RBC Capital lowered the firm’s price target on Mondelez (MDLZ) to $69 from $75 and keeps an Outperform rating on the shares.

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The Oreo maker warned of “unprecedented” inflation for the commodity that would reduce its earnings, while the Kisses giant ...

ICE NY cocoa today is down -71 (-0.70%), and March ICE London cocoa #7 is down -69 (-0.862%). Cocoa prices today added to this week's losses and fell to 2-month lows. Cocoa ...

Shares of chocolate company Hershey (NYSE:HSY) jumped 6.9% in the pre-market session after the company reported strong fourth ...

Hershey’s (NYSE:HSY) outlook for FY25 sets a reasonable floor in which the company can grow, even if the price of cocoa does not come down, and given the company’s assumptions underpinning guidance, ...

Thursday closed down -420 (-3.99%), and March ICE London cocoa #7 (CAH25) closed down -256 (-3.10%). Cocoa prices Thursday extended this week's sharp decline, with NY cocoa posting a 6-week low and ...

Major challenges in the global cocoa sector were addressed during the opening day of the Amsterdam Sustainable Conference, ...

DZ Bank analyst Zheng Feng Chee downgraded Mondelez (MDLZ) to Hold from Buy with a $57 price target Maximize Your Portfolio with Data Driven ...

Tony’s Chocolonely’s latest FAIR Report reveals record revenue, halved cocoa’s climate impact, and doubled farm resilience.