Marcel Smits News
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The heaviest and most numerous U.S. pig population on record and rebounding Chinese output are creating a surplus that is poised to halt a four-year rally in prices.
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Sara Lee Corp. said Chief Executive Officer Brenda Barnes is taking a temporary medical leave of absence, prompting the food maker to create a special group to oversee the company’s strategy.
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Sara Lee Corp. , the maker of Ball Park hot dogs and Senseo coffee, said Brenda Barnes is resigning as chairman and chief executive officer, focusing on her health after taking leave in May to recover from a stroke.
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Sara Lee Corp ., the maker of Ball Park hot dogs and Douwe Egberts coffee, decided to split itself in two after failing to agree to takeover offers from suitors.
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Sara Lee Corp. Chief Executive Officer Brenda Barnes said she is recovering from a stroke suffered “a few weeks ago,” and the company will provide an update on her plans by Aug. 12.
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Corporate America is putting its cash hoard back to work.
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Sara Lee Corp. , the foodmaker that plans to split itself up next year, posted a 64 percent drop in second-quarter profit, missing analysts’ projections as costs for raw ingredients rose.
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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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Sara Lee Corp. ’s board plans to make a decision about whether to sell or break up the company by the end of the month and hasn’t received a new takeover offer from Brazil’s JBS SA , according to a person familiar with the matter.
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Sara Lee Corp ., the maker of Ball Park hot dogs and Douwe Egberts coffee, decided to split itself in two after failing to agree to takeover offers from suitors.
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