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Stock Market & Financial Investment News

News Breaks
January 31, 2013
07:10 EDTHSYHershey says gained market share in every category in Q4
The company said, “As expected, fourth quarter marketplace performance was solid and we gained market share in every category – chocolate, non-chocolate, mint and gum. We had solid seasonal growth in 2012, with retail sell-through in measured channels in line with our estimates. Additionally, for the combined four seasons, and the important Halloween period, our market share gain was identical, 0.8 points. Our solid financial performance gave us flexibility in our approach to investments in global go-to-market capabilities that will benefit Hershey over the near and long-term."
News For HSY From The Last 14 Days
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June 11, 2013
07:32 EDTHSYCorporate Board Member to host a forum
4th Annual Chairman & CEO Peer Forum is being held in New York on June 11.
June 6, 2013
12:48 EDTHSYHershey reaches settlement agremeent iwth Canadian competition authorities
Hershey Canada announced that it has reached a settlement agreement with the Canadian competition authorities with regard to an inquiry into alleged violations of the Canadian Competition Act in the sale and supply of chocolate products sold in Canada by members of the confectionery industry. Subject to court approval, Hershey Canada will plead guilty to one count of price fixing related to communications with competitors in Canada in 2007. Hershey Canada promptly reported the conduct to the Competition Bureau, cooperated fully with its investigation and did not implement the planned price increase that was the subject of the 2007 communications.

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