For those of you hoping to get your hands on some sweet Twinkies stock in light of recent reports that the owners of Hostess Brands would be putting shares of the company up for sale in an initial public offering, stop drooling. The CEO and co-owner of the company says he and his fellow owner won’t be selling the company they bought just two years ago anytime soon.
It’s no secret that consumer financial data is valuable: it determines if you get better rates on loans and allows lenders to predict the likelihood you’ll pay back debts. While we can’t necessarily put a price tag on that data (yet), we now know that one of the largest companies to collect that information is worth a bundle – 4 billion bundles, in fact. [More]
Using candy as bait is a tried-and-true trick to get people to do things. Like trading a Snickers bar to your little brother so he’ll promise not to tell your parents what time you really came home from that party junior year, candy has a way of persuading people. Heck, Candy Crush Saga doesn’t even reward people players with real candy and yet it’s so popular, the company that makes it is banking on its draw when it goes public. [More]
If you didn’t get in on the Facebook IPO and feel like it’s time you started making waves in the social network investment world, start busting open your piggy banks: Twitter announced last night (on Twitter, where else?) that it has filed confidential paperwork to kick off the process of an initial public offering. [More]