[foxl]

ARE we eating that much junk food, when the makers of Twinkies is RE-FILING bankruptcy protection???

Report: Hostess Brands Preps For Bankruptcy - Project Economy News Story - KMBC Kansas City

 

[skb]

Though there could be many reasons a company can go kaput, it does say in the report that the reason for this filing is low sales.

 

[Guest]

Coke+Nestle JV on so called calorie burner iced tea project in India got dumped for low sales:

Coca-Cola, Nestle dump India iced tea JV

 

[Nachman]

The way I understand it, Hostess filed chapter 11 to dump its pensions. It is a trick the business world learned from the airlines. Chapter 11 is also a good way to get rid of bad leases.

 

[foxl]

EEEEVIL. Speaking as someone vested but not yet retired.