A Georgia firm is speculated as a possible buyer of Hostess Brands assets like Twinkies, Ding Dongs and Wonder Bread.
But industry analysts say Flowers Foods in Thomasville should be wary of any deal as Hostess liquidates. Flowers already makes Nature's Own and other recognizable bakery brands.
William Chappell is from SunTrust Robinson Humphrey. He told The Atlanta Journal-Constitution that Flowers already has a wide enough market presence to gain from the Hostess bankruptcy, without spending money buying any of its brand names.
Tim Ramey in a D.A. Davidson & Co. analyst. He said the future of Hostess brands is uncertain. Items like Twinkies, he added, hit their peak popularity a long time ago and are now in a death spiral.
Flowers executives have not discussed any plans publicly.
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Saturday, May 18 2013 10:09 PM EDT2013-05-19 02:09:05 GMT
They say you can't win if you don't play, and thousands of people are. The jackpot for Saturday night's Powerball drawing is an estimated $600 million, giving many a bad case of lottery fever.
They say you can't win if you don't play, and thousands of people are. The jackpot for Saturday night's Powerball drawing is an estimated $600 million, giving many a bad case of lottery fever.
Saturday, May 18 2013 4:53 PM EDT2013-05-18 20:53:02 GMT
Security will be tight and traffic will be messy around the Morehouse College campus on Sunday. President Barack Obama will address graduates at the college's commencement ceremony.
Security will be tight and traffic will be messy around the Morehouse College campus on Sunday. President Barack Obama will address graduates at the college's commencement ceremony.
State officials are reminding drivers the national "Click It or Ticket" campaign is set to begin and could translate to fines for drivers and passengers who aren't wearing seatbelts.
State officials are reminding drivers the national "Click It or Ticket" campaign is set to begin and could translate to fines for drivers and passengers who aren't wearing seatbelts.
Friday, May 17 2013 11:59 PM EDT2013-05-18 03:59:14 GMT
Who wants to a millionaire? How about 600 times over?
Who wants to a millionaire? How about 600 times over? The already gigantic Powerball jackpot for this Saturday night's drawing has risen again, hitting $600 million at noon on Friday—which is the highest in the history of the game.
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