Earnings Roundup: Sara Lee, Macy's

Among the earnings stories for Wednesday, Aug. 12, from AP Financial News:

Top stories:

DOWNERS GROVE, Ill. (AP) — Sara Lee Corp. posted a smaller fiscal fourth-quarter loss as impairment charges declined from a year ago, but unfavorable exchange rates still dampened revenue for the food maker.

Other stories:

NEW YORK (AP) — Macy's Inc. posted a lower second-quarter profit as the department store chain's results were weighed down by costs for consolidations and store closings.

JIASHAN, China (AP) — Chinese solar maker ReneSola Ltd. posted a second-quarter loss as revenue fell 52 percent from a year ago.

NEW YORK (AP) — WuXi PharmaTech Inc., which provides research and development outsourcing for the pharmaceutical and biotechnology sectors, said its second-quarter profit rose 72 percent on better margins and lower expenses.

SHANGHAI (AP) — Solar cell maker JA Solar Holdings posted a wider second-quarter loss on sharply lower revenue, stock-related expenses and buying back bonds.