Twinkies left on shelf after poor results
The cake manufacturer has delayed filing its annual results, leaving investors worried
Urban lore has long associated Twinkies with having an unusually long shelf life. But analysts are starting to wonder exactly how much longer they can last.
Kansas City-based Interstate Bakeries Corporation, the maker of the cream-filled sponge cake and other sweet goods such as Hostess and Wonder, has delayed the filing of its annual report for a second time and hired turnaround firm Alvarez & Marsal to pursue an effective business strategy. The announcement raises new concerns about the
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