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+Vote!

Kraft brews up $5B plan

That's an expensive cup of joe. If food giant Kraft manages to sell its coffee business to Sara Lee, the price tag would be at least $5 billion -- and possibly much more. That sum would give Kraft the firepower to make a winning offer for Cadbu...

3Vote!

Godrej’s donation to flood victims

KURNOOL: Godrej Sara Lee launched anti-malarial operations in the flood-affected areas of A.P. and Karnataka by targeting to distribute two lakh liquid mosquito repellent refills and mosquito coils here on Thursday. In collaboration with Art ...

3Vote!

Starcom MediaVest Group IU Recruiting - Wednesday, November 11th (AFTER the CMCL Internship Information Session!)

The Starcom MediaVest recruiting team will be visiting Indiana University on Wednesday, November 11th. If you are interested in advertising/media as a career, we hope you will join us to learn more about the field. We will be presenting for about a half hour in Ballantine Hall, Room 310 at 7:30pm and will be happy to answer student questions afterward. During this time we will inform you about SMG...

3Vote!

Sara Lee tops profit estimate

But pricing pressures, especially in bread unit, a black cloud for future Sara Lee Corp. on Thursday posted quarterly profit that beat Wall Street forecasts, and the Downers Grove-based packaged-food company increased its earnings guidance for the rest of its fiscal year.

3Vote!

The Enduring Greatness of Walmart

No wonder the left hates Walmart. The company feeds more people more for less than any socialist system you can imagine today. "As shoppers evaluate the impact of tight budgets on holiday meal planning, beginning today Walmart will feature select 12-pound turkeys for less than $5, helping families serve a complete Thanksgiving meal for eight this year as low as $20.* “We’re proving...

7Vote!

Taste Test: Frozen Apple Pies

We're not big on frozen pies, but we tried six of them anyhow: Marie Callenders, Sara Lee, Mrs. Smith's, Vermont Mystic, Amy's, and Wholly Wholsome. Did any of them taste like grandma's? Eh, maybe a couple. Others definitely did not. Check out our results.

3Vote!

On the Call: Sara Lee CEO Brenda Barnes

The recession has had a major impact on how consumers shop but also how retailers draw them in and a major factor has been price. Food companies and grocers have tried to compete with lower prices, which has been complicated by massive fluctuations in the... Retail - Food - Recession - Business - Sara Lee Corporation

3Vote!

On the Call: Sara Lee CEO Brenda Barnes

The recession has had a major impact on how consumers shop but also how retailers draw them in and a major factor has been price. Food companies and grocers have tried to compete with lower prices, which has been complicated by massive fluctuations in the commodity prices for the ingredients that go into food. Striking the right balance of pricing for sales versus hurting revenue has been a struggle...

3Vote!

CORRECTED: Sara Lee raises forecast, shares rise

(Corrects description of commodity derivative gain in paragraph 7)

3Vote!

Still No Details On Sara Lee M&A

Sara Lee has little to say about spinoffs or purchases

3Vote!

Poor Americans Going Gaga For Fatty Junk Food

American junk food giants say business is killing it. Dr. Pepper Snapple Group (DPS), maker of fine soft drinks, expects a fiscal year EPS of $1.92 to $1.96. Third quarter earnings shot up 42%, with a profit of $151 million, thanks in large part to lower manufacturing costs. Sara Lee (SLE) earned $230 million during Q3 and lifted its 2010 EPS view to 90 to 96 cents, also due to lower costs. Wendy's/Arby's...

3Vote!

Sara Lee 1Q profit rises 23 pct though sales fall

Food maker Sara Lee Corp. said Thursday cost-cutting, solid sales of new products and a decline in commodity costs drove its fiscal first-quarter profit up 23 percent.

3Vote!

Sara Lee Profit Rises

Lower costs helped Sara Lee post a 24% increase in earnings, despite a 7.4% drop in sales.

3Vote!

Sara Lee Posts 23 Percent Higher 1Q Profit

Sara Lee 1st-qtr earnings rise 23 percent on lower commodity costs, trimmed expenses

3Vote!

Sara Lee 1Q profit up 23%

Food maker Sara Lee says cost-cutting, increased market share and a decline in commodity costs drove its fiscal first-quarter profit up 23 percent.