Hershey , Mondelez and other confection-makers are employing promotions and pitching more non-chocolate Easter treats like cookies ‘n’ cream bunnies at a time when soaring cocoa prices threaten their profits and shoppers balk at high prices.
Shares of Krispy Kreme surged as much as 23% in premarket trade on Tuesday after the company and McDonald’s said they plan to provide Krispy Kreme’s donuts across the fast-food giant’s U.S. restaurants by the end of 2026.
BlackRock CEO Larry Fink has urged the government and the private sector to ensure Americans have enough money to retire and said the world’s largest asset manager would launch a product next month to address the issue.
Gene therapy maker bluebird bio said on Tuesday it plans to restate its financial statements for 2022 and for each of the first three quarters of 2022 and 2023 following accounting errors.
McCormick beat market expectations for first-quarter sales and profit on Tuesday, as consumer demand for its high-priced spices and seasonings held amid sticky inflation.
Viking Therapeutics said on Tuesday its experimental tablet helped reduce weight and was shown to be safe in an early-stage study, sending the company’s shares 10% higher in premarket trading.
United Parcel Service forecast better-than-expected 2026 total revenue on Tuesday, as the world’s largest parcel delivery company works to aggressively cut costs to offset a post-pandemic shipping slowdown due to lower e-commerce demand.
A record 263 climate-related shareholder resolutions have been filed so far this year for annual meetings of North American companies, a new tally showed on Tuesday, with proponents tailoring their wording to gain support.
