Sweet news for most chocolate lovers, and we count ourselves amongst these- though our tendency to turn our nose up at confections not hailing from Central Europe has been known to cause us trouble in Pennsylvania- Hershey “Bringing sweet moments of Hershey happiness to the world every day” Co. pleasantly surprised anyone watching and did so months after Valentine’s Day.
Chocolate maker Hershey Co posted a higher-than-expected rise in quarterly profit, helped by price increases and market share gains.
The maker of Hershey’s Kisses and Reese’s Peanut Butter Cups also stood by its forecast calling for earnings per share to increase this year, but for the gain to be less than the company’s long-term goal of 6 percent to 8 percent.
Hershey’s higher profit beats estimate [Reuters]
Related: Fat Gits Causing Global Warming [GlossyNews.com]
Gotta love the cocoa market. Coups are good for business.
Barney Frank must be using more body chocolate these days.
Readers are encouraged to share their own “sweet moments of Hershey happiness” in this forum.
http://www.dixiworld.com/2009/04/15-signs-diet/
This is unrelated, but you have to check this out, a new hedge fund promotion style:
http://www.mkapital.com/
Scroll down, it gets better and better with every picture.
http://autos.yahoo.com/articles/autos_content_landing_pages/971/preview-peapod-electric-car/;_ylc=X3oDMTEyN2tvYjg2BF9TAzI3MTYxNDkEc2VjA2ZwLXRvZGF5BHNsawNwZWFwb2Q-
Just saw this, so Chrysler is going to save the company by designing a car around an iPod?
@4,5,6,
I am interested to learn more about your exciting hyperlinks. Please join me over at finance.yahoo.com to discuss further.
Regards,
Burrs
http://www.dixiworld.com/2009/04/15-signs-diet/
@6 Its just a new version of the GEM, take it for what its worth…
IRT this story, met the guy who runs the markets (forwards/futures/commodity hedging, etc) group for Hershey a while back, was actually impressed, fwiw.
@7 you bring absolutely zero to the table, choke on a cock and die.
Finally. Good news about one stock I’m happy owning.
7 you got that right.
Ah, people, #5 here. This “hedge fund advisor” guy is the new Alexey Vainer, or whatever his name was. He showcases his (?) watch, car, laptops and money bills to prove that he is a good money manager!!!
Check out the pics, they are hilarious (THIS IS NOT AN AD): http://www.mkapital.com/
@13, the 8th pic down is fantastic…20 bottles of wine, 4 credit cards, fanned out euros, and one world class fund advisor.
@13, click on the Chapter 11 tab and tell me you don’t trust those eyes
The best part is at the very bottom stating that he can’t post all of his trades, because some days he trades “hundreds of contracts”.
This has to be a joke.
This has to be some sort of terrible joke (from the link in 5/13 – yes I couldn’t resist)
“Minimum account size to get my trading plan is $121,393 if you are private client. Not all nationalities or individuals are accepted as private clients.
Welcome to my buy/sell world.
Year 2008 revenues were about $ 300,000,000
EBITA about $ 300,000″
@5 that really made my day. thanks for posting.
5/13: That guy has the market figured out, look at this nugget:
“On all the worlds major exchanges there are only two simple things that are given for you to choose from, you can either buy or sell a security, everything else doesn’t exist.”
WOW!