This image provided by The Hershey Company shows the company's old and new corporate logos. On Friday, Aug. 29, 2014, the candy maker announced a new design, which adds a Kisses chocolate at the end of the company’s name. (AP Photo/The Hershey Company)
HERSHEY, Pa. (AP) --
The Hershey Company is rolling out a new corporate logo that features a freshly stylized version of one of its most famous chocolate products.
The candy maker on Friday announced the new design, which adds a new version of the Kisses chocolate at the end of the company's name.
It's part of what the company calls a "disciplined identity system" designed to provide more consistency.
Ron Burrage, the company's senior global design director, says the goal is to help people "clearly identify, this is from The Hershey Company."
For its products, the only change will be on the back of packaging where the company's name is printed.
Based in central Pennsylvania, The Hershey Company has about 13,000 employees and generates more than $7 billion in annual sales.
Microsoft CEO Satya Nadella speaks during the Microsoft Ignite conference, Tuesday, Nov. 19, 2024, in Chicago. (AP Photo/Charles Rex Arbogast, File)
Microsoft Corp. said Wednesday that its profit for the October-December quarter grew 10% from the same time last year as it works to capitalize on the huge amounts of money it has spent to advance its artificial intelligence technology.
But while its overall profits and revenue beat Wall Street expectations, it slightly missed projections for its closely-watched cloud computing business, a centerpiece of its AI efforts.
The company reported net income for the quarter of $24.1 billion, or $3.23 per share, beating Wall Street expectations of $3.11 per share. The Redmond, Washington-based software maker posted revenue of $69.6 billion in the quarter, up 12% from the previous year, also beating expectations.
Analysts polled by FactSet Research expected Microsoft to generate revenue of $68.87 billion in the last three months of the year, and currently project revenue of $69.81 billion for the January-March quarter.
Sales from Microsoft's cloud-focused business segment grew 19% from the same time last year to $25.5 billion, which was less than the $25.83 billion forecast by FactSet analysts.
Microsoft's productivity business segment, which includes its Office suite of email and other workplace products, grew 14% to $29.4 billion.
Its personal computing business, led by its Windows division, remained steady at $14.7 billion.
Microsoft shares dropped slightly in after-hours trading Wednesday but were still higher than Monday, when the tech giant was hit by a broader tech stock sale caused by a frenzy over the new ChatGPT competitor developed by Chinese tech startup DeepSeek.
Microsoft is a close partner of ChatGPT maker OpenAI and also sells its own AI chatbot services, branded as Copilot. Part of what drove the Wall... Read More
