US chocolate manufacturer Hershey reported that its net income decreased 10.16%to$176.7m for the third quarter ended 30 September 2012,compared to$196.7m in 2011,due to acquisition and realignment efforts. The quarter included charges ...
Tags: net income, acquisition, realignment, macroeconomic challenges
American food and beverage company PepsiCo reported that its net income for the third quarter 2012 fell 5% to $1.9bn, compared to $2bn during the previous year, due to increased spending on advertising, higher commodity costs and negative ...
Tags: net income, commodity costs, foreign-exchange, revenue