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People Daily (Free subscription) | 27/09/2009
Consumer products giant Unilever NV said yesterday that it had agreed to buy soaps and personal care businesses including the Sanex and Duschdas brands from Sara Lee Corp for 1.28 billion euros (US$1.88 billion). The businesses to be acquired, subject to regulatory approval, include Sara Lee's worldwide body care products business and its European detergents arms. In addition to Sanex -- a cheaper...
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BloggingStocks (Free subscription) | 25/09/2009
Filed under: Sara Lee Corp (SLE) , Options , Unilever ADR (UL) Sara Lee (NYSE: SLE ) closed at $10.54. Unilever (NYSE: UN ) agreed to buy SLE's personal-care and European detergent unit for $1.88 billion. SLE's board of directors authorized a $1 billion share repurchase program. SLE October option implied volatility is at 39, November is at 38; near its 26-week average of 38 according to Track Data,...
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BloggingStocks (Free subscription) | 25/09/2009
Filed under: Before the bell , International markets , Deals , Market matters , Sara Lee Corp (SLE) , Research in Motion (RIMM) , Economic data , Unilever ADR (UL) , Oil , Housing , Federal Reserve U.S. stock futures inched higher Friday morning, perhaps trying to break the two-day losing streak. After Thursday stocks fell on an unexpected drop in sales of existing homes, this morning's new home sales...
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BloggingStocks (Free subscription) | 16/09/2009
Filed under: General Electric (GE) , Sara Lee Corp (SLE) , Options General Electric (NYSE: GE ) closed at $16. GE is scheduled to host a Global Research Analyst Meeting on September 17. GE options were active on volume of 812,432 contracts. GE October option implied volatility is at 47 and December is at 43; below its six-week average of 55, according to Track Data. Sara Lee (NYSE: SLE ) closed at...
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BloggingStocks (Free subscription) | 15/08/2009
Filed under: Earnings reports , Wal-Mart (WMT) , Blockbuster Inc 'A' (BBI) , Applied Materials (AMAT) , CIT Group (CIT) , Sara Lee Corp (SLE) , Kohl's Corp (KSS) , Hormel Foods (HRL) , Liz Claiborne (LIZ) , Lions Gate Entertainment (LGF) Here are some highlights from last week's earnings coverage from BloggingStocks: Applied Materials Inc. (NASDAQ: AMAT ) posted better-than-expected Q3 results , sending...
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People Daily (Free subscription) | 14/08/2009
NEW DELHI: Godrej Consumer Products Ltd, India's second-biggest soap maker, may acquire some of Sara Lee Corp's international businesses including the US company's stake in its Indian joint venture. Godrej Consumer may acquire Sara Lee's stake in the companies' venture as well as "bits and pieces" of the Downers Grove, Illinois-based company's global assets, Hoshedar Press, vice-chairman...
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Chicago Tribune (Free subscription) | 13/08/2009
Stock drops 10% as guidance on annual earnings comes in less than expected Sara Lee Corp. took a beating Wednesday from investors after the packaged-food company's annual profit forecast and its fourth-quarter sales fell short of Wall Street's expectations.
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Salt Lake Tribune (Free subscription) | 13/08/2009
Sara Lee Corp. , which has operations in Utah, narrowed its loss in the fiscal fourth quarter but gave a weak outlook for the year, sending shares of the food maker plunging Wednesday.
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Daily Advance - Business (Free subscription) | 12/08/2009
PORTLAND, Ore. — Sara Lee Corp. narrowed its loss in the fiscal fourth-quarter but gave a weak...
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The St Louis Business Journal (Free subscription) | 12/08/2009
Sara Lee Corp. narrowed its loss in the fourth quarter as consumers bought cheaper foods like Ballpark Franks. (SLE)
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BloggingStocks (Free subscription) | 12/08/2009
Filed under: Earnings reports , Sara Lee Corp (SLE) , Options Maker of tasty pastries, lunch meat, and shoe polish (?) Sara Lee Corp. (NYSE: SLE ) surprised Wall Street this morning when it reported a fourth-quarter loss of $14 million, or two cents per share. Last year in the same reporting period, SLE lost $672 million, or 95 cents per share. Not only were these numbers an improvement on a year-over-year...
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Daily Advance - Business (Free subscription) | 12/08/2009
DOWNERS GROVE, Ill. — Sara Lee Corp. posted a smaller fiscal fourth-quarter loss Wednesday as ...
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Seattle Times (Free subscription) | 12/08/2009
Sara Lee Corp. posted a smaller fiscal fourth-quarter loss Wednesday as impairment charges declined from a year ago, but unfavorable exchange rates still dampened revenue for the food maker.
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Business Wire (Free subscription) | 12/08/2009
DOWNERS GROVE, Ill.--(BUSINESS WIRE)--Sara Lee Corp. (NYSE: SLE) reported net sales of $3.2 billion for the fourth quarter of fiscal 2009, ending June 27, 2009, a decline of 9.8% compared to $3.5 billion in
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