S&P 500
7,615.40
-0.09%
Dow Jones
51,327.00
-0.09%
Nasdaq 100
30,644.80
-0.23%
Russell 2000
2,928.08
-0.17%
FTSE 100
10,381.30
-0.06%
Nikkei 225
68,144.20
+0.95%

Investing

Imperial Sugar Continues to Struggle (IPSU)

Photo of Paul Ausick
By Paul Ausick Published

Imperial Sugar Co. (NASDAQ: IPSU) won back its NASDAQ listing today after filing its Form 10-K for the company’s fiscal year ending last September. But that was about all the good news the company could muster.

Named as one of our thirteen worst stocks of 2011, Imperial posted an annual EPS loss of -$4.49 and a fourth-quarter loss of -$2.73. The company blamed high raw sugar prices.

Imperial’s CEO also said, “We are exploring opportunities to improve liquidity, including potential further asset sales.” Imperial recently sold its one-third stake in a Louisiana sugar refinery for $18 million.

Imperial’s shares are down nearly -6% today, at $3.32, in a 52-week range of $3.14-$25.68.

Follow 24/7 Wall St. on Google
Photo of Paul Ausick
About the Author Paul Ausick →

Paul Ausick has been writing for 247Wallst.com for more than a decade. He has written extensively on investing in the energy, defense, and technology sectors. In a previous life, he wrote technical documentation and managed a marketing communications group in Silicon Valley.

He has a bachelor's degree in English from the University of Chicago and now lives in Montana, where he fishes for trout in the summer and stays inside during the winter.

Continue Reading

Paul Ausick |

Mid-day Movers (CIE, AMRS, IPSU, MOVE, LNKD)

At about noon, the three major equity indexes have all maintained the losses they started the morning with. The DJIA…

Paul Ausick |

Morning Movers (STLY, IPSU, MWA, DNDN, JKS)

The three major US equities indexes opened higher this morning as the news from Europe virtually guarantees a successful debt…

Jon C. Ogg |

More Pain At Imperial (IPSU)

Imperial Sugar Company (NASDAQ: IPSU) was named as one of the 13 worst big equity stories of 2011 recently.  Things…

Jon C. Ogg |

Imperial Sugar’s Monster Surge … a Doubting Thomas Caveat (IPSU)

Imperial Sugar Co. (NASDAQ: IPSU) is still down and out, and it still has a credibility gap after the stock…

Jon C. Ogg |

The Market’s Biggest Selling Fallout Victims (ALU, BAC, LNG, CRU, DHI, F, GM, FFSL, GERN, STEM, IPSU, IRDM, JWN, S, SIRI, VHC, RMBS)

When you have a credit rating downgrade of the U.S. followed by a 300+ point drop in the DJIA and…

Paul Ausick |

Morning Movers (IPSU, DMND, TLEO, IRBT, TRIP)

The three major US equities indexes opened higher this morning as traders await an agreement on the still-pending Greek debt…

Paul Ausick |

Mid-day Movers (IPSU, DMND, TSL, ARRY, AONE)

At about noon, the three major equity indexes have all turned positive after an up-and-down morning. The DJIA is up…

Paul Ausick |

24/7 Wall St. Closing Bell (GS, APOL, KSS, SNDK, FDX, CMC, IPSU, PSMT, GBX, TXI, ACHC, KKD, RFMD, SABA, HOV)

Markets opened lower today and of the three major indexes, only the S&P 500 was able to break through to…

Paul Ausick |

24/7 Wall St. Closing Bell (AONE, EXPE, RIMM, AMGN, MMM, AAPL, CSCO, AMSC, BG, DNKN, LO, PEP, PM, SIRI, TDC, IPSU, TSL, DMND, GRPN, TLEO, CZR)

The three major US stock indexes opened a bit higher this morning, and after some volatility have managed to get…

Top Gaining Stocks

Hewlett Packard Enterprise
HPE • Vol: 153,197,465
Enphase Energy
ENPH • Vol: 8,360,053
Corning
GLW • Vol: 18,152,646
Alexandria Real Estate Equities
ARE • Vol: 4,337,015
Aptiv
APTV • Vol: 6,761,325

Top Losing Stocks

Trade Desk
TTD • Vol: 21,905,513
Intuit
INTU • Vol: 7,383,018
Coterra Energy
CTRA • Vol: 73,319,495
Cboe Global Markets
CBOE • Vol: 5,000,011
HP
HPQ • Vol: 29,259,826