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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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July 14, 2014
17:28 EDTFLOFlowers Foods names Bradley Alexander as COO, executive VP
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July 11, 2014
08:19 EDTAPOApollo Global valuation attractive after pullback, says BMO Capital
After meeting with Apollo Global's CFO, BMO Capital is upbeat about the company's outlook. The firm expects the company's credit business to be a growth driver for years to come, although its private equity business is expected to show very slow growth, according to BMO Capital. The firm raised its price target on the shares to $36 from $35 and keeps an Outperform rating,
July 10, 2014
11:21 EDTAPOInternational Game Technology rises as GTECH reportedly prepares bid
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