial Investment News

News Breaks
January 29, 2013
07:19 EDTHSYHershey price target raised to $89 from $83 at Citigroup
Citigroup expects Hershey to report strong Q4 results on January 31 and sees significant upside potential to 2013 consensus estimates. The firm raised its 2013 earnings estimate by 4c to $3.60 and upped its price target for shares to $89. Citi reiterates a Buy rating on the stock.
News For HSY From The Last 14 Days
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July 24, 2014
07:12 EDTHSYHershey reaffirms 2014 EPS outlook $4.05-$4.13, consensus $4.08
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07:12 EDTHSYHershey raises quarterly dividend to 53.5c from 48.5c
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07:09 EDTHSYHershey still sees 2014 EPS around low end of long-term target
Hershey said, "Given the timing of new product launches in both North America and international markets, advertising and related consumer marketing expense is expected to increase low-single digits on a percentage basis versus last year. SM&A expenses, excluding advertising and related consumer marketing, are estimated to increase at a rate less than net sales growth as the company leverages the investments in go-to-market capabilities established over the last few years. Therefore, the company anticipates 2014 adjusted earnings per share-diluted growth to be around the low end of its long-term target of 9 to 11 percent."
07:06 EDTHSYHershey sees 2014 sales growth at low end of 5%-7% long-term target
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07:05 EDTHSYHershey reports Q2 adjusted EPS 76c, consensus 76c
Reports Q2 revenue $1.58B, consensus $1.58B.
July 23, 2014
15:30 EDTHSYNotable companies reporting before tomorrow's open
Notable companies reporting before tomorrow's market open, with earnings consensus, include Ford (F), consensus 36c; General Motors (GM), consensus 58c; Potash (POT), consensus 46c; Caterpillar (CAT), consensus $1.52; 3M (MMM), consensus $1.91; Union Pacific (UNP), consensus $1.43; Bristol-Myers Squibb (BMY), consensus 44c; Eli Lilly (LLY), consensus 65c; Celgene (CELG), consensus 89c; Precision Castparts (PCP), consensus $3.35; Raytheon (RTN), consensus $1.59; Noble Energy (NBL), consensus 79c; Hershey (HSY), consensus 76c; Southwest Airlines (LUV), consensus 61c; Boston Scientific (BSX), consensus 19c; JetBlue (JBLU), consensus 19c.
July 16, 2014
10:00 EDTHSYOn The Fly: Analyst Downgrade Summary
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06:56 EDTHSYHershey downgraded to Neutral from Outperform at Credit Suisse
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