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Hershey Co. made a sweet profit this quarter by posting higher-than-expected results amid more competition from the combined Wm. Wrigley Jr. Co. and Mars Inc., a recession and a rise in cocoa costs.The Pennsylvania-based candy company, which is responsible for some tempting chocolate treats including Reese's Pieces, made a net...
Posted on January 27, 2009 11:30 AM
Trying to cash in on Internet ads, media conglomerate Cox Enterprises Inc. is acquiring startup Adify Corp. for about $300 million in cash. Adify specializes in vertical online advertising, creating brand networks anchored by leading media companies and entrepreneurs. The deal gives Cox a technology platform that can help Web...
Posted on April 29, 2008 8:40 AM
Ethan Beard, Google Inc.'s director of social media, will take a post as director of business development at Facebook Inc. Beard leaves the Internet search giant as No. 2 social networking firm Facebook moves to generate more advertising revenue. Facebook is growing faster than larger rival MySpace and the number...
Posted on March 26, 2008 3:18 PM
While private equity attracts attention for investment blowups rather than buying companies (example: Carlyle Capital), strategics remain active. Wednesday we wrote about AOL LLC and its recent...
Posted on March 13, 2008 1:42 PM
Wednesday's Roll Call alerted CD to some goings on at AOL LLC. As Google Inc., Yahoo! Inc. and Microsoft Corp. have been sucking up advertising dollars, AOL has been buying companies trying to join the party. Most recently, they acquired Goowy Media Inc., a widget development and analytics tools company;...
Posted on March 12, 2008 2:24 PM
Microsoft Corp. Friday announced 14 executive promotions -- seven new senior vice presidents and seven new corporate vice presidents. Among those receiving new titles is Satya Nadella, now SVP of search, portals and advertising. PC World magazine suggests MSFT is shuffling to prepare for...
Posted on February 15, 2008 10:27 AM
Is it better to run your business in China with a local partner, or to brave it alone? For the first time many foreign companies in the Middle Kingdom have a choice. But answering the question isn't as easy as you might think. Until recently, most foreign companies in...
Posted on April 15, 2006 4:55 PM
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