Stocks and Finance

Sara Lee

Sara Lee 5/15/2012

17:12 : Paulson Picks Up Sara Lee And Caesars, Flushes Whirlpool, Keeps Gold Stake - There were a number of additions and deletions in the quarterly holdings disclosure from John Paulson's Paulson & Co Tuesday, but one bet that held steady was the firm?s position in the exchange-traded fund tracking physical gold.
Source : forbes-com

Sara Lee 5/3/2012

06:58 : Sara Lee profit falls 66% - NEW YORK (MarketWatch) -- Sara Lee Corp. said Thursday its third-quarter profit fell 66% to $66 million, or 20 cents a share, from $194 million, or 20 cents a share, in the year-ago period. Adjusted profit totaled 20 cents a share in the ...
Source : marketwatch-com

Sara Lee 4/10/2012

08:17 : Sara Lee buying Brazil coffee firm, price undiscl. - NEW YORK (MarketWatch) -- Sara Lee Corp. said Tuesday it'll pay an undisclosed price to buy Express.Coffee of Brazil. "This acquisition substantially expands the branding and consumer connection platform for our Pilao brand," ...
Source : marketwatch-com

Sara Lee 3/8/2012

12:40 : Bankers pitch Sara Lee meat business to Smithfield - (Reuters) - Wall Street bankers are trying to drum up interest in Sara Lee Corp's North American meat business, according to Smithfield Foods Inc , a potential suitor.
Source : reuters-com

Sara Lee 3/2/2012

10:18 : Sara Lee up as planned spin off takes more shape - SAN FRANCISCO (MarketWatch) -- Sara Lee shares gained 5% to $21.35 early Friday after the U.S. food maker took the next step in completing the planned spin off of its coffee and tea business by the end of June. Sara Lee ...
Source : marketwatch-com
08:29 : Sara Lee paying $3 dividend in coffee spin-off - NEW YORK (MarketWatch) -- Sara Lee Corp. said it will pay a special dividend of $3 a share as part of a plan to spin off its Coffee & Tea unit through a stock listing in Amsterdam late this year. Sara Lee will spin off shares ...
Source : marketwatch-com
07:26 : Sara Lee spinoff to distribute $4.6B in stock - DOWNERS GROVE, Ill. (AP) -- Sara Lee Corp. says that its shareholders will get stock valued at up to $4.55 billion when it spins off its international coffee and tea business later this year....
Source : usnews-com

Sara Lee 2/2/2012

11:40 : Execs at Sara Lee ([[SLE]] +3.5%) warn on the firm's earnings CC (webcast) - Execs at Sara Lee (SLE +3.5%) warn on the firm's earnings CC (webcast) that coffee production in Thailand has almost ground to a halt due to flooding. Shares have given up a bit of ground over the course of the call, even ...
Source : seekingalpha-com

Sara Lee 1/26/2012

04:30 : Sara Lee to buy coffee system rights from Philips - (Reuters) - Sara Lee Corp said it had agreed to buy full rights of Senseo coffee systems from Philips Electronics NV for 170 million euros ($220.5 million), its latest move intended to bolster its...
Source : reuters-com
03:36 : Sara Lee (SLE) buys the full rights to Senseo coffee systems from Philips - Sara Lee (SLE) buys the full rights to Senseo coffee systems from Philips Electronics (PHG) for €170M ($220.5M) ahead of Sara Lee's split into two companies, one of which will be an overseas coffee and tea business. (PR) (Sara Lee's previous ...
Source : seekingalpha-com

Sara Lee 1/6/2012

10:30 : Sara Lee ([[SLE]] +0.2%) names Campbell Soup ([[CPB]] -0.5%) executive ... - Sara Lee (SLE +0.2%) names Campbell Soup (CPB -0.5%) executive Sean Connolly to run its North American retail and food service business, in advance of taking over as head of the North American meats business once the ...
Source : seekingalpha-com
09:38 : Sara Lee taps Campbell Soup exec for key role - DOWNERS GROVE, Ill. (AP) -- Sara Lee Corp. is naming a Campbell Soup Co. executive to head up its North American retail and food service business, which is being split from the food maker's international coffee and ...
Source : usnews-com
09:13 : Sara Lee hires Campbell exec for MeatCo launch - NEW YORK (MarketWatch) -- Sara Lee Corp. on Friday named Sean Connolly as chief executive officer of its North American Retail and Foodservice unit, which will be renamed MeatCo as a pure-play, publicly traded food company. Connolly will ...
Source : marketwatch-com

Sara Lee 12/12/2011

09:04 : Sara Lee buys Dutch chain CoffeeCompany - TEL AVIV (MarketWatch) -- Sara Lee Corp., the Downers Grove, Ill., food-and-beverage firm, agreed to acquire CoffeeCompany, the Amsterdam chain of 35 coffee bars. Terms weren't disclosed. In a Monday statement, Sara Lee's executive chairman, ...
Source : marketwatch-com

Sara Lee 12/8/2011

12:46 : Sara Lee relocating headquarters to Chicago - DOWNERS GROVE, Ill. (AP) -- Sara Lee Corp. is moving its headquarters to downtown Chicago from Downers Grove, Ill., in 2013 after it completes its split into two units....
Source : usnews-com

Sara Lee 11/3/2011

11:33 : Sara Lee Posts Loss Despite Rise in Sales - Sara Lee reported a quarterly loss amid charges, while revenue rose despite a decline for the food company's North American retail business. The company said it plans a special dividend of $3 a share.
Source : wsj-com
07:16 : Sara Lee swings to loss; adjusted operating net up - TEL AVIV (MarketWatch) -- Sara Lee Corp., the Downers Grove, Ill., food-and-beverage producer, swung to a fiscal first-quarter net loss from a year-earlier profit on 13% higher revenue. For the quarter ended Oct. 1, the loss was $215 million, ...
Source : marketwatch-com

Sara Lee 10/24/2011

07:34 : J.M. Smucker paying $400M for Sara Lee unit - NEW YORK (MarketWatch) -- J.M. Smucker Co. said Monday it would pay $400 million for a majority stake in Sara Lee Corp.'s North American Foodservice Coffee operations. The deal calls for $350 million at time of closing, with an additional ...
Source : marketwatch-com

Sara Lee 10/21/2011

14:20 : Grupo Bimbo must divest certain Sara Lee assets - SAN FRANCISCO (MarketWatch) -- Grupo Bimbo SAB de CV must divest certain parts of Sara Lee Corp.'s North American bakery businesses in order for the sale to go through, according to the companies and the Justice Department Friday. As a ...
Source : marketwatch-com

Sara Lee 10/5/2011

09:36 : Sara Lee sees delayed bakery deal closing in weeks - (Reuters) - Sara Lee Corp said on Wednesday that it is still finalizing discussions with the U.S. Department of Justice about the sale of its North American fresh bakery business to Mexico's Grupo...
Source : reuters-com

Sara Lee 9/19/2011

14:15 : Sara Lee CEO earned nearly $5.7M in FY11 - PORTLAND, Ore. (AP) -- Sara Lee Corp.'s CEO, Marcel Smits, received a pay package valued at nearly $5.7 million in his first year as head of the food and beverage company, according to a recent regulatory filing....
Source : usnews-com

Sara Lee 9/12/2011

08:35 : Sara Lee North America CEO Fraleigh resigns - NEW YORK (MarketWatch) -- Sara Lee Corp. announced Monday that C.J. Fraleigh, CEO of its North American operations, has resigned to pursue other opportunities. The food and beverage company said it has commenced a search for a successor ...
Source : marketwatch-com

Sara Lee 8/15/2011

23:11 : Legal beef: Sara Lee, Kraft bring 'wiener wars' to court - (By Michael Tarm, Associated Press) The nation's two largest hot dog makers took their legal beefs on Monday to federal court, where a judge will determine whether Oscar Mayer or Ball Park franks broke false-advertising laws in their efforts to become ...
05:27 : Legal beef: Sara Lee, Kraft escalate wiener war - (By MICHAEL TARM, Associated Press) The nation's two largest hot dog makers are taking their legal beefs Monday to federal court in Chicago, where a judge will determine whether Oscar Mayer or Ball Park franks broke false-advertising laws in their efforts ...

Sara Lee 8/11/2011

09:21 : Sara Lee shares drop on outlook - SAN FRANCISCO (MarketWatch) -- Sara Lee shares fell 4% to $16.60 early Thursday after it reported the amount of food it sold dropped sharply on higher prices during its fiscal fourth quarter. Sara Lee also projected a fiscal ...
Source : marketwatch-com
07:10 : Sara Lee meets estimates, earns 20 cents a share - NEW YORK (MarketWatch) -- Sara Lee Corp. on Thursday reported fourth-quarter earnings of $111 million, or 19 cents a share, compared to $187 million, or 28 cents a share, in the year-ago period. Revenue was $2.30 billion, 9% higher than ...
Source : marketwatch-com

Sara Lee 8/9/2011

14:32 : Makers of Post Cereals Ties $545 million Deal with Sara Lee - Makers of Post Food cereals, Ralcorp Holdings has forged a $545 million deal with Sara Lee for its North American refrigerated dough business that includes private label toaster pastries, specialty biscuits, crescent rolls, pizza and pie ...
Source : ibtimes-com
09:39 : Sara Lee selling unit to Ralcorp for $545 million - NEW YORK (AP) -- Sara Lee will sell its North American refrigerated dough business to Ralcorp for $545 million, the company said Tuesday, as it moves closer to splitting itself into two separate entities....
Source : usnews-com
07:05 : Ralcorp to buy Sara Lee unit for $545 mln - NEW YORK (MarketWatch) -- Ralcorp Holdings Inc. said Tuesday it would pay $545 million to buy Sara Lee Corp.'s North American refrigerated dough unit. The deal is expected to close in the next 60 to 90 days. Ralcorp said the deal will ...
Source : marketwatch-com

Sara Lee 6/3/2011

14:35 : With new high-tech plant, Sara Lee plots growth - KANSAS CITY, Kansas (Reuters) - Sara Lee Corp's opening of a high-tech Kansas City meat manufacturing facility sets the stage for broad growth in its key brands and is part of a series of moves in preparation for splitting in two, company ...
Source : reuters-com
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