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Sara Lee			
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Sara Lee posts slight profit
YAHOO
Reuters - Sara Lee Corp. on Tuesday posted a quarterly profit before one-time items that beat analysts estimates, but warned that it would not meet long-term sales and margin goals as soon it had promised.
Sara Lee			
 News
Sara Lee to sell European meat unit to Smithfield
YAHOO
Reuters - Sara Lee Corp. on Tuesday said it has entered into an agreement to sell its European meats business to Smithfield Foods Inc. for $575 million in cash and the assumption of $39 million in pension and other liabilities.
Sara Lee			
 News
Sara Lee’s Apparel Unit To Become Hanesbrands Inc.
AHN
Sara Lee reported Wednesday that it is in process of separating its apparel unit into a new company between June and September. The new entity named Hanesbrands Inc. and will be a publicly listed company. Sara Lee also mentioned that...
Sara Lee			
 News
Sara Lee to spin off apparel unit over summer
YAHOO
Reuters - Sara Lee Corp. on Wednesday said it was on track to spin off its Americas and Asia branded apparel unit to stockholders between June and September, creating an independent, publicly listed company called Hanesbrands Inc.
Strong Dollar Weighs On Sara Lee’s Results
AHN
Sara Lee reported a fall in sales by 1 percent to $3.84 billion due to by the stronger dollar and divestitures while profit was down to $42 million in the last quarter from $189 million in corresponding period last year. The company cited...
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Sara Lee			
 News Sara Lee profit falls, misses view
YAHOO
Reuters - Sara Lee Corp. , the maker of deli meat, baked goods and household products, on Tuesday posted lower quarterly profit, as it continued to dramatically pare down company assets.
Sources: YAHOO
Sara Lee			
 News Food Scientists Play Key Role in Industry
YAHOO
AP - Spencer Wise looks like any other baker when he moves handfuls of dough from a beat-up mixing bowl to a well-used baking pan. But his white lab coat and the title on his business card — "Chemist 1" — don't exactly evoke images of the neighborhood bakery.
Sources: YAHOO
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