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Non-Tech : SPIN-OFFS "secret hiding places of stock market profits" -- Ignore unavailable to you. Want to Upgrade?

To: 249443 who wrote (954)	5/25/2006 8:10:03 AM
From: 249443	Read Replies (2) \| Respond to of 1185

Sara Lee gives its timetable for spinoff suntimes.com May 25, 2006 BY CHERYL V. JACKSON Business Reporter "Many find summer an appropriate time to shed clothing. Sara Lee Corp.'s figuring that to be the case in timing the spinoff of its Branded Apparel unit, announcing plans to complete the move between June and September. The Hanesbrands Inc. business, which includes Hanes, Playtex, Bali, Champion and Wonderbra brands, had $4.7 billion in sales in fiscal 2005. Chicago-based Sara Lee won't own any of the shares following the spinoff, the company said in a Wednesday filing with the Securities and Exchange Commission..."

To: 249443 who wrote (954)	5/25/2006 8:08:24 PM
From: 249443	Read Replies (1) \| Respond to of 1185

No Flash Spinoff for Intel thestreet.com By Alexei Oreskovic TheStreet.com Staff Reporter 5/25/2006 12:54 PM EDT "Intel (INTC:Nasdaq) is not considering spinning off and floating shares of its money-losing flash memory chip unit, CEO Paul Otellini said during a recent visit to Malaysia. "We are not currently thinking about those kind of things," Otellini told reporters in response to questions about a possible spinoff and initial public offering of the flash memory business, according to news reports. Speculation has been building that Intel might divest itself of its flash memory business ever since the company announced in April that it was undertaking a broad internal restructuring. CFO Andy Bryant said at the time that Intel would be taking a hard look at anything "with a bracket on it," meaning any division that wasn't profitable...."