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Twinkies?
Re: Twinkies?
by Kermit » Fri Nov 16, 2012 10:26 am
So it is done. The First lady will be happy.
America must have the highest "goofs per capita" rating of any nation outside Antarctica.
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Kermit - Posts: 5198
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Re: Twinkies?
by Igeteven » Fri Nov 16, 2012 10:50 am
Kermit wrote:So it is done. The First lady will be happy.
bad news, someone will buy the company, however, their employee's will feel the pain of un employment.
Companies can give so much,
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Igeteven - Posts: 8481
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Re: Twinkies?
by MaryS » Fri Nov 16, 2012 12:52 pm
I hate it when I don't forward chain letter and I die the next day!
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MaryS - Posts: 4384
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Re: Twinkies?
by Igeteven » Fri Nov 16, 2012 10:04 pm
We are writing about Twinkies, who cares, what about the Cup Cakes, I will miss them.
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Igeteven - Posts: 8481
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Re: Twinkies?
by Handsomepolack » Fri Nov 16, 2012 10:45 pm
It was the Hostess company plan all along, workers defined pensions will now be picked up by the FEDS at a reduced rate, the workers will be lucky to get 60% at retirement age, sadly these type of manufacturing job's which used to pay $ 20- 30 per hour are one by one closing in the same fashion.
UNILEVER a Global conglomerate company which i am and have been a investor of for the past 20 years and have done reasonably well in dividends and growth, i noticed one of their plants in Canada that was sold, and short time later shut their doors, costing jobs, pensions, lives shattered for the families , in short , we are losing good paying jobs and getting replaced by low paying ones
here is a story i followed on one of Unilever plants....http://www.thestar.com/news/gta/article ... bankruptcy
UNILEVER a Global conglomerate company which i am and have been a investor of for the past 20 years and have done reasonably well in dividends and growth, i noticed one of their plants in Canada that was sold, and short time later shut their doors, costing jobs, pensions, lives shattered for the families , in short , we are losing good paying jobs and getting replaced by low paying ones
here is a story i followed on one of Unilever plants....http://www.thestar.com/news/gta/article ... bankruptcy-
Handsomepolack - Posts: 415
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Re: Twinkies?
by Igeteven » Sat Nov 17, 2012 6:29 am
2 billion in sales
900 million in assets
1 billion in debt.
Not good.
Someone tap the till.
900 million in assets
1 billion in debt.
Not good.
Someone tap the till.
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Igeteven - Posts: 8481
- Joined: Wed Apr 07, 2010 4:17 pm
Re: Twinkies?
by Handsomepolack » Sat Nov 17, 2012 8:51 am
i need a link to see the balance sheet, but i do think it's like the big 3 in Detroit, wages and benefits just not sustainable going forward at their current demands, i'm not willing to pay BMW prices for a Ford.
I think Twinkies have to made in
China and shipped.
I think Twinkies have to made in
China and shipped.-
Handsomepolack - Posts: 415
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Re: Twinkies?
by Vince P » Sat Nov 17, 2012 8:53 am
Curragh wrote:I'm heading out to the store to stock up on those orange cupcakes. This is a sad day!
Bingo re the orange cupcakes. They're a close first to those white powdered little ones. I once ate 17 of them in one sitting.
Vince P
Women and cats will do as they please, and men and dogs should relax and get used to the idea.
Avatar: My cuzin Isaac Murphy - a jock I'm tying to emulate in character and winning percentage - almost 47% lifetime.
Avatar: My cuzin Isaac Murphy - a jock I'm tying to emulate in character and winning percentage - almost 47% lifetime.
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Vince P - Posts: 4726
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Re: Twinkies?
by Joel » Sat Nov 17, 2012 10:34 am
Can we please get some love for the fruit pies?
The Peach and Berry ones are da bomb!
The Peach and Berry ones are da bomb!
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Joel - Posts: 3327
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Re: Twinkies?
by Igeteven » Sat Nov 17, 2012 11:28 am
Joel wrote:Can we please get some love for the fruit pies?
The Peach and Berry ones are da bomb!
No I will take Cherry
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Igeteven - Posts: 8481
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