Stocks in the news: Research in Motion, Sara Lee, KB Home


Some of the companies making headlines today:

Research In Motion (RIMM) reported disappointing earnings late Thursday. While revenue jumped 37 percent to $3.53 billion, profit slipped to $475.6 million, or 83 cents a share, from $495.5 million, or 86 cents a share, in the year-ago period. Adjusted earnings were $1.03 per share. Analysts had expected a profit of $1 per share on sales of $3.63 billion. RIM also gave a disappointing outlook for this quarter's sales of $3.6 billion to $3.85 billion. Analysts had expected an revenue forecast of $3.91 billion. RIMM shares tumbled about 14 percent in pre-market trade.

Unilever (UL) put in a $1.88 billion offer for the global body care unit of Sara Lee (SLE), which includes the Sanex and Duschdas brands. The consumer products giantsaid the businesses it will acquire had sales of euro750 million and operating earnings of euro128 million in the 12 months ending in June. SLE shares jumped over 5 percent ahead of the bell.