Hershey

The earnings crunch continues this week even as the month of July winds to a close. Quarterly reports of note scheduled for the week include those from Netflix (NASDAQ: NFLX), United Parcel Service (NYSE: UPS), Exxon Mobil (NYSE: XOM), Starbucks (NASDAQ: SBUX), Merck (NYSE: MRK) and Dow Chemical (...

According to J.P. Morgan, Hershey (NYSE: HSY) shares have largely treaded water since the announcement on May 19 of the pending departure of CEO Dave West. J.P. Morgan said that it recently attended the annual confection show in Chicago, and had opportunity to speak at length with Hershey managers...

Goldman Sachs is out with its report today on Hershey (NYSE: HSY), upgrading HSY from Sell to Neutral. In a note to clients, Goldman Sachs writes, "We upgrade HSY to Neutral from Sell, as we no longer see downside risk to consensus estimates. We raised our EPS estimates last week after HSY...

Italy's Ferrero International SA has officially declared itself out of the takeover battle for U.K. candymaker Cadbury PLC (NYSE: CBY). Ferrero made the announcement on the deadline for companies to submit firm offers. Following last week's announcement by the Hershey Co. (NYSE: HSY) that it would...