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Hershey, Cocoa and ICE
Cocoa Jumps as Market Weighs Hershey Ask for Huge Exchange Buy
Cocoa futures surged, reversing losses from the prior session, on news that chocolate maker Hershey Co. is seeking permission for a large purchase through the New York exchange.
Cocoa Prices Surge as Hershey Seeks a Large Cocoa Purchase Through ICE Exchange
ICE NY cocoa (CCH25) today is up +466 (+4.46%), and March ICE London cocoa #7 (CAH25) is up +287 (+3.37%). Cocoa prices today are sharply higher as chocolate maker Hershey Co. is seeking CFTC approval to buy a large amount of cocoa through the ICE Futures Exchange due to tight global supplies.
Hershey seeking CFTC approval to buy more ICE cocoa than allowed, says report
Chocolate maker Hershey Co has requested permission from the Commodity Futures Trading Commission (CFTC) to buy an amount of cocoa from the stocks of ICE exchange that is much larger than the maximum allowed,
Cocoa jumps as market weighs Hershey’s push for huge exchange buy
The market has been trying to assess the reasoning behind Hershey's request, which equates to about 5,000 20-foot containers. That's more than nine times the amount the exchange allows.
Cocoa Prices Sharply Higher as Hershey Seeks CFTC Approval for a Huge Cocoa Purchase
Thursday closed up +474 (+4.53%), and March ICE London cocoa #7 (CAH25) closed up +289 (+3.39%). Cocoa prices rallied sharply Thursday as chocolate maker Hershey Co. is seeking CFTC approval to buy a large amount of cocoa through the ICE Futures Exchange due to tight global supplies.
19h
on MSN
2 Reasons to Buy Hershey Stock Like There's No Tomorrow
Shares of Hershey have been under pressure amid weak sales and the impact of high cocoa prices on margins and earnings. The ...
6h
Hershey out to buy over 90,000 tonnes of cocoa
Hershey Co is asking the top US derivatives regulator for permission to buy a huge amount of cocoa through the New York ...
3d
Hershey: Yes, It Can Get Worse, Sell Rating
Financial writer sells Hershey's stock, citing failed merger speculation and better opportunities elsewhere, issuing a sell ...
1d
Hershey’s Cocoa Procurement Strategy: Balancing Risks and Opportunities
J.P. Morgan analyst Kenneth Goldman has maintained their neutral stance on HSY stock, giving a Hold rating today.Stay Ahead of the ...
3d
Hershey’s Kisses Are Coming in a Never-Before-Seen Flavor
The new candies are nothing like your traditional Hershey’s Kisses—there’s no chocolate involved whatsoever. They are made ...
1d
Hershey: A Buy For Now, But Proceed With Care
Hershey faces challenges, including record-high cocoa prices and potential demand impacts from weight loss drugs. Click here ...
2d
Wells Fargo Reaffirms Their Sell Rating on The Hershey Company (HSY)
Wells Fargo analyst Christopher Carey maintained a Sell rating on The Hershey Company (HSY – Research Report) today and set a price target of ...
11d
Hershey's Is Teaming Up With Breyers for a First-of-Its-Kind Ice Cream—and We Tried It First
Breyers has been known to host collaborations with many brands for its ice creams, including Snickers, M&M’s, and Reese’s.
14h
Hop Into Easter, The Hershey Company Announces Egg-citing Spring Treats
Easter just got sweeter! The Hershey Company today announces its latest Easter product line up, including new innovations ...
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