Flowers Foods in talks to buy parts of Hostess' bread brands, WSJ reports Flowers Foods (FLO) and Grupo Bimbo are in talks to buy pieces of Hostess’ bread business, the Wall Street Journal reports. The entire bread operation could fetch over $350M in a sale. Reference Link
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.