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Express Announces New $100 Million Repurchase Program
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- Author: FinancialNewsOnline
Tags: EXPR Express share repurchase business finance trading stock market analysis news
Just after its earnings release this week, Express (NASDAQ:EXPR) announced a new $100 million share repurchase program to use the firm's available cash over the next 18 months. Michael Weiss, Chairman, President and Chief Executive Officer stated: "Our Board believes that at the current price our...
Flowers Foods Reports Mixed Results, Cuts Guidance
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Tags: FLO Flowers Foods earnings EPS revenue business finance trading stock market analysis news
Flowers Foods (NYSE:FLO) reported Q1 EPS of $0.28, inline with estimates. Revenues in the quarter rose 12% year-over-year to $898 million, beating estimates by $9 million. The company said its input costs hurt margins, offset that with SGA and operations expense cuts, it reported Q1 gross margins...
What's In The News: May 24, 2012
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- Author: FinancialNewsOnline
Tags: whats in the news business finance trading stock market analysis news
This is what's in the news for Thursday May 24, 2012. The Wall Street Journal reports European officials are readying contingency plans if Greece leaves the euro zone, as European leaders struggled to overcome differences on how to resolve the currency bloc's crisis. The Wall Street Journal also...
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