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Snack On This: Twinkies Has A New 'Coin,' But It's Not Actually Cryptocurrency
Wednesday, July 13, 2022 - 5:57pm | 497Capitalizing on the rise of the number of cryptocurrencies that use the word coin, a snack food company is launching a limited-edition product that highlights this. What Happened: Hostess Brands Inc (NASDAQ: TWNK) launched special-edition circular Twinkies called “$TWINKcoin.” As...
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Polestar Is The 9th SPAC Merger For The Gores Group: Here's How The Previous Deals Performed And What's Next
Wednesday, September 29, 2021 - 4:19pm | 1020One of the top names in SPACs announced a ninth SPAC merger this week. The Gores Group led by chairman Alec Gores and CEO Mark Stone announced the deal between Gores Guggenheim Inc (NASDAQ: GGPI) and electric vehicle company Polestar. Since 2016, The Gores Group has announced nine deals valuing the...
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Twinkies Maker Hostess Likely To Be A 'Strong Outperformer' In 2021, JPMorgan Says
Thursday, December 10, 2020 - 3:26am | 361JPMorgan on Wednesday added the bakery company Hostess Brands Inc (NASDAQ: TWNK) to its U.S. Analyst Focus list, reports CNBC. What Happened: The investment bank believes that Hostess’ stock needs a price correction to reflect its growth. “Hostess remains one of the most under...
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Citigroup Not So Sweet On Hostess Brands, Initiates Coverage At Neutral
Wednesday, September 26, 2018 - 12:56pm | 318Hostess Brands Inc. (NASDAQ: TWNK) has returned from its 2013 bankruptcy with a clean slate, including new bakeries, new owners and new management. This year, the company has revamped popular product lines and announced Andy Callahan as the CEO. The Analyst Citigroup analyst Alexis Borden initiated...
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Berenberg's Packaged Food Pair Trade: Buy Twinkie's Parent Company, Hold Flowers Food
Monday, May 21, 2018 - 1:40pm | 619The dynamics of the entire food packaging business changed after Kellogg Company (NYSE: K) decided to exit its direct store delivery snack network to operate a warehouse model. The distribution method that packaged food companies use is becoming increasingly important to investors, according to...
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Deutsche Bank Loses Appetite For Hostess Brands, Dean Foods
Monday, May 14, 2018 - 12:05pm | 589Deutsche Bank analysts lost their appetite for two food companies Monday, including Twinkies maker Hostess Brands Inc (NASDAQ: TWNK) and major conglomerate Dean Foods Co (NYSE: DF). The Analyst Deutsche Bank's Rob Dickerson downgraded Hostess Brands' stock rating from Buy to Hold...
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Hostess Brands Bull Case Baked In Already At Current Price
Monday, September 25, 2017 - 12:11pm | 396Analysts at Morgan Stanley have an appetite for Hostess Brands, Inc. (NASDAQ: TWNK)'s growth story but not so much for the stock. The firm's Matthew Grainger initiated coverage of Hostess Brands' stock with an Equal-Weight rating and $14 price target. Hostess Brands, the maker of the popular snack...
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Short Sellers Stock Up On Hostess Brands Again
Friday, January 27, 2017 - 7:53am | 245Hostess Brands, Inc. (NASDAQ: TWNK), maker of the iconic Twinkie snack cake, rose from the dead in June 2013, and shares began trade publicly back in November 2016. And judging by the surge in the number of shares short in the most recent period, short sellers again think they have found...
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Comeback Story Of The Year? SunTrust Initiates Hostess At Buy On First Day Of Trading
Monday, November 7, 2016 - 1:03pm | 370Just four years ago, Hostess Brands Inc. (NASDAQ:TWNK) was in a dire situation. Fans rushed to stock up on Twinkies thinking they would no longer be around for much longer following the company's Chapter 7 bankruptcy filing. The 86-year-old brand was eventually bought out of liquidation and...
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Wal-Mart And Hostess Push The Envelope With Debut Of Deep-Fried Twinkies
Friday, August 12, 2016 - 11:39am | 347The ongoing trend towards healthy eating and fresh ingredients could be pushed aside and ignored for a special treat of deep-fried Twinkies. Wal-Mart Stores, Inc. (NYSE: WMT) said in a blog post it has teamed up with Hostess Brands, the maker of Twinkies, to bring a frozen, ready-to-heat...
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Hostess Brands Set To Go Public In The Third Quarter
Tuesday, July 5, 2016 - 10:46am | 251Hostess Brands, best known for its popular and iconic "Twinkies" snack brand, said on Tuesday it has decided to go public and list its shares on a stock exchange just two years after emerging from bankruptcy. Hostess Brands emerged from bankruptcy in 2013 and streamlined its production through...
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7-Eleven App Problems Lead To More Free Slurpees
Monday, July 14, 2014 - 3:53pm | 823What could be better than a free, summertime Slurpee? 7-Eleven planned to answer that question with an entire week of freebies, including Big Gulps, M&M's candy, Twinkies and Twix ice cream bars. The lengthy celebration was scheduled to begin on Saturday, July 12 -- one day after the...
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Can Nostalgia be a Tempting Investment?
Saturday, April 20, 2013 - 1:26pm | 712Nostalgia can be a powerful tool for marketers to use to persuade consumers. Hasbro (NYSE: HAS) and Viacom (NYSE: VIA) did a remarkable job of reviving an old brand when it released the first live-action Transformers movie six years ago. Since July 2007, Hasbro's stock has risen more than 36...