On Wednesday, Following Stocks were among the “Top 100 Gainers” of U.S. Stock Market: California Resources Corporation (NYSE:CRC), Kraft Foods Group, Inc. (NASDAQ:KRFT), VimpelCom Ltd. (NASDAQ:VIP), The Hershey Company (NYSE:HSY)
California Resources Corporation (NYSE:CRC), with shares gained 3.65%, closed at $7.39.
Kraft Foods Group, Inc. (NASDAQ:KRFT), with shares skyrocketed 35.62%, settled at $83.17, hitting new 52-week high of $87.88.
VimpelCom Ltd. (NASDAQ:VIP), with shares climbed 1.08%, and closed at $5.61.
Hershey Company (NYSE:HSY), surged 1.07%, and closed at $101.69.
Latest NEWS regarding these Stocks are depicted underneath:
California Resources Corporation (NYSE:CRC)
Todd Stevens, President and Chief Executive Officer of California Resources Corporation (CRC), presented at the Scotia Howard Weil 43rd Annual Energy Conference on Wednesday, March 25, in New Orleans, Louisiana.
California Resources Corporation is an independent oil and natural gas exploration and production corporation and the largest combined oil and natural gas producer in California on a gross-operated basis.
Kraft Foods Group, Inc. (NASDAQ:KRFT)
Kraft Foods Group, Inc. (KRFT), declared that they have reached a definitive merger contract to create The Kraft Heinz Corporation, forming the third largest food and beverage corporation in North America with an unparalleled portfolio of iconic brands.
Under the terms of the contract, which has been unanimously approved by both Heinz and Kraft’s Boards of Directors, Kraft shareholders will own a 49% stake in the combined corporation, and current Heinz shareholders will own 51% on a fully diluted basis. Kraft shareholders will receive stock in the combined corporation and a special cash dividend of $16.50 per share. The aggregate special dividend payment of about $10 billion is being fully funded by an equity contribution by Berkshire Hathaway and 3G Capital.
Kraft Foods Group, Inc. operates as a consumer packaged food and beverage corporation. It operates through six segments: Cheese, Refrigerated Meals, Beverages, Meals & Desserts, Enhancers & Snack Nuts, and Canada.
VimpelCom Ltd. (NASDAQ:VIP)
VimpelCom Ltd. (VIP), filed its 2014 Annual Report on Form 20-F for the year ended December 31, 2014 with the U.S. Securities and Exchange at www.sec.gov. The Form-20-F is accessible on the Corporation’s website at www.vimpelcom.com.
VimpelCom Ltd. provides telecommunications services in Italy, Russia, Ukraine, Kazakhstan, Uzbekistan, Tajikistan, Armenia, Georgia, Kyrgyzstan, Laos, Algeria, Bangladesh, and Pakistan. It offers voice and data services through a range of traditional and broadband mobile and fixed line technologies.
The Hershey Company (NYSE:HSY)
The Hershey Company (HSY), declared its partnership with IOI Loders Croklaan, a global shea butter supplier, to fund the construction of three warehouses in Northern Ghana that will improve revenues for women shea farmers and positively influence their livelihoods.
Hershey and IOI Loders Croklaan will provide funding to StarShea, a social business that commercializes shea butter supplied by its network of rural Ghanaian women, to construct three warehouses allowing the women’s cooperative to store shea nuts throughout the season, which will assist raise the women’s profit for their shea crop.
Female shea producers have limited access to the capital they need to sustain their lives and business. StarShea will now be able to give women access to much-needed cash earlier in the shea season by buying their shea nuts at a premium at the starting of the season and storing them in warehouses until they are sold to IOI Loders Croklaan and ultimately The Hershey Corporation.
The Hershey Corporation manufactures, imports, markets, distributes, and sells confectionery products. The corporation operates through two segments, North America; and International and Other. It offers chocolate and sugar confectionery products; pantry items, such as baking ingredients, toppings, sundae syrups, and beverages; snack items, counting spreads; and gum and mint refreshment products comprising chewing gums and bubble gums.
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