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Stock Market & Financial Investment News

News Breaks
June 9, 2014
06:42 EDTHSYHershey sues marijuana edibles company over infringement issues, Reuters says
Hershey sued a Colorado producer of marijuana edibles, saying the packaging of its products too closely resembles those made by the Pennsylvania-based company, according to Reuters, citing the case filing. The trademark infringement suit says that the Ganja Joy bars made by TinctureBelle and TinctureBelle Marijuanka look too similar to Hershey's Almond Joy. Reference Link
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.

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