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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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September 30, 2014
08:43 EDTAPOApollo wins approval for transfer of Caesar's loyalty program, NY Post says
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September 25, 2014
13:31 EDTAPODow starts process for epoxy, chlorine unit sales, seeks one buyer, Reuters says
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September 24, 2014
08:09 EDTAPOApollo Global weakness creates buying opportunity, says Argus
Argus believes that Apollo Global is clicking on all cylinders, and it thinks that analysts are underestimating the outlook for the company's distributions. The firm cut its price target on the name to $35 from $40 but reiterates a Buy rating.

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