Sign in to comment!

Menu
Home

Economy

Timeline: The history of Hostess Brands

1925: Hostess brand is founded when Continental Baking Co. buys Taggart bakery, which makes Wonder Bread

1930: Interstate Baking Co., which later buys Continental Baking Co., is founded in Kansas City, Mo.

1930: Twinkies sponge cakes are invented by James Dewar as a way to make an inexpensive product during the Depression

1947: Hostess introduces Sno Balls cakes.

1960s & 1970s: Interstate expands by acquiring other competitors including Supreme Baking Co., Kingston Cake Bakery, Schall Tasty Baking Co. and several others

1967: Hostess introduces Ding Dongs and Ho Hos snack cakes.

1979: The "Twinkie defense" — the name for an unlikely legal defense — is coined when Dan White goes on trial for the murders of San Francisco city supervisor Harvey Milk. His defense is that consumption of Twinkies and other sugary snacks was a symptom of depression that led to the murder.

1995: Interstate Bakeries Corp., formerly called Interstate Baking Co., acquires Continental Baking company for $330 million

2004: Interstate Bakeries files for Chapter 11 bankruptcy protection

2008: Twinkies are repackaged into a 100-calorie "Twinkie Bites" snack pack in a bid to appear more health conscious

2009: Interstate Bakeries emerges from bankruptcy protection and changes its name to Hostess Brands

2010: Lady Gaga features Wonder Bread in her "Telephone" video.

Bank Rates

Loan Type Graph Rate +/- Last Week
30 Y Fixed Graph 3.80% up 3.78%  
15 Y Fixed Graph 3.04% up 3.00%  
30 Y Fixed Jumbo Graph 4.11% up 4.05%  
5/1 ARM Graph 3.14% dw 3.16%  
5/1 Jumbo ARM Graph 3.19% dw 3.31%  
Loan Type Graph Rate +/- Last Week
$30K HELOC Graph 4.60% -- 4.60%  
$50K HELOC Graph 4.09% dw 4.10%  
$30K Loan Graph 4.91% -- 4.91%  
$50K Loan Graph 4.34% -- 4.34%  
$75K Loan Graph 4.35% -- 4.35%  
Loan Type Graph Rate +/- Last Week
36 M New Graph 2.73% dw 2.74%  
36 M Used Graph 3.21% dw 3.22%  
48 M New Graph 2.97% -- 2.97%  
48 M Used Graph 2.76% up 2.74%  
60 M New Graph 3.11% -- 3.11%  
Loan Type Graph Yield +/- Last Week
6 month Graph 0.38% -- 0.38%  
1 yr Graph 0.70% -- 0.71%  
5 yr Graph 1.48% -- 1.48%