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CG Stocks Summary! Flowers Foods (FLO), VeriFone Systems (PAY)

Shares of Flowers Foods, Inc. (NYSE:FLO) ended Tuesday session in green amid volatile trading. The shares closed up +0.38 points or 2.48% at $15.47 with 1.47 million shares getting traded. Post opening the session at $15.16, the shares hit an intraday low of $15.16 and an intraday high of $15.60 and the price vacillated in this range throughout the day. The company has a market cap of $3.18 billion and the numbers of outstanding shares have been calculated to be 206.87 million shares.

Flowers Foods, Inc. (FLO) produces and markets bakery products in the United States. It operates through two segments, Direct-Store-Delivery (DSD) and Warehouse Delivery. The DSD segment produces and markets fresh bakery foods, including fresh breads, buns, rolls, tortillas, and snack cakes. This segment offers its products under the Nature’s Own, Wonder, Whitewheat, Cobblestone Bread Company, Tastykake, Home Pride, Merita, Dave’s Killer Bread, Country Kitchen, and Roman Meal brand names, as well as markets franchised and licensed brands, such as Sunbeam, Bunny, and Holsum.

Shares of VeriFone Systems Inc (NYSE:PAY) ended Tuesday session in green amid volatile trading. The shares closed up +0.11 points or 0.70% at $15.14 with 1.29 million shares getting traded. Post opening the session at $15.16, the shares hit an intraday low of $15.04 and an intraday high of $15.26 and the price vacillated in this range throughout the day. The company has a market cap of $1.68 billion and the numbers of outstanding shares have been calculated to be 110.97 million shares.

VeriFone Systems Inc (PAY) has brought top mobile technology providers, POS manufacturers and fuel marketers together at Conexxus to establish a new Mobile API standard. Verifone is the first to adopt and deploy this new standard, creating a more consumer-centric mobile commerce environment in gas stations and convenience stores—and at the pump—by allowing tightly coordinated interaction between mobile payment and loyalty applications.

Working with mobile payment early adopters to define a standard interface, Verifone was instrumental in creating an open API that all mobile payment providers and POS manufactures can implement. Verifone and its partners are now deploying open mobile payment solutions across a wide variety of applications including retail branded apps and direct ACH payment at the pump with community banks.

“Verifone has consistently and heavily engaged with Conexxus to accelerate Mobile API standard adoption across our membership,” said Gray Taylor, Executive Director of Conexxus. “This is a great example of how the manufacturing, service provider and retail communities came together within Conexxus to update a critical industry standard.”

 

About Steve Johnson

Steve Johnson was previously writing news on part time basis with many consumer goods websites. Now Steve Johnson is writing columns with us on consumer goods. He has no match the way he presents the news on consumer goods. Customers like his news, analysis and predictions.

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