FoodBusinessNews3h
‘Volatile’ cocoa market cuts into Barry Callebaut volume
Customer-retailer pricing negotiations, delayed orders and stock-keeping unit (SKU) rationalization impacted Barry Callebaut negatively in the first quarter ended Nov. 30, 2024, leading to a 2.7% ...
Baking Business4h
Barry Callebaut volume falls amid ‘volatile’ cocoa market
Customer-retailer pricing negotiations, delayed orders and stock-keeping unit (SKU) rationalization impacted Barry Callebaut negatively in the first quarter ended Nov. 30, 2024, leading to a 2.7% ...
Deutsche Bank cuts Hershey stock price target to $148
Deutsche Bank (ETR:DBKGn) analyst Steve Powers adjusted the price target for Hershey stock (NYSE:HSY) to $148 from the previous $184, while maintaining a Hold rating on the shares. The stock, ...
Barry Callebaut's sales decline puts chocolate-making peers on negative watch
Barry Callebaut, the Swiss chocolate maker, has reported a decrease in sales volume for the first quarter of its 2025 fiscal ...
Barry Callebaut Stock Melts as High Cocoa Prices Weigh on Sales Volume
Barry Callebaut shares fell on Wednesday after the company missed sales volume expectations and cut its guidance for fiscal 2025 as soaring cocoa bean prices drag demand. Shares were down 5.9% at ...
US FDA approves AstraZeneca's drug for breast cancer
The U.S. Food and Drug Administration has approved AstraZeneca and partner Daiichi Sankyo's precision drug to treat a type of ...