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SATURDAY, NOVEMBER 21, 2009
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NEWS ABOUT: Hershey

Hershey stories: 12 news summaries

 Chocoholics Spurn 
 American Cadbury 

Many see right through US bars, actually made by Hershey

Sep 14, 09 2:07 PM CDT
(Newser) - Serious chocolate fans responded warily to the news of Kraft's bid for Cadbury—especially in the US, where aficionados reject the domestic brand anyway. It’s made by Hershey, not the British firm itself, and that just won’t cut it for hardcore devotees of the British brand, the Wall ... More »

MORE ABOUT:
food • Hershey • Kraft Foods • Kraft • chocolate • Britain • taste • Cadbury

MARKETs

 Home Sales Send Dow 
 Over 9,000 


Jul 23, 09 10:22 AM CDT
(AP) - The Dow Jones industrials are back above 9,000 today for the first time since the beginning of January. A report of a jump in home sales eased investors' worries about one of the economy's biggest trouble spots. They responded by buying stocks across the market, lifting the major indexes... More »

MORE ABOUT:
stock market • housing market • Dow Jones • Hershey • home sales • Phillip Morris • Wyeth • Ford Motor Co.

 Soaring Candy Sales 
 Sweeten Hard Times 

Confectioners' profits rise as people seek comfort

Mar 24, 09 9:03 AM CDT
(Newser) - Tough times don’t seem to be trickling down to inexpensive candy shops, where adult customers are flocking for a sugar-coated escape from their troubles, the New York Times reports. “People may indulge themselves a little bit more when times are tough,” says an analyst. And indulge they... More »

MORE ABOUT:
Hershey • recession • Cadbury Schweppes • Tootsie pop • candy • Nestle • economy • sweet tooth • financial crisis • Snickers • Three Musketeers

Binge Now: Chocolate
Prices May Spike

Soaring cocoa prices slim down candy makers' profit margins

Feb 13, 09 10:52 AM CST
(Newser) - Soaring cocoa prices have left chocolate makers wondering how far they can hike prices without souring business, the Wall Street Journal reports. Crop woes in Africa have kept cocoa pricey despite the global commodities slump. Chocolate companies are mostly holding prices steady for now but many are expected to fatten... More »

MORE ABOUT:
Hershey • chocolate • candy • Valentine's Day • cocoa • commodity prices • recession depression

Solution to 11th-Century Mystery: Hot Chocolate

Hershey's helps anthropologist solve mystery of old vessels

Feb 4, 09 10:00 AM CST
(Newser) - Patricia Crown, an anthropologist at the University of New Mexico, spent years puzzling over the round clay jars decorated with intricate zigzagging shapes, dating from the 11th century, found in Pueblo ruins in Chaco Canyon. But a scientific study led her to a surprising conclusion: they weren't drums or holders... More »

MORE ABOUT:
Hershey • anthropology • chocolate • cacao


 Chocolate Sales Are Bittersweet 

Battle to elevate taste
to expensive brands proves bittersweet as economy sours

Dec 24, 08 9:03 AM CST
(Newser) - Chocolate sales, reputed to be recession-proof, are taking a hit in this downturn as consumers’ taste for more expensive brands has soured, reports the Financial Times. Companies that jumped into premium candies have been hurt by the downturn, and analysts say the market has been “trading down” from premium... More »

MORE ABOUT:
Hershey • recession • chocolate • Nestle • dark chocolate

Food Makers Tweak Recipes to Cut Costs

Hershey, others quietly substitute cheaper ingredients, fillers

Aug 23, 08 10:01 AM CDT
(Newser) - Food manufacturers are adjusting their recipes to cut costs as ingredient prices climb, the Wall Street Journal reports. Hershey is replacing some of its cocoa butter with vegetable oil, while General Mills is dumping pecans for walnuts in one cookie. McCormick, McDonald's, and other companies are making similar moves. But... More »

MORE ABOUT:
food • McDonald's • Hershey • recipes • General Mills • food prices • economy

EU Probes Chocolate Price Fixing

Hershey, Mars, others suspected of conspiracy

Feb 20, 08 6:22 AM CST
(Newser) - The European Commission suspects candy giant Hershey of conspiring with other chocolate and candy manufacturers in an industry-wide price-fixing scheme, AP reports. Both Hershey and rival Mars recently received requests for information from the commission after some 50 civil lawsuits in the US have alleged price fixing. The two companies... More »

MORE ABOUT:
Germany • Mars • Canada • Hershey • conspiracy • Cadbury Schweppes • Kraft • price fixing • chocolate • candy • Nestle • European Commission

Chocolate Makers Face Sticky Probe

US and Canada
investigate possible price-fixing

Dec 20, 07 5:25 PM CST
(Newser) - Following a similar investigation in Canada last month, the Justice Department has launched a probe into possible price-fixing in the US chocolate industry. The suspects form a rich, creamy lineup: M&M maker Mars acknowledged it has been contacted by the DOJ, the Wall Street Journal reports. Nestle, too, says... More »

MORE ABOUT:
Department of Justice • Hershey • antitrust • Cadbury Schweppes • price fixing • chocolate • Nestle

10 Sweet Spots to Visit

Willy Wonka may be a fictional persona, but these ten real-life fun-food factories will bring out the kid in anyone.

Aug 26, 07 5:10 PM CDT
(Newser) - Travel & Leisure takes you on a tour of a fun-food factories, where delights range from twisting your own pretzel to sampling donuts hot off the line.  Some factory tours can even be experienced from home.
  1. Twinkie: Twinkies.com
  2. Tootsie Pop:  Tootsie.com
  3. Ben and Jerry's: 
... More »

MORE ABOUT:
travel • Coca Cola • Hershey • list • junk food • vacation • Ben and Jerry's • Twinkie • Tootsie pop • Sturgis Pretzel • Kellog's • Hammond's candies • Jelly Belly • Krisy Kreme • candy • trips • tour

Dark Chocolate Gets Sweeter Every Day

Milk chocolate's healthier sibling grows more popular than ever

Aug 22, 07 1:10 PM CDT
(Newser) - Overall chocolate sales are down, but Americans are increasingly indulging their sweet tooth with dark chocolate. The bitter, coffee-flavored treat is on the rise: Last year, dark chocolate sales surged 15% while sales of more popular milk chocolate dipped 5.5%. And boosted by claims of health benefits, dark chocolate... More »

MORE ABOUT:
FDA • Mars • Hershey • chocolate • antioxidants • flavonoids • Nestle

Globalization Has a Hard Chocolate Shell

Hershey to shutter Calif. operation, cut thousands of jobs

May 31, 07 2:57 PM CDT
(Newser) - In a "global supply-chain transformation," Hershey will slash its domestic workforce and build a plant in Mexico. The chocolate giant projects savings of tens of millions of dollars a year, but the numbers don't mean much in Oakdale, Calif., where 575 employees will be our of their jobs... More »

MORE ABOUT:
Mexico • globalization • outsourcing • Hershey • labor • employment • Milton Hershey

12 Stories


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