SLE posts
FeedPosted Feb 8th 2011 8:30AM by Jason Raznick (RSS feed)
Filed under: Before the Bell, International Markets, Earnings Reports, Sara Lee Corp (SLE), Teva Pharm Indus ADR (TEVA)

U.S. stock futures are flat Tuesday morning after China's central bank raised interest rates. Futures on the
Dow Jones Industrial Average rose 5 points to 12,113.00, and S&P 500 futures dropped 0.20 point to 1,315.60. Nasdaq 100 futures gained 0.50 point to 2,345.50.
U.S. stocks closed higher Monday, with the Dow gaining 0.57% to end the day at 12,162.
The NFIB index of small business optimism for January is due at 7:30 a.m. ET.
Continue reading U.S. Stock Futures Flat as China's Central Bank Raises Interest Rates
Posted Jan 27th 2011 9:00AM by Paul Foster (RSS feed)
Filed under: PepsiCo (PEP), Private Equity, Sara Lee Corp (SLE), Options
Sara Lee (SLE) has rejected an offer from a group of private-equity firms that includes Bain Capital, Apollo Management and TPG Capital, the New York Post reports. Overall option implied volatility of 20 is below its 26-week average of 24, according to Track Data, suggesting decreasing price movement.
PepsiCo (PEP) is expected to report Q4 EPS on February 10. Overall option implied volatility of 17 is near its 26-week average, according to Track Data, suggesting nondirectional near-term price movement.
Options Update is by Stock Specialist Paul Foster of theflyonthewall.com.
Posted Jan 26th 2011 4:00PM by Jon Ogg (RSS feed)

The FOMC kept rates at zero and kept the pressure n the quantitative easing front. The State of the Union was met with praise from supporters and criticism from the opposition, as you'd expect.
Earnings season is fully underway and the DJIA hit 12,000 today for the first time in more than two years. We also had two premium IPOs today.
Here are the unofficial closing bell levels:
Dow Jones 11,985.44 +8.25 (0.07%)
S&P 500 1,296.63 +5.45 (0.42%)
Nasdaq 2,739.50 +20.25 (0.74%)
Top Stock Analyst Upgrades & DowngradesContinue reading Closing Bell: Taking Out DJIA 12,000 (DMD, NLSN, CIEN, SLE, RFMD, JNPR)
Posted Jan 24th 2011 11:30AM by Tom Taulli (RSS feed)
Filed under: Private Equity, Sara Lee Corp (SLE), Blackstone Group L.P (BX)
As the economy rebounds and credit markets warm up again, it looks like private equity firms are going back to work -- on big deals. According to Bloomberg.com, Apollo Global Management is prepared to offer $12 billion for Sara Lee (SLE). The transaction would also include investor C. Dean Metropoulos -- who bought Pabst Brewing in 2010 -- as well as Bain Capital and TPG.
It looks like this is a viable offer even though a strategic buyer is interested (which often can justify a higher valuation). This is JBS SA, a beef processor based in Brazil. An acquisition would certainly have lots of synergy, creating a vertical operation. Interestingly enough, JBS may seek the help of the Blackstone Group (BX).
Continue reading Buyout Interest Heats Up for Sara Lee
Posted Dec 21st 2010 9:00AM by Paul Foster (RSS feed)
Filed under: Sara Lee Corp (SLE), ConAgra Foods (CAG), Options
ConAgra (CAG) is expected to report Q2 EPS on December 21. The company lowered Q2 guidance on December 9. January and March put option implied volatility of 22 is above its 26-week average of 19, according to Track Data, suggesting decreasing price movement.
Sara Lee (SLE) the Wall Street Journal reported a sale or break up is possible. January call option implied volatility is at 33, February is at 31, above its six-month average of 25 according to Track Data, suggesting larger price movement.
Options Update is by Stock Specialist Paul Foster of theflyonthewall.com.
Posted Dec 14th 2010 11:00AM by Eric Buscemi (RSS feed)
Filed under: Analyst Reports, Analyst Upgrades and Downgrades, Walgreen Co (WAG), Comcast Cl'A' (CMCSA), Research in Motion (RIMM), Amgen Inc (AMGN), Analyst Initiations
Analyst Upgrades
- Amgen (AMGN) to overweight from neutral at Piper Jaffray.
- Goodrich Petroleum (GDP) to outperform from market perform at Wells Fargo.
- Tutor Perini (TPC) to buy from neutral at UBS.
- Covidien (COV) to buy from neutral at Goldman.
- Sara Lee (SLE) and Comcast (CMCSA) to outperform from market perform at Bernstein.
- Research In Motion (RIMM) to outperform from sector perform at FBN Securities.
Continue reading Analyst Calls: AMGN, CMCSA, GDP, FAST, FLR, KBR, PGR, RIMM, SLE, WAG ...
Posted Aug 12th 2010 5:00PM by Steven Mallas (RSS feed)
Filed under: Earnings Reports, Sara Lee Corp (SLE)
Sara Lee Corp. (SLE) isn't far from its 52-week high of $15.40. At the time of this writing, the quote was valued at $14.30. The shares have traded in a narrow range over the last twelve months; the 52-week low is $9.17.
The stock is experiencing selling pressure (it's currently down 1%) following the company's fiscal Q4 report. According to this article, adjusted profit of 19 cents per share beat the consensus by three pennies. Furthermore, the actual press release states that cash from operations came in at $952 million over the past four quarters; in the comparable period, the business generated $900 million from operations.
Continue reading Sara Lee Reports Second-Quarter Data
Posted Jun 15th 2010 1:30PM by Beth Gaston Moon (RSS feed)
Filed under: Other Issues, Bad News, Sara Lee Corp (SLE)
"Nobody doesn't like Sara Lee (SLE)?" Think again. Swiss company Nestle has filed a lawsuit against the Illinois-based food giant, claiming patent infringement of the Nespresso coffee system. While the Swiss are known for staying neutral, Nestle felt compelled to seek legal action in an effort to protect its highest-selling product.
Nespresso is the business model that keeps on giving ... once customers buy one of the high-end machines, they also need to buy capsules of blended coffee (available in 16 varieties of varying flavors and intensity). The machines run from $199 to $599 and the capsules are about 55 cents apiece (which provides one cup). That 12-cup-a-day habit can add up quickly.
Continue reading Nestle Sues Sara Lee over Patent Infringement
Posted May 8th 2010 12:40PM by Steven Mallas (RSS feed)
Filed under: Earnings Reports, Sara Lee Corp (SLE)
So ... how was your trading week? Mine wasn't so hot. But I guess we need to keep sifting through all those stocks that are now sporting claw marks courtesy of the growling bears who are now in control to figure out which ideas should be given a round of due diligence and which ones should be thrown by the wayside.
Let's check out Sara Lee (SLE). I like the one-year chart. The 52-week low on the stock is $8.71; the 52-week high is $14.36. The shares closed down by a mere three pennies on Friday to settle out at $13.44.
Continue reading Sara Lee: Buy or Sell?
Posted Sep 25th 2009 8:00AM by Paul Foster (RSS feed)
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, suggesting non-directional price movement.
MSCI Brazil Index (NYSE: EWZ) is recently up 37 cents to $65.04 in pre-open trading. Brazil Bovespa Stock Index is up 0.1%. EWZ call option volume of 14,379 contracts compares to put volume of 22,765 contracts. EWZ October option implied volatility is at 37, October and January is at 38; below its 26-week average of 45, according to Track Data, suggesting decreasing price movement.
Option Update is provided by Stock Specialist Paul Foster of theflyonthewall.com
Posted Sep 21st 2009 8:00AM by Paul Foster (RSS feed)
Filed under: Dell (DELL), Options
Dell (NASDAQ: DELL) will commence an offer to acquire Perot Systems (NYSE: PER) for $30 per share in cash. DELL expects the transaction to be accretive to DELL's GAAP earnings in its fiscal year 2012. PER options were active last week, with 2,549 contracts trading on September 18, the most active day since July 2002. PER over all option implied volatility of 48 is above its 26-week average of 36, according to Track Data, suggesting larger price movement.
Sara Lee (NYSE: SLE) closed at $10.68. SLE October option implied volatility of 34 is near its 26-week average of 36. SLE options were active on September 18 with 17,563 contracts trading according to Track Data.
Option Update is provided by Stock Specialist Paul Foster of theflyonthewall.com.
Posted Aug 15th 2009 12:10PM by Trey Thoelcke (RSS feed)
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)
Continue reading Earnings highlights: Blockbuster, Walmart, Applied Materials, ING, Priceline ...
Posted Aug 12th 2009 9:40AM by Beth Gaston Moon (RSS feed)
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 basis, but they topped analysts' expectations as well. Excluding charges related in part to its Spanish bakery business, the firm banked 29 cents per share, topping per-share estimates of 24 cents. Revenue was off 10% during the quarter to $3.16 billion.
Continue reading Sara Lee (SLE) beats the Street by a nickel
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