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News Breaks
November 3, 2009
09:47 EDTIPSU
theflyonthewall.com: Imperial Sugar updates Port Wentworth refinery rebuild project
Imperial Sugar updated the status of its project to rebuild its Port Wentworth, Georgia refinery, which was extensively damaged in an industrial accident in February 2008. The company reported that all granulated refined sugar packaging lines were now installed and operating. The company also confirmed that brown and powdered sugar lines are expected to complete installation and commissioning in November. Imperial Sugar reported that through October 31, 2009, it had spent approximately $182M of the estimated $210M to $225M construction costs. The company received $19M of advances under the property insurance policy in September and an additional $6M in October, bringing the total advances under the claim to $300M. :theflyonthewall.com



News For IPSU From The Last 14 Days
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February 10, 2012
12:00 EDTIPSU
theflyonthewall.com: Imperial Sugar rises 17.8%

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February 9, 2012
12:00 EDTIPSU
theflyonthewall.com: Imperial Sugar rises 47%

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10:00 EDTIPSU
theflyonthewall.com: Imperial Sugar rises 53.9%

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09:18 EDTIPSU
theflyonthewall.com: Imperial Sugar in late stages of exploring Wholesome Sweeteners sale
Imperial Sugar disclosed in a regulatory filing that it is attempting to enhance operating cash flow by increasing sales prices and improving operating efficiencies, and is reviewing opportunities to improve its liquidity, including potential sales of assets. The company said that it’s in the late stages of exploring with its partner the potential sale of their interests in Wholesome Sweeteners to a third party. Imperial Sugar cautioned that its continuation as a going concern is dependant upon its ability to generate sufficient cash flows from operations or increase its liquidity through asset sales in order to meet its obligations as they become due. :theflyonthewall.com
09:00 EDTIPSU
theflyonthewall.com: Imperial Sugar rises 23.2%

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08:04 EDTIPSU
theflyonthewall.com: Imperial Sugar reports Q1 EPS (29c) vs. consensus (76c)

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