Sara Lee Corp.: The Chicago-based food company...

Sara Lee Corp.: The Chicago-based food company said first-quarter earnings rose 24% to $93.8 million. The company said improved results were reported despite restructuring its food service business, which resulted in an annual loss of more than $1 billion in sales. The company said core operations reported solid results, with outstanding performance in its personal products businesses. Revenue was flat at $2.7 billion.