Archives for December 11, 2008

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Sara Lee outsources as part of restructuring bid

By Simon Pitman

Global consumer goods player Sara Lee say it is outsourcing parts of its North American and European finance, information and procurement services as part of its restructuring.

P&G downgrades quarterly sales targets

By Simon Pitman

Procter & Gamble says it is still on course to increase organic sales during the October-December quarter, but says growth will be below original estimates.