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News Breaks
November 19, 2009
18:17 EDTIPSU
theflyonthewall.com: Imperial Sugar announces begining construction of Louisiana sugar refinery
Imperial Sugar Company announced the successful closing of a $100M tax-exempt bond offering to finance the new construction of the largest sugar refinery in the United States, creating about 500 construction jobs and 145 permanent jobs in the New Orleans-Baton Rouge area. The refinery will be built adjacent to Imperial's existing Gramercy facility in the Gulf Opportunity Zone, under a federally-backed and state-run program designed to help the region recover from Hurricanes Katrina and Rita. The refinery is expected to cost $120M. Imperial, SUGAR, and Cargill will each contribute $30M to fund construction of the refinery and for operations. The three will equally own the refinery. :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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