International Business News - SLE http://www.ibtimes.com All articles are copyrighted by IBTimes.com 400 100 http://www.ibtimes.com/ http://www.ibtimes.com/images/top_logo_ibt2_3.gif Richelieu Foods Inc. said Tuesday it has bought the Sara Lee foodservice sauce and dressings business. Terms of the deal were not disclosed. The transaction closed Aug. 30. http://www.ibtimes.com/articles/20080902/richelieu-foods-buys-sara-lee-sauce-business.htm Tue, 02 Sep 2008 11:12:25 EDT Kids may be worried about homework, teachers and that pesky bully this school year. But parents? They're leery about lunches. With food prices rising and packages shrinking, parents are wondering how they'll stretch their food budgets. Children are going to get an unwitting lesson in economics, analysts say, as parents change their food-buying habits to keep costs down. http://www.ibtimes.com/articles/20080901/shrinking-packages-pricier-foods-fluster-parents.htm Mon, 01 Sep 2008 13:51:25 EDT A former Liberian warlord whose drugged fighters once appeared on camera holding up a human heart dodged questions Wednesday and refused to accept any wrongdoing during an appearance before a public commission. http://www.ibtimes.com/articles/20080827/liberian-ex-warlord-dodges-questions-at-hearing.htm Wed, 27 Aug 2008 17:08:10 EDT One of Liberia's most infamous warlords admitted Tuesday that he had trained in Libya and helped topple the government of Burkina Faso before overthrowing Liberia's president. http://www.ibtimes.com/articles/20080826/warlord-says-he-played-part-in-burkina-faso-coup.htm Tue, 26 Aug 2008 12:45:25 EDT Among the stock activity stories for Friday, Aug. 8, from AP Financial News: NEW YORK (AP)--Shares of Merrill Lynch & Co. fell Friday afternoon as Moody's Investors Service cut ratings on some mortgage-backed securities it had issued and a day after the investment bank said it would buy back auction-rate securities. http://www.ibtimes.com/articles/20080808/movers-roundup-merrill-lynch-sara-lee.htm Fri, 08 Aug 2008 14:49:02 EDT Shares of Sara Lee Corp. soared Friday as analysts increased their outlook for future years and said it is evident the company is still maintaining volumes as it passes on price increases to consumers. http://www.ibtimes.com/articles/20080808/sara-lee-shares-gain-as-analysts-raise-predictions.htm Fri, 08 Aug 2008 13:06:55 EDT Among the earnings stories for Thursday, Aug. 7, from AP Financial News: BOCA RATON, Fla. (AP)--GEO Group Inc., which operates prisons and mental health facilities, on Thursday reported second-quarter earnings that met Wall Street expectations. http://www.ibtimes.com/articles/20080807/earnings-roundup-geo-group-isis-pharmaceuticals.htm Thu, 07 Aug 2008 15:22:23 EDT Here's a look at how the six business segments of Sara Lee Corp. fared in its fourth quarter: North American Retail Meats: http://www.ibtimes.com/articles/20080807/a-look-at-sara-lees-4th-quarter-sales.htm Thu, 07 Aug 2008 15:13:29 EDT Helene Cooper's "The House at Sugar Beach," a memoir about growing up in Liberia during that country's civil war, is the latest book selected by Starbucks to be featured at its stores nationwide. http://www.ibtimes.com/articles/20080807/memoir-about-liberia-is-new-starbucks-pick.htm Thu, 07 Aug 2008 15:07:26 EDT Among the earnings stories for Thursday, Aug. 7, from AP Financial News: Top stories: http://www.ibtimes.com/articles/20080807/earnings-roundup-directv-blockbuster.htm Thu, 07 Aug 2008 18:09:12 EDT Sara Lee Corp. posted a fourth-quarter loss Thursday as it reduced the value of its bakery business, but analysts say sales increases show the food company is passing on price increases to consumers to offset rising commodity costs. http://www.ibtimes.com/articles/20080807/sara-lee-swings-to-4th-quarter-loss-on-charges.htm Thu, 07 Aug 2008 17:26:08 EDT Sara Lee Corp. reports earnings for the fourth quarter and the fiscal year on Thursday before the market opens. The following is a summary of key developments and analyst opinion related to the period. http://www.ibtimes.com/articles/20080806/earnings-preview-sara-lee-to-report-fiscal-4q.htm Wed, 06 Aug 2008 16:45:47 EDT Major business events and economic events scheduled for Thursday: WASHINGTON--Labor Department releases initial claims for jobless benefits, 8:30 a.m. http://www.ibtimes.com/articles/20080806/calendar-of-major-business-events-for-thursday.htm Wed, 06 Aug 2008 13:17:46 EDT The company that makes products under the Hanes, Champion, Playtex and Bali names is closing two distribution centers in eastern Pennsylvania. Hanesbrands Inc. of Winston-Salem, N.C., says it is reorganizing its distribution system. Two facilities near Hometown in Schuylkill County will be closed in the first part of next year. http://www.ibtimes.com/articles/20080806/hanesbrands-to-close-2-pa-distribution-centers.htm Wed, 06 Aug 2008 12:03:47 EDT Shares of Hanesbrands fell on Wednesday, after the underwear, T-shirt and hosiery maker reported its profit doubled but missed expectations. Late Wednesday, the company said profit rose to $57.3 million; excluding one-time items, earnings totaled 65 cents per share, but analysts expected a profit of 68 cents per share. http://www.ibtimes.com/articles/20080730/hanesbrands-shares-fall-after-earnings.htm Wed, 30 Jul 2008 19:16:34 EDT Hanesbrands Inc. said Tuesday that its second-quarter profit more than doubled, but the results missed expectations amid softer demand for its intimate apparel and later orders for back-to-school products. http://www.ibtimes.com/articles/20080729/hanesbrands-2q-profit-misses-expectations.htm Tue, 29 Jul 2008 18:18:53 EDT Hanesbrands Inc., which makes underwear, T-shirts and hosiery, said Tuesday its second-quarter profit more than doubled as the company cut costs, but results missed analyst expectations. http://www.ibtimes.com/articles/20080729/cost-cutting-helps-hanesbrands-2q-profit-rise.htm Tue, 29 Jul 2008 16:23:07 EDT Hanesbrands Inc., which makes underwear, T-shirts and hosiery, reports earnings for the fiscal second quarter on Tuesday. The following is a summary of key developments and analyst opinion related to the period. http://www.ibtimes.com/articles/20080728/earnings-preview-hanesbrands-to-report-2q-results.htm Mon, 28 Jul 2008 09:29:12 EDT Food company Sara Lee Corp. said Tuesday it will record a charge in its fiscal fourth quarter as economic conditions remain "adverse" and rising wheat costs continue to affect its bakery operations. http://www.ibtimes.com/articles/20080722/sara-lee-to-incur-charge-in-fiscal-4th-quarter.htm Tue, 22 Jul 2008 09:01:44 EDT Food company Sara Lee Corp. has agreed to clarify labels showing the amount of whole grain contained in its Soft & Smooth bread. The Downers Grove, Ill.-based company and food-labeling advocacy group, Center for Science in Public Interest, reached an agreement on the labels Monday. http://www.ibtimes.com/articles/20080722/sara-lee-to-clarify-labels-on-bread-brand.htm Tue, 22 Jul 2008 09:00:45 EDT