08:30 AM EST, 01/08/2025 (MT Newswires) -- Flowers Foods ( FLO ) said Wednesday it has agreed to acquire Simple Mills for $795 million in cash from Katlin Smith, Simple Mills management, Vestar Capital Partners, and initial angel investors. The company said the acquisition increases its position in the healthy snack market and improves the company's growth and margin prospects....

Yum! Brands, Inc. ( YUM ) shares remained relatively flat in premarket trading on Wednesday following the company’s announcement that it has terminated its franchise agreements with IS Gida A.S., the franchisee responsible for operating KFC ( YUM ) and Pizza Hut restaurants in Turkey. IS Gida, a subsidiary of IS Holding A.S., failed to meet Yum! Brands’ operational standards,...

08:35 AM EST, 01/08/2025 (MT Newswires) -- K92 Mining ( KNTNF ) , which operates the Kainantu mine in Papua New Guinea, on Wednesday said fourth-quarter production rose to a quarterly record as the miner topped its full-year guidance. The company produced 53,401 gold-equivalent ounces (GEO) in the quarter, up 37% from the year-prior period and 21% higher than the...

08:28 AM EST, 01/08/2025 (MT Newswires) -- UniFirst ( UNF ) reported fiscal Q1 earnings Wednesday of $2.31 per diluted share, up from $2.26 a year earlier. Three analysts polled by FactSet expected $2.09. Revenue for the fiscal quarter ended Nov. 30 was $604.9 million, up from $593.5 million a year earlier. Three analysts surveyed by FactSet expected $606.6 million....