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Hershey, CFTC and cocoa
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,
Hershey Seeks CFTC Approval to Buy Huge New York Cocoa Pile
Hershey Co. is asking the US’s top derivatives regulator for permission to buy a huge amount of cocoa through the New York exchange after global shortages sent prices to a record, according to people familiar with the matter.
Hershey seeks CFTC help in stockpiling cocoa
To mitigate the potential impact from a persistent shortage of supply, Hershey (NYSE:HSY) has asked the Commodity Futures Trading Commission (“CFTC”) for permission to take a position in the futures market that would enable the company to buy a substantial amount of cocoa.
1h
The Hershey Company (NYSE:HSY) Shares Sold by CWA Asset Management Group LLC
CWA Asset Management Group LLC decreased its holdings in The Hershey Company (NYSE:HSY – Free Report) by 3.7% during the 4th ...
10h
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 ...
10h
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 ...
2d
The Hershey Company (NYSE:HSY) Shares Bought by Pensionfund Sabic
Pensionfund Sabic lifted its position in shares of The Hershey Company (NYSE:HSY – Free Report) by 55.6% during the fourth ...
2d
Hershey: Forget The Takeover And Focus On What Matters
We recommend buying Hershey's stock near potential support at $160-162, as the company faces temporary challenges with strong ...
21h
Bernstein Reaffirms Their Hold Rating on The Hershey Company (HSY)
In a report released today, Alexia Burland Howard from Bernstein maintained a Hold rating on The Hershey Company (HSY – Research Report), with ...
FoodBusinessNews
12d
Reported Mondelez bid for Hershey surrounded by question marks
Mondelez declined to comment on what it called “market rumors and speculation,” while Hershey didn’t respond to a request for ...
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