Walmart, Kroger Among Bidders for Hostess
courtesy of Hostess Brands Inc.A couple of surprise names have popped up in the bidding war for bankrupt Hostess Brands Inc., makers of Twinkies, Ho-Hos, and Wonder Bread. Last Monday was the…
courtesy of Hostess Brands Inc.A couple of surprise names have popped up in the bidding war for bankrupt Hostess Brands Inc., makers of Twinkies, Ho-Hos, and Wonder Bread. Last Monday was the…
courtesy of Hostess Brands Inc.Today is the deadline for interested bidders to get their bids in for bankrupt Hostess Brands Inc. At last count, about 110 potential bidders had expressed interest. The…
U.S. equity markets opened lower this morning and were never able to make a sustained push into positive territory. In Europe, the downgrade of French sovereign debt cooled the equity markets a…
U.S. equity markets opened higher this morning following comments after Friday’s meeting between President Obama and Congressional leaders to discuss ways of dodging the fiscal cliff. Some were also expecting negotiations to…
Analyst calls often have many hidden gems in them, and sometimes the most interesting thing to take from these calls is what was not said. Credit Suisse came out this Tuesday with…
The three major U.S. stock indexes opened flat to slightly lower this morning after the three-day holiday weekend. PMI readings from Europe came out weaker than expected yesterday (our coverage here), as…
Campbell Soup Co. (NYSE: CPB) reported adjusted fourth quarter 2012 earnings per share (EPS) of $0.41 on $1.61 billion in sales before markets opened today. In the same period a year ago,…
Today’s issue of the “Closing Bell” is out early as we join many of you in an early start to the holiday weekend. Data in today’s report was compiled between 1 p.m.…
The three major U.S. stock indexes opened lower this morning but picked up some buying steam in the first hour or so of trading. The morning’s report on durable goods sales looked…
Jon OggThese are the top analyst calls of upgrades, downgrades and initiations we have seen from Wall St. research calls this Friday morning. Abercrombie & Fitch Co. (NYSE: ANF) maintained…
Jon OggThese are some of the top analyst upgrades, downgrades and initiations seen from Wall St. research calls this Monday morning. Bed Bath & Beyond Inc. (NASDAQ: BBBY) raised to…
Intel (NASDAQ: INTC) invests in next-generation chip company ASML (NASDAQ: ASML). (Reuters) The Federal Reserve Bank of New York may have known in 2007 that the way Libor was set was incorrect. (Reuters)…
Food products giant Campbell Soup Co. (NYSE: CPB) said this morning that it would acquire fresh food processor Bolthouse Farms from private equity firm Madison Dearborn Partners LLC for $1.55 billion in…
The 10-year Treasury hit yet another record low under 1.6% today and stocks are in the tank again due to poor economic data. Europe continues to face a meltdown and the hope…
The three major US stock indexes opened higher this morning as what seems to be a declaration of love for Greece at the G8 summit meeting pushed down fears that the Greeks…