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Will Anyone Save the Twinkie?
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FBN’s Nicole Petallides with an afternoon market update after the closing bell.
- Duration 1:16
- Date Nov 19, 2012
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FBN’s Nicole Petallides with an afternoon market update after the closing bell.
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Just days after hostess brands said it was closing its stores.
Shares of one competitor.
Getting a boost let's head back to Nicole Petallides on the floor of the New York Stock Exchange for that one Nicole.
This story is so interesting listen Dave obviously the first story is that -- -- -- covering so closely about.
Hostess and twinkies in 82 year old company which may be forced to liquidate because of all that's the problem that they packed with the unions and actually -- -- -- Right which does make it profitable to even continue to operate so we know now that they are now gonna go into private mediation in the mean time okay.
One man's problems can be another man -- great timing right so you're looking at a company here it is right now Flowers Foods.
Has done so well they said they amended and extended.
Their loan facility 500 million dollar loan facility you know what it does gives them financial flexibility.
In case this company wants to step -- now.
This name Flowers Foods doesn't sound familiar and media note tasty cakes or nature's own.
So they could possibly be a potential -- so this story is injured -- right.
Well you know somebody's gonna -- twenty it's just too iconic.
Martin is not just weeping willow and that's it -- -- Ali and the data dogs don't know Obama it's.
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