New User:

-or-
Username:
Password:
Forgot your password?

Stock Market & Financial Investment News

News Breaks
April 9, 2014
05:42 EDTHSYHershey downgraded to Sell from Neutral at Goldman
Goldman Sachs downgraded its rating on Hershey (HSY) shares to Sell from Neutral saying the stock is priced for perfection and the company's cycle of strong earnings growth is ending. Goldman lowered its price target for the stock to $90 from $105. Shares of Hershey closed yesterday down $1.28 to $101.72.
News For HSY From The Last 14 Days
Sign up for a free trial to see the rest of the stories you've been missing.
February 26, 2015
16:52 EDTHSYHershey announces Patricia Little as CFO
Subscribe for More Information
February 19, 2015
14:28 EDTHSYHershey says still tracking towards 2019 International sales target of $2B
14:27 EDTHSYHershey targets long-term adjusted EPS growth 9%-11%
Subscribe for More Information
14:25 EDTHSYHershey targets 2017 net sales of $10B
Subscribe for More Information
February 18, 2015
15:25 EDTHSYHershey intends to move to simple, easy-to-understand ingredients
Hershey announced it is beginning a transition to simple and easy-to-understand ingredients. “We will strive for simplicity with all of our ingredients, but we may not achieve it with every product. This is a journey and it will take time. We are equally committed to sharing what we achieve and what we don’t. For ingredients that may not be as simple, we will explain what they are and why we need them to provide the great flavors, aromas, textures and appearances that our consumers know and love,” said CEO John Bilbrey. In 2015, Hershey plans to introduce in the U.S. new products that will feature a lineup of simple ingredients and transition some of its most popular chocolate brands, including Hershey’s Kisses Milk Chocolates and Hershey’s Milk Chocolate Bars, to simpler ingredients, the company said.
15:04 EDTHSYHershey sees FY15 adjusted EPS $4.30-$4.38, consensus $4.36
Subscribe for More Information
14:59 EDTHSYHershey affirms view of FY15 net sales up 5.5%-7.5%, consensus $7.88B
Subscribe for More Information
14:56 EDTHSYHershey announces $250M share repurchase authorization
Hershey announced that its board has approved an additional $250M stock repurchase authorization to repurchase shares of its common stock. Purchases under the new authorization will commence after the current program is completed. Hershey is authorized to purchase its outstanding shares in open market and privately negotiated transactions. The program has no expiration date and acquired shares of the common stock will be held as treasury shares. Similar to prior programs, approved share repurchase authorizations are in addition to Hershey’s practice of buying back shares sufficient to offset those issued under incentive compensation plans.

Sign up for a free trial to see the rest of the stories you've been missing.

I agree to the theflyonthewall.com disclaimer & terms of use