Hostess Brands, Inc. (TWNK)

Food giant cites “strong” second quarter performance of brands such as Uncrustables, Meow Mix, Café Bustelo and Jif.

ATCHISON, Kan. , May 20, 2024 /PRNewswire/ -- MGP Ingredients, Inc., (Nasdaq: MGPI), a leading provider of branded and distilled spirits as well as food ingredient solutions, is pleased to announce the hiring of Amit Sharma as its Vice President of Investor Relations.

ORRVILLE, Ohio , Nov. 7, 2023 /PRNewswire/ -- The J. M. Smucker Co. (NYSE: SJM) ("Company") announced today the closing of the transaction to acquire Hostess Brands, Inc. (NASDAQ: TWNK) ("Hostess Brands").

LENEXA, Kan.--(BUSINESS WIRE)--Hostess Brands, Inc. (NASDAQ: TWNK) (the “Company,” “Hostess Brands,” “we,” “us,” and “our”) today reported its financial results for the three and nine months ended September 30, 2023. “I am extremely proud of the entire Hostess Brands team for building a premier snacking company focused on attractive snacking occasions, a portfolio of iconic brands, and outstanding execution to deliver long-term, sustainable profitable growth,” commented Andy Callahan, President.

ORRVILLE, Ohio , Nov. 7, 2023 /PRNewswire/ -- The J. M. Smucker Co. (NYSE: SJM) ("Company") announced today that it has extended its previously announced offer (the "Offer") to exchange for each outstanding share of Class A common stock of Hostess Brands, Inc. (NASDAQ: TWNK) ("Hostess Brands") ("Hostess Brands Shares"), par value $0.0001, $30.00 in cash and 0.03002 of Company common shares, no par value, with cash in lieu of any fractional Company common shares, without interest thereon and subject to any required withholding, pursuant to the terms of that certain Agreement and Plan of Merger, dated as of September 10, 2023, by and among the Company, Hostess Brands, and SSF Holdings, Inc., a Delaware corporation and wholly owned subsidiary of the Company (as may be amended or supplemented from time to time, the "Merger Agreement").

In rough markets it's important to keep and eye out for overbought stocks. Finding the right timing to buy and sell stocks will always be a sought-after skill by any investor searching for that holy grail.

It may be time to eat, drink and buy the dip in food and beverage stocks. Shares of Coca-Cola (NYSE: KO ), Pepsi (NASDAQ: PEP ) and several other sugary drink and snack companies have been pummeled lately due to concerns that the rising popularity of injectable weight loss drugs like Novo Nordisk's (NYSE: NVO ) Ozempic and Wegovy and Eli Lilly's (NYSE: LLY ) Mounjaro is leading to a reduced appetite for guilty culinary pleasures.

Bernstein analysts set out to determine that, analyzing online data to better understand changes in eating habits — and to evaluate which food companies may be most affected. They published the results in a report Friday.

NEW YORK , Oct. 12, 2023 /PRNewswire/ -- Halper Sadeh LLC, an investor rights law firm, is investigating the following companies for potential violations of the federal securities laws and/or breaches of fiduciary duties to shareholders relating to: Pioneer Natural Resources Company (NYSE: PXD)'s  sale to Exxon Mobil Corporation for 2.3234 shares of Exxon Mobil for each Pioneer share. If you are a Pioneer shareholder, click here to learn more about your rights and options.

NEW ORLEANS--(BUSINESS WIRE)--Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC (“KSF”) are investigating the proposed sale of Hostess Brands, Inc. (NasdaqCM: TWNK) to The J. M. Smucker Co. (NYSE: SJM). Under the terms of the proposed transaction, shareholders of Hostess will receive $30.00 in cash and 0.03002 shares of J.M. Smucker for each share of Hostess that they own. KSF is seeking to determine whether this consideration and the.

J.M. Smucker Co. is tapping the investment-grade corporate bond market on Wednesday with a deal to finance its acquisition of Twinkies and HoHos maker Hostess Brands Inc.

On Sept. 11, J.M. Smucker (NYSE: SJM ) announced that it would acquire Hostess Brands (NASDAQ: TWNK ), the maker of snack food favorites such as Twinkies and HoHos, for $5.6 billion in cash and stock.

Last week, J.M. Smucker shares fell more than 10% after the company agreed to acquire the maker of Twinkies and other sweet treats for $5.6 billion, or $34.25 per share.

NEW ORLEANS--(BUSINESS WIRE)--Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC (“KSF”) are investigating the proposed sale of Hostess Brands, Inc. (NasdaqCM: TWNK) to The J. M. Smucker Co. (NYSE: SJM). Under the terms of the proposed transaction, shareholders of Hostess will receive $30.00 in cash and 0.03002 shares of J.M. Smucker for each share of Hostess that they own. KSF is seeking to determine whether this consideration and the.

Hostess Brands Inc. ( TWNK , Financial) shares soared following the announcement of its acquisition by J.M. Smucker Co. ( SJM , Financial) on Sept.

Two leading snack brands are joining forces. J.M. Smucker is buying Hostess in a transaction valued at $5.6 billion.