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SPORTS
February 7, 2009
The Phantoms fought back from a three-goal first-period deficit to pull within a goal twice, but they couldn't catch Hershey in a 5-3 loss at the Wachovia Spectrum last night in the American Hockey League. Jonathan Matsumoto, David Laliberte and Andreas Nodl notched the Phantoms' goals. Goalie J.S. Aubin saw his first action in more than a month and had 30 saves on 35 Hershey chances.
SPORTS
November 24, 2007 | Daily News Wire Services
Rookie Andrew Joudrey scored his first goal of the season and Frederic Cassivi turned aside 32 of 33 shots, leading Hershey to a 2-1 win over the Phantoms in an American Hockey League game at the Wachovia Center. The Phantoms took the lead late in the first period with a 5-on-3 power-play goal. Ryan Potulny fired a shot from the right side and Alexandre Picard swept the rebound into the net with 2 1/2 minutes remaining. Brian Boucher took the loss in net with 25 saves on 27 shots.
NEWS
April 11, 1997
The trouble with a chocolate high is it wears off quickly - and that can leave you feeling cranky. One month after members of Congress held a retreat in Hershey, America's chocolate capital, to relearn (or, in some cases, be introduced to) the arts of civil dialogue, two high-ranking lawmakers got in a jawing and shoving match on the House floor Wednesday. Rep. David Obey of Wisconsin, top Democrat on the Appropriations Committee, wagged an angry finger in the face of Republican Whip Tom DeLay of Texas, who responded with a shove and the kind observation that Mr. Obey was a "gutless chickens--t.
SPORTS
September 30, 1994 | by Les Bowen, Daily News Sports Writer
If anyone still doubts that the NHL lockout is all but official, they need to know that the Flyers yesterday assigned defensemen Chris Therien, Jason Bowen and Vladislav Boulin to Hershey. Therien definitely had made the Flyers' team, but was sent down so that he can play during the stoppage. "At least I'll be making something," Therien said. Like most younger NHL players, Therien has a "two-way" contract that allows for a lower salary if he plays in the minors. Flyers coach Terry Murray said Therien had done well in camp, but needed to play.
SPORTS
November 1, 1990 | By Gary Miles, Inquirer Staff Writer
The Flyers yesterday assigned veteran goaltender Pete Peeters to their American Hockey League affiliate in Hershey so that he can play himself into game shape before he is needed by the Flyers. Peeters, 33, has not played for the Flyers so far this season. But with Ron Hextall sidelined for at least a month with a knee injury, coach Paul Holmgren said he expected Peeters to serve as Ken Wregget's backup. Peeters is to join Hershey for tonight's game in Halifax, Nova Scotia.
FOOD
May 23, 1990 | By Bonnie Tandy Leblang and Carolyn Wyman, Special to the Daily News
HERSHEY'S SYMPHONY MILK CHOCOLATE CANDY BAR. Plain and with almonds and toffee chips. 40 cents per 1.4-ounce or $1.65 per 7-ounce bar. CAROLYN: Let's get one thing straight right now: There is absolutely nothing wrong with Hershey's regular candy bar. It tastes great with almonds and as good without as it has for nearly a century. It's just that the executives at Hershey's had to do something to capture the attention of people who eat Haagen-Dazs ice cream and, they presume, attend the symphony.
BUSINESS
January 26, 2006 | By Harold Brubaker INQUIRER STAFF WRITER
The Hershey Co., the largest U.S. candy manufacturer, yesterday reported a 3 percent gain in its fourth-quarter profit, as restructuring costs partly offset gains from higher candy-bar prices, new products, and acquisitions. The producer of Kit Kat, Jolly Rancher, and many other candies said it earned $172.85 million, or 70 cents a share, in the fourth quarter of 2005, compared with $167.12 million, or 67 cents a share, in the same quarter the year before. Fourth-quarter sales in 2005 were up 6 percent to $1.35 billion from $1.27 billion the year before.
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BUSINESS
September 4, 2016 | By Suzette Parmley, Staff Writer
WILDWOOD - When the boardwalk and the beach feel like hot coals underfoot, do we avoid even going for ice cream? Apparently so. Foot traffic along the boardwalk was light under the blaring afternoon sun for much of this summer season's final week, an ice cream vendor said. "Look at it, it's dead," said Danny Ferrazzano Jr., whose family runs Hershey's Ice Cream, as the thermometer threatened 94 degrees just before noon Monday. There was barely a soul on the boardwalk at 4 p.m. The beach, about a quarter-mile from the shop, was also desolate.
BUSINESS
August 31, 2016 | By Bob Fernandez, Staff Writer
Global snacks giant Mondelez International Inc. ended negotiations on a potential $22.3 billion takeover of Pennsylvania chocolate maker Hershey Co., saying there was "no actionable path forward. " Mondelez, based in the Chicago area and the marketer of Oreo cookies and Nabisco products, released a statement Monday, after U.S. stock markets closed at 4 p.m. Shares of Hershey - which had been bolstered by takeover speculation over the last month - fell 11 percent in extended trading to about $99 a share.
NEWS
August 4, 2016
The perpetually wayward Hershey Trust was an early focus of candidate Kathleen Kane's vows to be a tough top prosecutor. Her subsequent settlement with the chocolate-fueled charity as a newly minted attorney general - a capitulation that possessed all the toughness of a peanut butter cup - was one of the first signs that she would not live up to her promises. It's fitting, then, that here at the bitter end of her tenure, Kane has just signed off on what appears to be another sweet deal for Hershey, as the Inquirer's Bob Fernandez reported last week.
NEWS
July 31, 2016 | By Bob Fernandez, Staff Writer
Pennsylvania Attorney General Kathleen G. Kane announced Friday that five of the longest-serving and highest-paid board members on the $12.3-billion Hershey Trust for poor children would resign over the next 18 months after a probe into the board's compensation, governance, and travel expenses. Friday's settlement would create a new majority for the embattled nine-member board. It also was the second attempt by Kane in four years - and the fourth since 1994 - to fix the scandal-plagued charity.
BUSINESS
July 25, 2016 | By Bob Fernandez, Staff Writer
With mass-market U.S. chocolate consumption on the wane and millennial tastes trending toward health-conscious snacks, the Hershey Co. chocolate giant faces a challenging future, analysts say. While the central Pennsylvania company has been developing new product lines, its "category has been declining with the changing tastes of millennials," said Jack Russo, senior consumer staples analyst with Edward Jones. "Snacking is taking a different form, more protein" - energy bars, jerky, and fruits and nuts.
NEWS
July 24, 2016 | By Bob Fernandez, Staff Writer
The troubled Hershey Trust for impoverished children and the Pennsylvania Attorney General's Office have reached a deal to settle the latest investigation into the giant charity that will include board member resignations, according to a source with direct knowledge of the agreement. The trust and the Attorney General's Office confirmed that a deal had been struck late Friday but declined to disclose details. The number of resignations on the nine-member board could not be immediately determined.
BUSINESS
July 13, 2016 | By Bob Fernandez, Staff Writer
In a sign of deepening turmoil, Hershey Trust board member Joan E. Steel resigned her position at the troubled $12.3 billion charity for impoverished children as the giant charity faces its latest investigation by the Pennsylvania Office of Attorney General. The office has set a July 31 deadline for the trust to comply with its demands for reforms, which include the removal of three long-standing board members and other governance changes. Steel, who lives in the Chicago area, was not one of the three board members the attorney general has been seeking to remove.
NEWS
July 2, 2016 | By Bob Fernandez, Staff Writer
Lawyers for two former students, including a 14-year-old girl who committed suicide, sued the $12.3 billion Milton Hershey School on Thursday in federal court here, alleging that they were expelled for depression and having suicidal thoughts. The suits say the school for impoverished children violated a 2012 agreement with the Justice Department to treat disabled students better and seeks unspecified monetary damages and reforms. Abbie Bartels, 14, hanged herself in her home in central Pennsylvania in June 2013 after she was told she could not return to the 2,000-student boarding school for her eighth-grade graduation.
NEWS
July 2, 2016 | By Bob Fernandez, Staff Writer
The Hershey Co. candy giant Thursday rejected a takeover bid from Oreo-maker Mondelez International Inc. that would have kept the combined firm's chocolate operations in Hershey, Pa. But even as the Hershey board was unanimously rejecting the offer, its stock was rising. Hershey shares closed up $16.35 on Thursday - or almost 17 percent - to $113.49. Shares retreated slightly after hours but stayed in that range as analysts speculated that the move on the iconic chocolate company may yet attract more offers.
NEWS
June 21, 2016 | By Bob Fernandez, Staff Writer
The directors of the Hershey School oversee an educational facility in central Pennsylvania for impoverished children, but you might not know it from their expense reports. Eight directors ran up an $18,000 tab for a weekend board meeting last June at New York's Waldorf-Astoria hotel, according to internal records obtained by the Inquirer. All 10 spent $362,000 in travel, meals and hotels over the last 21/2 years, including at least 60 limousine rides, often from the Philadelphia and Baltimore airports.
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