Update 2: Judge OKs Interstate Bakeries&#39; Financing
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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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In Sept. 10 LOS ANGELES story headlined &quot;Interstate Bakeries says banks boost credit,&quot; please read in the headline ... &quot;Interstate Bakeries says banks allow more credit.
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Judge Lewis A. Kaplan of Federal District Court in Manhattan gave final approval to a $50 million partial settlement by Banca Nazionale del Lavoro of Italy and units of the Credit Suisse Group in an investor lawsuit over the collapse of the Italian dairy company Parmalat in 2003. Banca Nazionale and units of Credit Suisse each will pay $25 million and make corporate governance changes. The judge also approved expenses of $6 million for lawyers of the plaintiffs.
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KANSAS CITY, Mo. - Interstate Bakeries Corp., the nation's largest wholesaler baker whose products include Twinkies and Wonder Bread, filed for Chapter 11 bankruptcy protection early Wednesday...
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Interstate Bakeries Corp.  on Wednesday filed for bankruptcy after struggling with more than &#36;1.3 billion in debt and weak demand for bread products, brought on by the popularity of low-carbohydrate diets.
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Federal bankruptcy judge will next consider the sale of all or part of the Indianapolis-based airline. By Ted Evanoff. A federal bankruptcy judge approved the $15.
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Interstate Bakeries Corp. (IBC.N: Quote, Profile, Research) , maker of Wonder bread and Hostess Twinkies, on Monday said it hired a turnaround firm and delayed filing its annual report with the US Securities and Exchange Commission.
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By GARY PERILLOUX  When Ambrosia Bakery moves from Perkins Road to Siegen Lane early next year, the new 8,000-square-foot bakery won't be the only construction project that commanded the Sherman family's attention throughout much of 2006.
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Onge. Interstate Bakeries Corp. has filed for bankruptcy, a casualty of rising costs and reduced demand for carbohydrate-rich breads and pastries, including its Wonder Bread and Hostess Twinkies.
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CHICAGO : Interstate Bakeries Corp., the maker of popular, old-style snacks Twinkies and Hostess Cakes, filed for bankruptcy, citing rising costs and falling sales.
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The Interstate Bakeries Corporation, maker of Wonder bread and Hostess Twinkies, said yesterday that its auditors&#39; report might raise questions about its ability to continue as a going concern.
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Shares of wholesale baker Interstate Bakeries Corp. plummeted about 31 percent in Monday morning trading, after the company reported that it again missed the deadline for filing its 2004 annual report with the Securities and Exchange Commission.
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By Philip Marcello; Journal Staff Writer  This story of statewide business interest previously appeared in a local news section.
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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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A US Bankruptcy Court judge yesterday approved the sale of Boston's oldest jeweler, Shreve, Crump &amp; Low, to Chestnut Hill jeweler David &amp; Co.
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Interstate Bakeries Corp. yesterday filed for Chapter 11 bankruptcy, as the maker of Twinkies, Devil Dogs and America&#39;s most famous white bread crumbled under rising costs and a move toward healthier offerings.
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By Will Higgins, The Indianapolis Star  Dec. 7--With endorsements from neighborhood leaders and little resistance  from political powers, backers of a Near Northside restaurant and bar won  approval from the city Wednesday and now need only a liquor license to open  for business.