Hershey Hurt by Strong Dollar

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Hershey posted weaker-than-expected results in its fourth quarter and gave a soft earnings outlook for 2015 as the candy maker joined the chorus of U.S. companies saying the strong dollar is hurting their business.

Dow Chemical Earnings Beat Estimates on Higher Volumes

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Dow Chemical Co. reported stronger-than-expected fourth-quarter earnings, as higher volumes across the board offset price declines in Western Europe related to the impact of the strong dollar.

Scrapped: Oil Prices Shelve an $11 Billion Gulf Coast Project

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Sasol said it was shelving an $11 billion project on Louisiana’s Gulf Coast, imperiling one of the largest foreign investments on U.S. soil because of the plunge in oil prices.

Alibaba's Revenue Growth Disappoints

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Alibaba said revenue rose 40% during its December quarter as the Chinese e-commerce giant saw a continued surge in users buying items through mobile devices.

Sky, Telefónica in U.K. Mobile Partnership

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Sky said it has reached an agreement to partner up with the U.K. business of Spanish mobile-phone operator Telefónica, with the British pay-TV company launching a mobile service for the first time next year.

Ford Earnings Down on North America Ops, Venezuela

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Ford Motor said fourth-quarter net income plummeted to $52 million from $3 billion a year ago, as a $700 million charge related to removing Venezuela from consolidated earnings dragged results down.

Nokia Notches Up Better-Than-Expected Profit

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Finland’s Nokia Corp. reported better-than-expected fourth-quarter net profit and fattened its dividend but investors took fright at a fall in revenue from the licensing of its large catalog of patents.

Viacom Media Networks, Filmed Entertainment Post Revenue Gains

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Viacom Inc.said its media networks and filmed entertainment divisions propelled revenue growth in its most recent quarter.

Raytheon Profit Rises 10%

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Raytheon reported a 10% rise in fourth-quarter profit that, like its 2015 guidance, fell short of investor expectations, even as the Pentagon’s third-largest supplier bolstered its backlog with more overseas orders.

China to Crack Down on Fake Goods Online

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China’s Ministry of Commerce said it would step up its efforts to prevent the sale of counterfeit goods online.

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