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Tootie Pie Goes Large at Shorty Smalls and Sara Lee Corporation Declares 257th Consecutive Quarterly Dividend


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City of Industry, CA --(www.USEquityNews.com)-- 04/29/2010 - Consumer Goods industry alert provided by U.S. Equity News. Tootie Pie Company, Inc.(OTCBB:TOOT) announced that it had landed Shorty Smalls restaurant chain, which operates eight locations in Little Rock, Arkansas; Oklahoma City, Oklahoma; Branson, Missouri and Wichita, Kansas.
"We have been working hard to add restaurant chains to our list of Tootie Pie customers and Shorty Smalls not only opens us up to some great new cities, it comes through a new food distributor: Reinhart Foods, which means access to more restaurants and hotels," said Don Merrill, President & CEO


For a complete company profile visit: http://www.smallcapvoice.com/toot/index.php

Sara Lee Corp.'s (NYSE: SLE) board of directors today declared a regular quarterly dividend of $.11 per share on the company's common stock, payable on July 8, 2010. The dividend is payable to stockholders of record at the close of business on June 1, 2010. Sara Lee Corp. has paid quarterly dividends to its stockholders continuously for more than 60 years, and today's announcement represents the 257th consecutive quarterly dividend declared by the corporation.

General Mills (NYSE: GIS) recently announced the early results for its previously announced modified "Dutch Auction" cash tender offer for up to $250 million aggregate principal amount of its 6.000% Notes due 2012 and 5.650% Notes due 2012.

As of 12:00 midnight, New York City time, on April 26, 2010 (the "early participation date"), General Mills received tenders for approximately $539.6 million aggregate principal amount of the notes. General Mills also announced today that it is increasing the tender cap for the notes from $250 million to $400 million. All other terms and conditions of the tender offer remain unchanged.

Kellogg Company (NYSE: K) today reported solid first quarter 2010 growth in internal net sales, as well as robust internal operating profit and currency-neutral earnings per share growth. The strong operating profit performance was driven by continued focus on cost savings, moderating inflation costs, and timing of advertising expenditures.

First quarter net earnings were $418 million, a 30 percent increase over the first quarter a year ago. First quarter reported earnings per diluted share were $1.09, a 30 percent increase on a reported basis and a 27 percent increase on a currency-neutral basis.

First quarter reported net sales increased 5 percent to $3.3 billion. Internal net sales growth, which excludes the effects of foreign currency translation, rose 2 percent. Total operating profit for the first quarter 2010 grew 20 percent on a reported basis to $637 million, and internal operating profit increased 17 percent. Reported gross margin expanded 190 basis points to 43.0 percent in the quarter.

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