UPDATE 1-Interstate Bakeries files for bankruptcy
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Interstate Bakeries Corp. (IBC.N: Quote, Profile, Research) filed for bankruptcy on Wednesday after struggling with more than $1.3 billion in debt and weak demand for bread products
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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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The San Francisco-based retailer filed for Chapter 11 bankruptcy protection, saying declining sales and three straight years of losses led to a shortage of liquidity.
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Bankrupt chemical company WR Grace &amp; Co. (GRA.N: Quote, Profile, Research) said on Saturday that it has filed a reorganization plan in US bankruptcy court without having reached
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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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Interstate Bakeries Corp. IBC.N 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 company listed assets and debts of more than $100 million each in its bankruptcy petition, which was filed Friday in Delaware.
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Sales and earnings continue to move in the wrong direction at Bakers.
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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.
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CHICAGO (CBS.MW) - Investors didn&#39;t wait to find out how bad the news from Interstate Bakeries is as shares of the maker of Wonder Bread crumbled more than 40 percent after it delayed filing its annual report - again.
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LONDON (CBS.MW) -- Wonder Bread maker Interstate Bakeries (IBC) filed for Chapter 11 bankruptcy reorganization in the US Bankruptcy Court in Kansas City, the Kansas City Star said Wednesday.
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Oilfield services company Halliburton  Co. HAL.N on Monday said its subsidiaries Kellogg Brown &  Root and DII Industries have emerged from the year-long  bankruptcy proceedings it instigated to facilitate a $4.2  billion asbestos settlement.
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Citing losses that could exceed 80 percent in one of its hedge funds, the Australian firm Basis Capital Fund Management filed for bankruptcy protection on Wednesday.
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Interstate Bakeries Corp. (IBC.N), maker of Wonder bread and Hostess Twinkies, on Monday said it hired a turnaround firm and delayed filing its annual report with the U.S. Securities and Exchange Commission.
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Twinkie maker Interstate Bakeries (IBC:NYSE - news - research) on Monday delayed filing its annual report for the second time, citing problems with its books that the company said could end up pushing it toward bankruptcy.
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YUKOS oil company announced December 15 it has filed for bankruptcy protection today. Please see the company&#39;s statement below.
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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.