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Stock Market & Financial Investment News

News Breaks
January 27, 2013
13:21 EDTFLO, APOMcKee Foods to bid on Hostess's Drake's brand, WSJ says
Maker of Little Debbie snack cakes, McKee Foods, is offering $25M to $30M for Hostess's Drake's brand, which made Devil Dogs, Ring Dings and Yodels before Hostess began liquidating in bankruptcy, says the Wall Street Journal, citing people familiar with the negotiations. Flowers Foods (FLO) has a bid in for five major Hostess bread brands and private equity, including a team compromising the firms Apollo Global Management (APO) and and C. Dean Metropoulos & Co are contending to bid on Hostess' main cake business adds the Wall Street Journal. Reference Link
News For FLO;APO From The Last 14 Days
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October 30, 2014
06:40 EDTAPOApollo Global reports Q3 EPS (5c), may not compare to consensus 38c
Reports Q3 revenue $221.14M, consensus $394.57M. Reports Q3 total Assets Under Managemnt $163.9B, up 45% vs. a year ago. Reports Q3 ENI after taxes 12c per share.
October 29, 2014
12:59 EDTAPOPrivate equity firms preparing initial bids for PetSmart auction, WSJ says
Private equity firms including Apollo Global Management (APO), Hellman & Friedman and KKR (KKR) are said to be preparing initial bids for pet-supply retailer PetSmart (PETM), says the Wall Street Journal. PetSmart which is based in Phoenix and has around 1,350 stores has a market capitalization of around $7B, added the Wall Street Journal. Shares of PetSmart are up almost 3% or $1.98, to $72.06 in midday trading. Reference Link
October 27, 2014
10:00 EDTFLOOn The Fly: Analyst Initiation Summary
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06:31 EDTFLOFlowers Foods initiated with a Sell at Pivotal Research
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October 24, 2014
08:06 EDTAPOExpress Energy Services agrees to be acquired by Apollo Funds
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