Flint's Best Mix » Bankruptcy

Hostess Out Of Business! 18,500 Workers Without Jobs, Production Halted As Of Today

Steph — Fri, 16 Nov 2012 15:26:46 +0000

It’s an iconic brand name and a staple in every school kid’s lunch box, but stock up now because production has been called to a halt as of today! Hostess Brands, the makers of Twinkies, Sno Balls, Donettes, Suzy Qs, Ho-Hos, Cup Cakes, Ding-Dongs and Wonder Bread have been engaged in an ongoing labor dispute [...]

Say Goodbye To The Twinkie! Hostess May Close By The End Of Today

Rod Prahin — Thu, 15 Nov 2012 11:11:37 +0000

We could be getting near the end of the road for a few of our old time favorite American snack cakes.Hostess Brands Inc. said it will ask a U.S. bankruptcy judge for permission to liquidate if enough striking workers do not return to work by the end of Thursday to let the maker of Twinkies [...]

Kodak Files For Bankruptcy

Stu Allen — Fri, 20 Jan 2012 23:02:06 +0000

Another iconic American brand is navigating troubled financial waters as Kodak has filed Chapter 11 bankruptcy. Despite $4 billion in annual sales, Kodak is struggling with legacy costs and low-cost digital competition. For many decades Kodak was THE name for film and photographic paper. Chances are good that you have some old snapshots in an album at home on Kodak paper.

Twinkies Won't Last Forever; Hostess Filing Chapter 11

Stu Allen — Tue, 10 Jan 2012 00:28:22 +0000

According to the Wall Street Journal, the company that makes Twinkies and Wonder Bread is preparing to file for Chapter 11 bankruptcy protection as early as this week. This would be the second time that Hostess Brands, Inc. has filed for bankruptcy in less than a decade.