Hershey Raises FY22 Outlook; Boosts Dividend 15% - Update

Hershey Canada Launches First Plant-Based Chocolate Bar In Canada

Hershey Canada, Inc., a wholly owned subsidiary of Hershey Co. (HSY), announced Tuesday the launch of its first-ever plant-based chocolate, HERSHEY'S OAT MADE. It offers all of Hershey's iconic, smooth and creamy taste in a completely vegan format.

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Hershey Reaffirms FY23 Outlook

Ahead of its Investor Day later on Wednesday, The Hershey Co. (HSY) reaffirmed its earnings, adjusted earnings and net sales growth for the full-year 2023.

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Bay Street Likely To Open On Weak Note

Canadian shares are likely to open lower on Tuesday, tracking weak European markets amid growing uncertainty over U.S. - EU trade talks. Weak crude oil and bullion prices may hurt as well. The economic calendar is blank and there are no big earnings news as well. The mood in the market is likely to remain cautious.

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GM Q2 Results Down, Yet Beat Market; Backs FY25 View; Shares Hit

Automajor General Motors Co. on Tuesday maintained its fiscal 2025 earnings outlook, after reporting weak profit and revenues in its second quarter. However, adjusted earnings and top line beat market estimates. In the pre-market activity on the NYSE, General Motors shares were losing around 3.7 percent.

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FTSE Flat At Noon; Compass Group, Centrica Post Strong Gains

U.K. stocks are turning in a mixed performance in cautious trade on Tuesday with investors reacting to some earnings updates, and assessing the possible move of the U.S. and the European Union in the event of the ongoing trade negotiations failing to result in any meaningful solution to the tariff issues.

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UK Budget Deficit Exceeds Estimate In June

The UK budget deficit widened more than estimated in June on higher debt servicing costs, which has added pressure on Chancellor Rachel Reeves to raise taxes at the autumn budget. Public sector net borrowing rose by GBP 6.6 billion from the previous year to GBP 20.7 billion in June, the Office for National Statistics reported Tuesday.

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CAC Moderately Lower As Investors Await Progress In Trade Talks

French stocks are notably lower on Tuesday amid rising uncertainty over U.S.-EU trade talks ahead of the August 1 deadline. The mood is very cautious with investors awaiting a slew of earnings updates from big name French companies.

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DAX Down Nearly 1%; Sartorius Plunges 9%

German stocks are down in negative territory on Tuesday, weighed down by some weak earnings updates and uncertainty about tariffs. The European Union is reportedly preparing to respond with a suite of retaliatory measures under its Anti-Coercion Instrument (ACI) following U.S. President Donald Trump's threat to impose a 30% tariff on EU goods from 1 August.

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EURUSD	1.17578	GBPUSD	1.35321	AUDUSD	0.65556
USDJPY	146.369	USDCAD	1.36072	USDCHF	0.79207

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Hershey Raises FY22 Outlook; Boosts Dividend 15% - Update