Sara Lee News

Sara Lee marches on Washington. So global wheat prices are up by - well, a stupefying amount. via ChowHound

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“Our new Angus and Turkey Franks will satisfy barbeque fans' cravings whether they have a taste for a premium beef hot dog or crave something of the poultry variety”

DOWNERS GROVE Ball Park brand, a division of Sara Lee North America Retail, is introducing two new products Ball Park Angus Beef Franks and Turkey Franks. via Meat & Poultry

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Aaron Hoffman - Investor Relations Brenda C. Barnes - Chairman of the Board, Chief Executive Officer Theo de Kool - Chief Financial and Administrative Officer Analysts Vincent Andrews - Morgan Stanley Alexia ... via The Retail Stock Blog

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Sara Lee By Wachovia Capital Markets WE ARE UPGRADING Sara Lee to Market Perform from Underperform. via Barron's

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“The third-quarter marks the continuation of the strong sales trends that we have seen all year”

The North American Retail Bakery unit of Sara Lee posted operating income of $14 million in the third quarter ended March 29, up sharply from a loss of $12 million in the same period a year earlier. via Bakingbusiness.com

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“Positively, our business covered the incremental cost of commodities in total.”

This week, PepsiCo and Coca-Cola reportedly review their bottle sizes within the US, and the beverage division of Sara Lee helps ensure the company remains on target for full year profit growth. via NutraIngredients-USA

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Sara Lee Corporation says its third-quarter profit doubled, as price increases and the weaker dollar's effect on international sales helped offset volatile commodity prices.

The Downers Grove, Ill.-based food and personal care products maker said Tuesday it earned $234 million, or 30 cents per share, from $116 million, or 16 cents per share, a year ago. Adjusted earnings climbed to 22 cents per share from 13 cents per share.

Sales for the maker of frozen cheesecakes and Ball Park hot dogs rose 10 percent to $3.24 billion from $2.94 billion. Read more

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“We are focused on customer and operational excellence in order to meet our aggressive growth plans”

' The Sara Lee Corporation, a multi-national manufacturer of household items, has renewed its infrastructure outsourcing services contract with HP for another seven years. via Offshore Outsourcing World Blog

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“As long as they have it in their budget”

At Thursday's Board of Supervisors meeting, a resolution for the C & G Regional Rail Authority was the first order of business. via Daily Times Leader

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