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Stock Market & Financial Investment News

News Breaks
January 11, 2013
19:06 EDTFLOHostes asks bankruptcy court for Feb 28 auction, Jan 25 hearing scheduled
Hostess has requested that the U.S. Bankruptcy Court for the Southern District of New York authorize the company to proceed with an auction with the two Flowers (FLO) proposals as the stalking horse bids, provided the company receives additional qualified bids. If approved, the stalking horse bids will serve as the opening bids in the auction. The final sales will be made to the highest and best bidders at the auction, subject to court approval. Hostess has asked the court to order that the auction take place on February 28 and that a court hearing to authorize the sale to the highest or otherwise best bidders commence on March 5. The schedule and the Flowers proposals are subject to court approval. A hearing to consider approval of the bid procedures motions is scheduled for January 25.
News For FLO From The Last 14 Days
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November 21, 2014
10:14 EDTFLOFlowers Foods raises repurchase authorization by 7.1M shares
Flowers Foods says its board increased the company's share repurchase authorization by 7.1M shares. At the close of the company's Q3, 7.9M shares remained under the existing authorization. With the board's action today, the current authorization increases to 15M shares.
10:13 EDTFLOFlowers Foods raises annual dividend rate to 53c from 48c
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November 14, 2014
11:35 EDTFLOFlowers Foods management to meet with SunTrust
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November 12, 2014
09:21 EDTFLOOn The Fly: Pre-market Movers
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06:34 EDTFLOFlowers Foods lowers FY14 EPS view to 86c-90c from 92c-98c, consensus 93c
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06:32 EDTFLOFlowers Foods reports Q3 adjusted EPS 21c, consensus 20c
Reports Q3 revenue $849.4M, consensus $881.61M.
November 11, 2014
15:25 EDTFLONotable companies reporting before tomorrow's open
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