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Sara Lee Beats Street, Shares Rise
Sara Lee(SLE Quote) posted better-than-expected third-quarter earnings, despite softer sales in North America and the dampening affects of stronger dollar.
The company also raised its full-year forecast, sending shares up 6% to $9.46 in morning trading.
During the quarter, the company earned $165 million, or 24 cents a share, compared with $211 million, or 30 cents a share, a year earlier. ...
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