Investors have been craving a transition from oppressive global macro themes to more localized corporate stories. Perhaps we’ll finally get such a reprieve, as company performance commands more headlines.
The move underscores the growth prospects of Hostess as well as its quick turnaround. In 2013 the Kansas City, Missouri-based company was picked up from bankruptcy by private equity firm Apollo Global Management LLC (APO.N) and consumer industry investor C. Dean Metropoulos for $410 million. Hostess, which launched a process to sell itself earlier this year, snubbed offers in recent weeks from other companies and private equity firms that valued
The American Toyota executive who was arrested in Japan last month on suspicion of drug law violations is expected to be released Wednesday without being prosecuted, according to Japan’s Kyodo News service. …
The U.S. trade deficit widened in May, fueled by a drop in exports that could heighten concerns over weak overseas demand and a strong U.S. dollar. The Commerce Department reported on Tuesday that the trade gap grew $1.2 billion to $41.9 billion.
Greek Prime Minister Alexis Tsipras had a final chance to present credible reform proposals to an emergency euro zone summit on Tuesday to persuade skeptical creditors to reopen aid talks before his country’s banks run out of money. With Greek lenders down to their last few days of cash and the European Central Bank tightening the noose on their funding, Tsipras must convince the bloc’s other 18 leaders, many of
In the deleted scene above, Dr. Dubrow gets to see the post-op result of reconstructing Evelyn’s Botched tummy tuck! “I haven’t had a belly button in 10 years,”…
Cycle House, Kardashians and charity? Count us in! The leading lady of Cycle House and star of E!’s new series Hollywood Cycle premiering tonight at 10/9c, Nichelle Hines,…
Vicki Gunvalson was filming The Real Housewives of Orange County when she learned of her mother’s death. Does she regret having filmed that scene? Not a chance. “It’s part of…
Brody Jenner doesn’t seem too surprised by Kourtney Kardashian and Scott Disick’s recent breakup. In fact, when he appeared on NBC’s Today Tuesday to promote his upcoming E! series,…
Jennifer Aniston had one word on the mind when crafting her latest fragrance, Near Dusk. Sensual! And the Cake actress’ third signature scent is just that: A heady mix of…
