Nov. 21 (Bloomberg) -- Hershey Co.’s controlling trustwants the candy company to make a $17 billion bid for Britishconfectioner Cadbury Plc, the Wall Street Journal reported,citing unidentified people familiar with the matter.
The offer would trump Kraft Foods Inc.’s bid for ...Read More
The home builder D. R. Horton said on Friday that its quarterly loss narrowed despite a decline in revenue as its inventory write-down costs fell. But the write-downs were still wider than Wall Street had predicted, and the company's shares ...Read More
Cadbury produces some of the UK's best-known chocolate bars
US chocolate maker Hershey is considering launching a solo bid of at least $17bn (£10bn) for British firm Cadbury, according to reports.
Under pressure from its charitable trust, Hershey has lined up ...Read More
NEW YORK - Hershey Co. may make a $17 billion bid for UK candy company Cadbury PLC, topping the recent $16.5 billion hostile offer by Kraft Foods Inc., the Wall Street Journal reports Friday. The bid wouldn't be ready for two ...Read More
It's truly touching that Goldman Sachs' CEO Lloyd Blankfein, who recently said that his too-big-to-fail, Fed-backed holding company is doing "God's work," has offered a mea culpa (of sorts) for his firm's past sins. Our beneficent overlords at Goldman Sachs ...Read More
* Dollar strengthens as risk appetite fades * Wall Street dips, investors assess economic prospects * Mild weather, profit-taking hit energy futures NEW YORK, Nov 20 (Reuters) - U.S. crude oil futures paredsome losses at midday Friday, but the mood ...Read More
Some of the largest shareholders in Goldman Sachs Group Inc. have urged the Wall Street firm to reduce the size of its bonus pool, arguing that it should pass along more of its blockbuster earnings to investors, according to people ...Read More
UPDATE: Secretary Tim Geithner got hammered on Capitol Hill yesterday. Congressmen said the public has lost faith in him and asked for his resignation.
Why has the Geithner rage flared up now, a full year after he reamed taxpayers to save ...Read More
* Big investors want Goldman to reduce bonus pool-WSJ * Investors not requesting large cut-paper (Adds comment, more detail and background, adds ZURICH) ZURICH, Nov 20 (Reuters) - Big shareholders at Goldman Sachs(GS.N) have asked the U.S. bank, on track to deliver $20 ...Read More
LONDON — European stock markets rose Friday despite a drop in Asia as investors recouped some of the previous day's hefty losses ahead of a key speech from European Central Bank president Jean-Claude Trichet. The FTSE 100 index of leading British ...Read More
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