NORTHLAND'S FAVORITE HITS » bankruptcy http://kool1017.com Thu, 23 May 2013 08:01:52 +0000 en-US hourly 1 http://wordpress.org/?v=3.4.2 Strike May Cause Twinkies Shortage on Grocery Shelves http://kool1017.com/strike-may-force-twinkies-shortage-on-grocery-shelves/ http://kool1017.com/strike-may-force-twinkies-shortage-on-grocery-shelves/#comments Tue, 13 Nov 2012 18:37:24 +0000 Rayman http://kool1017.com/?p=100052 Twinkies are here today, but for how long?

Hostess, which has made the Twinkie since 1933,  is facing a labor strike at 23 of its 36 baking plants and is considering to “permanently close certain locations due to our inability to resume full-scale production,”

]]> http://kool1017.com/strike-may-force-twinkies-shortage-on-grocery-shelves/feed/ 0 (Photo Hostess.com) Hostess Brands Headed Towards Bankruptcy (Again) http://kool1017.com/hostess-brands-headed-towards-bankruptcy-again/ http://kool1017.com/hostess-brands-headed-towards-bankruptcy-again/#comments Wed, 11 Jan 2012 17:40:54 +0000 Steve Tanko http://kool1017.com/?p=27881 Hostess - the maker of such sweet-treats as Twinkies - is headed towards bankruptcy again.  This time, the forecast for recovery isn't so good.
Hostess Brands, the maker of Twinkies and Wonder Bread, filed today for bankruptcy protection and blamed at least part of its difficulties on outmoded union agreements and work rules

]]> http://kool1017.com/hostess-brands-headed-towards-bankruptcy-again/feed/ 0 Source: roadsidepictures via flickr Bankruptcy Looms For Kodak http://kool1017.com/bankruptcy-looms-for-kodak/ http://kool1017.com/bankruptcy-looms-for-kodak/#comments Wed, 04 Jan 2012 22:04:09 +0000 Steve Tanko http://kool1017.com/?p=27270 As we've reported before, Kodak is moving closer to filing bankruptcy.
Eastman Kodak Co. is preparing for a Chapter 11 bankruptcy-protection filing in the coming weeks should efforts to sell a trove of digi

]]> http://kool1017.com/bankruptcy-looms-for-kodak/feed/ 0 Source: roadsidepictures via flickr Restaurant Chain Friendly's Files for Chapter 11 Bankruptcy http://kool1017.com/friendlys-chapter-11-bankruptcy/ http://kool1017.com/friendlys-chapter-11-bankruptcy/#comments Thu, 06 Oct 2011 14:37:59 +0000 Shauna Wright http://tsminteractive.com/?p=51940 Citing the economic downtown and rising food costs, the parent of the Friendly’s restaurant chain filed for Chapter 11 bankruptcy protection on Wednesday and closed 63 underperforming stores.

The 76-year-old franchise, based in Wilbraham, Massachusetts and known for its ice cream and hamburgers, will continue to operate more than 400 restaurants as it restructures.

]]> http://kool1017.com/friendlys-chapter-11-bankruptcy/feed/ 0 lcm1863, Flickr Kodak Preps For Bankruptcy http://kool1017.com/kodak-preps-for-bankruptcy/ http://kool1017.com/kodak-preps-for-bankruptcy/#comments Fri, 30 Sep 2011 20:12:17 +0000 Steve Tanko http://kool1017.com/?p=16187 Historically, changing technology has left many innovative companies in the dark as progress marches on;  It appears that this fate might be waiting for the Kodak film company.
Eastman Kodak (EK) has hired law firm Jones Day for restructuring advice as it faces growing concerns from investors over its turnaround prospects, The Wall Street Journal reported this afternoon

]]> http://kool1017.com/kodak-preps-for-bankruptcy/feed/ 0 Source: sfb579 via flickr