Sara Lee Sells Refrigerated Dough Business to Ralcorp
Ralcorp Frozen Bakery Products to take control of Sara Lee Corp.'s North American refrigerated dough business
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Sara Lee Discusses Proposed Spin-Off Transaction at CAGNY
Presenting at the Consumer Analyst Group of New York’s (CAGNY) annual conference, Sara Lee Corp. reviewed its plan to spin off its North American Retail and Foodservice business in a tax-free transaction, creating two pure-play, publicly traded companies. Marcel...
Mexico Food and Drink Report Q1 2011 companiesandmarkets.com
(live-PR.com) - Consumer confidence surveys suggest the Mexican consumer remains very wary and, while there has been a slight improvement in this indicator over the past few months, our expectations for a secondary slowdown in the US, in line...
Highlights: Sara Lee, Tyson Foods, Unilever NV, Heinz and Campbell’s
Zacks.com Analyst Blog features: Sara Lee Corp. (NYSE: SLE), Tyson Foods, Inc. (NYSE: TSN), Unilever NV (NYSE: UL), H.J. Heinz Company (NYSE: HNZ) and Campbell Soup Company (NYSE: CPB). Get the most recent insight from Zacks Equity Research with...
Sara Lee considers selling its Nespresso coffee online
Obviously the Nespresso ad that featured George Clooney and John Malkovich resulted in much success for the Company. This is because Sara Lee Corp. is now considering launching online sales of its capsules that are compatible with Nestle SA’s...
How many other Bimbo billionaires can afford Sara Lee?
Grupo Bimbo has been considered the lead bidder to buy Sara Lee Corp's North American bread business for $1 billion (thank you Dr. Evil), though a deal could still be several weeks away.
Sara Lee, reported last month it planned to spend more on its North American bakery business and raise some prices as it looks to improve performance in that lagging business.
Sara Lee shares rise on report of KKR offer
About six weeks ago, KKR approached the maker of Sara Lee bread and Jimmy Dean sausages in what could have been a $12 billion deal, but Sara Lee's board rejected the offer. Perhaps a rather smart move, Sara Lee...
Sara Lee CEO Resigns for Health Reasons
Brenda C. Barnes will step down permanently from the positions of Chairman and Chief Executive Officer so she can continue to focus on improving her health.
Sara Lee to sell majority stake in Indian joint venture
Sara Lee Corp will sell its 51 percent stake in the Godrej Sara Lee Ltd. joint venture to Godrej Consumer Products Ltd. The sale will be complete in July 2010.
Scientists create first lab-grown pork
The project has been funded by sausage manufacturer Stegeman, owned by Sara Lee, and has received two million pounds from the Dutch government.
Kraft may sell Maxwell House to fund Cadbury bid
Under UK law, Kraft has been set a deadline of November 9, by which time it must make a bid for the company or back off for at least six months.
Sara Lee sales fall
Shares of the company, which makes frozen cakes and Jimmy Dean sausages, also fell as sales were affected by the struggling European economy.
Report: 53rd World Food Business Summit
The event attracted 650 of the world's most influential food and consumer business leaders, while speakers included Indra Nooyi, Chairman and CEO of PepsiCo, Wal-Mart Chairman of the Executive Committ
Sara Lee to consider acquisitions for growth
Barnes told Bloomberg that while the business intends to make cost cuts of $250 million over two years, it has the "capability" to make a purchase.
Sara Lee says may divest household business
The business, which includes a mix of brands like Sanex body wash and Ambi Pur air fresheners, has about $2.3 billion in annual sales, or about 17 percent of the company's total.
Sara Lee weighs sale of European business
The company has hired Goldman Sachs to sound out possible bidders for the business, which could fetch more than $2 billion (1.4 billion pounds), the people told the paper.
Kraft profit down, cuts 2009 forecast
By Brad DorfmanShares of Kraft fell more than 9 percent before the market opened, while Sara Lee had not begun trading.
Sara Lee introduces nutrition labelling
The 'nutritional spotlight banner' complements the nutrition facts label currently required on all food products, providing consumers with information about dietary nutrients.
Sara Lee to reverse share-repurchase program
The company postponed repurchases as stock fell following the release of its first quarter results, citing the global credit markets.
Sara Lee Corp. declares quarterly dividend
Sara Lee Corporation's board of directors today declared a regular quarterly dividend of $.10 per share on the company's common stock, payable on October 5, 2007.
