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-0.000402293070501923 -0.000804586141003704 -0.00145831238056935 -0.00307905058835364 -0.00246404505682394 -0.00452579704314596 -0.0052046665996178 -0.00442522377552044
Stock impact report

Hershey, Mondelez See Cocoa Prices Detached From Fundamentals [Yahoo! Finance]

The Hershey Company (HSY) 
Last the hershey company earnings: 4/23 07:00 am Check Earnings Report
Company Research Source: Yahoo! Finance
disjointed from fundamentals, according of several of the sweet industry's top executives. Most Read from Bloomberg Saudi Arabia Steps Up Arrests Of Those Attacking Israel Online Apple Rallies Most in 18 Months on Upbeat Forecast, Buyback Trump Auditions VP Picks Before Wealthy Donors in Palm Beach Turkey Confirms All Trade Halt With Israel Over War in Gaza Huawei Secretly Backs US Research, Awarding Millions in Prizes Although big chocolate companies like Hershey Co., Nestle SA and Mondelez International Inc. said they are either largely or fully covered on cocoa for 2024, company executives said prices today are inflated and don't reflect the true physical situation. “We truly believe that current cocoa prices are the result of a series of accidental circumstances that over time we believe should go away,” Luca Zaramella, chief financial officer of Toblerone and Oreo maker Mondelez, said earlier this week on an earnings call. “The current market structure does not wa Show less Read more
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