Hershey Trust Co. is a rarity in corporate America. It owns almost all of Hershey Co.’s Class B stock, giving it roughly 80% ...

Mondelēz International’s second attempt to acquire confectionery giant Hershey has been rejected by The Hershey Trust, citing ...

Key Takeaways Hershey shares fell as traders digested updates suggesting that it was unlikely to merge with Mondelēz International.Mondelēz said it was focused on purchases that are easier to pull off ...

To Skyler Weinand, chief investment officer at Regan Capital, the report “gives the Federal Reserve the green light for a 25 basis point rate cut at the December meeting, as it helps to confirm that ...

Hershey Co.’s stock was posting its sharpest daily loss in more than two years on Wednesday after Oreo maker Mondelēz International Inc. said it wasn’t planning any larger acquisition after ...

Analysts have poured cold water on the chances of Mondelez securing a blockbuster takeover of rival chocolate maker Hershey ...

According to Bloomberg, the Hershey Trust Co. rejected a takeover bid by Mondelez International, Inc. to acquire the Hershey ...

The Chicago-based snack maker is reportedly exploring an acquisition of the iconic chocolate company. It's not the first time ...

What Else: Today, Mondelez announced a $9 billion share repurchase program. The share repurchase authorization will begin Jan ...

A deal between Mondelez and Hershey never looked likely. Now Mondelez has all but confirmed it won’t happen. Hershey shares soared on Monday after Bloomberg reported t ...

Bank of America expects regulatory changes under President-elect Donald Trump to favor mergers and acquisitions among ...

Investors’ enthusiasm for US technology giants sent stocks higher Wednesday, snapping a two-day slide after a benign inflation report cemented expectations that the Federal Reserve will keep cutting ...