Flowers Foods position to deteriorate, says DA Davidson DA Davidson believes that if Flower Foods wins its bid for Hostess, it will have to pay for market share it's currently getting for free. If Flowers loses the bid, it will have more competition, according to the firm, which maintains an Underperform rating on the stock.
Flowers 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.