Jimmy Dean News
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The prospect of selling meat under Hillshire Brands Co.’s labels is putting the maker of Jimmy Dean sausages and Ball Park hot dogs on the menu for producers ranging from Tyson Foods Inc. to Hormel Foods Corp. and JBS SA.
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Will Americans eat chicken curry meatloaf?
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Sara Lee Corp. , the maker of Jimmy Dean foods, provided a fourth-quarter earnings forecast that trailed analysts’ estimates as it increases marketing spending and commodity costs rise.
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Sara Lee Corp. , the maker of Jimmy Dean breakfast foods and Ball Park franks, gave a 2011 earnings forecast that trailed some analysts’ estimates as the U.S. economic recovery slows.
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Sara Lee Corp. , the maker of Jimmy Dean breakfast foods and Ball Park franks, reported third- quarter profit that exceeded analysts’ estimates and raised its annual forecast after North American food sales rose.
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The following are the day's top business stories:
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The main lobbying group for food producers plans to ask the U.S. Environmental Protection Agency to reduce requirements for the use of corn-based ethanol in gasoline as a drought boosts the grain’s price to records.
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Sara Lee Corp. ’s talks to sell itself to Brazilian meat processor JBS SA have hit a snag over price, according to two people with direct knowledge of the situation.
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Credit-default swaps protecting against losses on the debt of Sara Lee Corp. soared as private- equity firms targeted the company for a takeover, triggering jumps in contracts tied to borrowers from ConAgra Foods Inc. to Computer Sciences Corp.
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Most U.S. stocks rose, sending the Standard & Poor’s 500 Index to a two-year high, as better-than- projected earnings forecasts at Oracle Corp. and Research In Motion Ltd. and the takeover of a regional bank overshadowed concern Europe’s debt crisis will spread.
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