Twinkie Maker Files For Bankruptcy
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Sept. 22 - American avoidance of most things carb has hit the country&#39;s largest wholesale baker - the company that makes Wonder Bread and Twinkies.
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Diet trend, high debt level cited. Interstate Bakeries had shown signs of financial trouble for months. Twinkies await sale on a shelf in a Wonder Bread outlet store in Lawrence, Kan.
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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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Interstate Bakeries Corp., the parent company of the Wonder/Hostess Bakery in Davenport, filed for Chapter 11 bankruptcy early Wednesday.
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Troubled retailers Sharper Image Corp. and Lillian Vernon Corp. have filed for bankruptcy, pointing to the effects of a weak holiday season and a struggling economy.
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NEW YORK, September 22  - Interstate Bakeries Corporation (IBC.NYS), the maker of Wonder Bread and Hostess Twinkies, has reportedly filed for Chapter 11 bankruptcy protection.
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The Cayman Islands-registered hedge fund filed for bankruptcy protection today in New York amid mounting losses from subprime mortgage assets, court papers show.
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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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The parent company of the downtown Wonder Bread bakery filed for chapter 11 bankruptcy protection Wednesday in an attempt to restructure its struggling operations.
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Struggling Tweeter Home Entertainment Group Inc. , hit by declining profits from projection and flat-panel television sales and competition from large-scale retailers, filed for Chapter 11 bankruptcy protection yesterday.
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Franks Nursery &amp; Crafts Inc. has filed for Chapter 11 bankruptcy protection and plans to begin closing stores soon as it initiates going-out-of-business sales.
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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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Acclaim, one of the oldest video game manufacturers, files for bankruptcy.
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MOSCOW  - In an eleventh-hour move, the Yukos oil company has filed for bankruptcy in a United States Court and is demanding the cancellation of this weekend's auction of its main production unit.
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When the news broke last week that a drab-sounding Kansas City-based company called Interstate Bakeries had filed for bankruptcy protection, it may not have immediately gripped the imagination.
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Huffy Corp. HUFC.PK filed for Chapter  11 bankruptcy protection Wednesday, as the 76-year-old bicycle  and sporting goods company struggles with mounting losses and a  heavy debt load.
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Russia&#39;s Yukos oil company has filed for bankruptcy in a Houston court to halt a Kremlin-driven liquidation of the nation&#39;s biggest crude oil producer.