LONDON (Reuters) - Kraft Foods <KFT.N> said it was intent on pursuing Britain's Cadbury <CBRY.L>, which soared in value after it snubbed a premium-rich bid from the U.S. group, reinforcing hopes of a broader-based pick-up in merger activity. Analysts said North America's biggest food group might have to raise its 10.2 ...

CHICAGO (Reuters) - Large U.S. food companies have been pushing the Obama administration to ease sugar import curbs, citing forecasts for unprecedented sugar shortages that could result in higher retail prices and possible job losses. In a letter to U.S. Agriculture Secretary Tom Vilsack dated August 5, companies and groups that include Kraft Foods Inc, General Mills Inc and ...

Stocks that moved substantially or traded heavily Friday on the New York Stock Exchange and Nasdaq Stock Market: NYSE: Hershey Co., down 83 cents at $40.97 An analyst upgraded the candy maker on renewed advertising and sales efforts, while another analyst downgraded it on its stock price ...

Hershey, the nation's second-largest candymaker, said Thursday that higher prices and a new advertising effort helped its second-quarter profit leap by 72 percent. The results easily beat Wall Street's expectations, and prompted The Hershey Co. to raise its sales and earnings expectations for the year. The ...