Takeovers and takeover rumors can fuel large stock moves, often with the company being acquired going up and the company completing the acquisition falling.
These price moves are logical. Takeover targets tend to be undervalued and the buyout is usually done at a price above the market price. After the deal, it takes time to integrate [...]
puddles trades 2011-04-18
10:54
SHORT FLO 28.99
STOP 29.07
TGT 28.83
- FLO on daily extended long watch
- Little weaker than the market, market selling
- Short under bar/round #
- out -0.08
11:18
SHORT PWR 20.42
STOP 28.47
TGT 20.29
- Not too happy with this entry
- out -0.06
15:10
LONG MOS 74.04
STOP 73.8
TGT 74.46
- MOS rel. strong through the day.. Goes green on a very [...]
Packaged bakery foods company Flowers Foods Inc. (FLO) recently announced a definitive agreement to acquire Tasty Baking Co. (TSTY) for $4 per share or $165 million in cash. The transaction includes the existing debts of Tasty. Both companies' boards have unanimously approved the agreement.
Flowers plans to finance the transaction through cash-on-hand and credit facilities. The [...]
Terex Corporation (NYSE:TEX) moved up by 2.57% and closed at $37.50 whereas overall traded volume stood at 2.12 million shares for the day as compare to its average volume stood at 2.05 million shares. The share price is highly reactive to market index as its beta value stands at 2.47 times till its last trading [...]
Flowers Foods, Inc. (NYSE:FLO) went down by 4.89% to close at $24.33 with overall traded volume of 2.23 million shares in the last trading day as compare to its average volume stood at 493.54k shares. The RSI value of 29.85 times depicts that the current share value is in highly oversold level.
Steris Corporation (NYSE:STE) moved [...]
Qualcomm Inc. (QCOM) is systematically getting rid of its mobile TV venture called the “FLO TV”. Yesterday, the company announced that it has decided to stop selling direct-to-consumer FLO TV devices, which include palm-sized gadgets and displays for cars. However, Qualcomm will maintain its network so that its existing subscribers will be able to see [...]
FLO TV Inc, a wholly-owned subsidiary of Qualcomm Inc. (QCOM), has decided to enhance its mobile TV services by adding new applications. The new interactive features will integrate live video with net-centric on-demand content and social media tools. At present, the FLO-TV service has been offered by the two largest telecom operators in the U.S., [...]
Qualcomm’s (QCOM) wholly owned subsidiary FLO TV Inc. recently decided to tap the market for live mobile TV in-vehicles. Together with its partner Audiovox Corp. (VOXX), the unit will distribute multicast mobile TV service to more than 12,000 new car dealers across 85 markets in the U.S.
The service, FLO TV Auto Entertainment, will be [...]
FLO TV Inc., a wholly owned subsidiary of Qualcomm Inc. (QCOM), together with its partner Rentrak Corp. (RENT) recently decided to launch the industry’s first comprehensive audience measurement and reporting system. This innovative technique will provide details of advertising sales on FLO TV and an in-depth study of its viewership pattern. Rentrak is a multi-screen [...]
Flowers Foods, Inc. (FLO) recently renewed its annual dividend of 60 cents per share in a time when many are cutting or halting dividends. Last week, the company declared a quarterly dividend of 15 cents to be paid on March 20 to shareholders of record on March 6. FLO boasts an industry-leading yield of 2.6%.
"We [...]
Flowers Foods (FLO) recently reiterated its guidance for 2008 and 2009. Wall Street estimates for 2008 earnings of $1.23 per share and $1.38 per share for 2009 are in line with the company’s outlook. Analysts are seeing 21% earnings growth for 2008 and 12% growth for 2009.
Company Description
Flowers Foods produces and markets packaged bakery foods [...]
Flowers Foods, Inc. (FLO) recently announced third-quarter earnings of 29 cents per share, surpassing the previous year’s 24 cents and beating the consensus estimate by a penny. Sales jumped 21% on a year-over-year basis.
Company Description
Flowers Foods produces and markets packaged bakery foods for retail and foodservice customers. Among the company's top brands are Nature's Own, [...]
Flowers Foods (FLO), which announced a definitive agreement to acquire ButterKrust Bakery in Lakeland, Florida, boosted its dividend by 20% in late May. Its dividend yield of 2.1% is a standout in its industry. A few days before hiking its dividend, the company posted first-quarter earnings of 39 cents per share. The result was ahead [...]
Flowers Foods, Inc. (FLO) has distinguished itself from other companies in 2008 by producing very steady investor returns. Much of the recent strength comes on the heels of the company's excellent first-quarter results, reported on May 22.Flower Foods, Inc. produces baked goods in the United States. The company distributes its products to bakeries and grocery [...]