Hints and tips:
...The moves in Treasuries also came as companies with high credit quality including Meta, Comcast and Hershey tapped the debt market....
...William Lever, founder of Unilever, wanted to ensure workers received good wages and working conditions....
...Wrigley and Mars: the history ● 1891 William Wrigley Jr launches company selling baking powder....
...Milton Hershey (1857-1945) Another king of confectionery, Hershey made a fortune in caramel and then devised a formula for milk chocolate that made it cheap enough to be mass-produced....
...Among earnings due, Warren Buffett’s Berkshire Hathaway releases second quarter results and we will also hear from confectioner Hershey and cable TV company Cablevision Systems....
...In 2002, the trust’s obligations to the school led to the collapse of a planned merger with William Wrigley, the gum maker now owned by Mars....
...The political sensitivity of Hershey’s future was demonstrated in 2002, when the prospect of the Hershey Trust selling the Hershey Company to Chicago-based William Wrigley – a historic rival – resulted in...
...In 2002, a proposed takeover of Hershey by William Wrigley, the maker of chewing gum, was abandoned amid strong local opposition which was supported by the charitable school trust that controls 80 per cent...
...to William Wrigley, the gum maker....
...For decades, Cadbury’s management had fantasised about teaming up with Hershey....
...Warwickshire, a hotbed for technology start-ups, was in Elizabethan times the inspiration for William Shakespeare’s idyllic Forest of Arden....
...William Vereker, Nomura’s head of investment banking for Europe, Middle East and Africa, says: “The wave of consolidation in the utility sector in Europe through the decade was driven as much by a political...
...“[Mr Buffett] likes brands he can understand,” said William Wrigley, chairman of Wrigley....
...Mr Lenny’s first 18 months at Hershey were dominated by the failure of a planned sale of the company to William Wrigley, which beat a joint offer from Cadbury and Nestlé....
...In other earnings this week, Hershey said quarterly profit fell almost 65 per cent and the confectionary maker predicted a drop in earnings in 2008. The stock tumbled 7.3 per cent to $34.04....
...Hershey also forecast a surprise drop in earnings for 2008. Analysts pointed out that many of Hershey’s problems were self inflicted and the read across to Cadbury was therefore limited....
...Susan Smith, a spokeswoman for the Chocolate Manufacturers Association, a US-based trade group including Nestlé and Hershey’s, said having to prove the origin of cocoa would damage the industry....
...“It’s no surprise that high beta stocks are doing well in this current rally,” said William Strazzullo, chief market strategist at Bell Curve Trading....
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