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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.
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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.
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Strong Dollar Weighs On Sara Lees 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 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
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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