Interstate Bakeries falls on auditor report warning
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Interstate Bakeries Corp. , maker of Wonder bread and Hostess Twinkies, said yesterday its auditors' report may raise questions about its ability to continue as a going concern, sending its shares tumbling more than 42 percent. The company said in a statement that its annual report would again be delayed because of uncertainty over whether it will ...
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Cheesecake Factory Inc.  on Friday filed with U.S. securities regulators to correct errors it found in previous financial statements.
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Interstate Bakeries Corp., the parent company of the Wonder/Hostess Bakery in Davenport, filed for Chapter 11 bankruptcy early Wednesday.
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NEW YORK  - Interstate Bakeries Corp.  on Wednesday filed for bankruptcy after struggling with more than $1.3 billion in debt and weak demand for bread products, brought on by the popularity of low-carbohydrate diets.
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The doughnut chain reported sharply lower quarterly  earnings on Thursday that missed Wall Street's expectations as  it tries to overhaul operations after being battered by popular  low-carbohydrate diets. Its shares closed at $15.36 on the New  York Stock Exchange.
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23/09/2004 - The largest wholesale bakery in the United States, Interstate Bakeries, has filed for bankruptcy amid a tide of mounting debts, rising costs and falling sales, but the companyâs new fix-it specialists have vowed that the show will go on.
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The New York Stock Exchange has suspended trading in the common stock of Interstate Bakeries Corp. (IBC.N: Quote, Profile, Research) due to bankruptcy filing by the maker of Twinkies
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The bakery chain just doesn't have enough bread.
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At the request of Interstate Bakeries Corp., US Bankruptcy Judge Jerry Venters ordered the company to keep making Twinkies, Ding Dongs, Ho Hos and the rest of its product line and approved temporary loans to finance the company.
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Bankrupt Interstate Bakeries Corp. (IBC.N: Quote, Profile, Research) , maker of Hostess Twinkies and Wonder Bread, received court approval on Thursday to incur new debt
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Interstate Bakeries Corp., parent company of the Wonder Bread plant in downtown Columbus, on Wednesday filed for Chapter 11 bankruptcy protection.
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Interstate Bakeries Corp. filed for Chapter 11 bankruptcy protection Wednesday blaming, in part, the low-carbohydrate diet phenomenon, along with rising wage and benefit costs and the
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Interstate Bakeries Corp. IBC.N,  maker of Wonder bread and Hostess Twinkies, on Monday said it  hired a turnaround firm, delayed filing its annual report and  outlined possible credit concerns, sending its shares tumbling  more than 25 percent.
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Services firms are worried that they are vulnerable to a weakening economy, a CBI report warns.
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A few weeks back, I had a pretty dim view of Twinkie and Wonder Bread maker, Interstate Bakeries (NYSE: IBC). I even suggested -- shudder -- that the firm might
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A federal bankruptcy judge approved a $50 million loan to Interstate Bakeries Corp. on Thursday so the maker of Wonder Bread and Hostess Twinkies can continue operating for another month.
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Interstate Bakeries Corp. IBC.N,  maker of Hostess Twinkies and Wonder Bread, filed for  bankruptcy on Wednesday after struggling with more than $1.3  billion in debt, high costs and weak demand for bread products  amid the popularity of low-carbohydrate diets.