Milling & Baking News - February 22, 2011 - 28

Financial Results 

Sara Lee Bakery income and sales decline during second quarter
DOWNERS GROVE, ILL. — The North American Fresh Bakery Division of Sara Lee Corp., which was reported as a discontinued operation following the agreement to sell the business to Grupo Bimbo S.A.B. de C.V., posted operating income of $2 million in the second quarter ended Jan. 1, which compared with income of $19 million in the same period a year ago. Adjusted operating income, meanwhile, was $8 million, down from $19 million a year ago. Net sales within North American Fresh Bakery fell 2% during the second quarter to $487 million. “The decline in operating segment income was driven by flat volumes and lower pricing,” Sara Lee said. “Prices increased versus the first quarter but still remain below prior-year levels. Input costs continue to rise in the category, and the company is preparing further price increases in the back half of the year to offset additional cost increases.” Sara Lee said results for its International Bakery business also came in below expectations, as adjusted operating income fell to $5 million from $11 million in the same period of fiscal 2010. Net sales fell 12% to $185 million from $211 million. Sara Lee attributed the declines in income and sales to lower unit volumes, a net reduction in prices and an unfavorable shift in sales mix. “Earlier restructuring actions continue to benefit the Spanish bakery business, but performance is still impacted by difficult macro-economic and competitive conditions in Spain,” the company said. “The Spanish business is reducing costs, narrowing price gaps to private label and launching innovative new products. Meanwhile, the French refrigerated dough business continues to perform well, reporting volume and sales growth versus last year.” Overall, the sale of the company’s household and body care business as well as gains in the North American Retail and International Beverage businesses helped drive a sharp earnings gain at Sara Lee Corp. during the second quarter. For the quarter ended Jan. 1, the company had income of $880 million, equal to $1.38 per share on the common stock, up from $371 million, or 53c per share, during the same quarter of the previous year. Sales for the quarter were $2,349 million, nearly flat compared with $2,359 million during the same quarter of the previous year. Sara Lee late last month announced its intent to divide the company into two separate, publicly-traded companies. “We are excited to move forward with the implementation of our

strategic initiative to create two pure-play companies,” said Marcel Smits, chief executive officer. “We are confident that this plan offers the best opportunity to deliver longterm value to our shareholders. “At 24c, our second-quarter adjusted e.p.s. from continuing operations showed good improvement from the 14c earned in the first quarter. As we focus on driving operational improvement in our two growth businesses, we are well positioned to finish the year with a strong second half. The North American Retail segment will benefit from first-half pricing actions and MAP investments. In the International Beverage business, we continue to push through pricing to offset commodity increases, and we expect further benefits from successful innovation. We are confident in our ability to drive top-line and bottom-line growth for the fiscal year.” For the six months ended Jan. 1, the company posted income of $1,072 million, or $1.66 per share, up 64% from $655 million during the same period of the previous year. Sales for the six months were $4,408 million, nearly flat compared with $4,406 million during the same period of the previous year. The company also announced it is reaffirming its fiscal 2011 guidance of adjusted operating income from continuing operations of $904 million to $940 million and adjusted e.p.s. from continuing operations at 85c to 89c. MBN

“Working with Pfening is a non-event” ent

28 / February 22, 2011 Milling & Baking News

bakingbusiness.com / world-grain.com


http://www.pfening.com http://www.bakingbusiness.com http://www.world-grain.com

Milling & Baking News - February 22, 2011

Table of Contents for the Digital Edition of Milling & Baking News - February 22, 2011

Milling & Baking News - February 22, 2011
One decade later, whole grains verdict — a resounding success
Snyder’s-Lance converting to I.O.
U.S. fl our output gains 0.4% in 2010 to 416,200,000 cwts
NEWS Comment - Wrong move to end reports on fl our production
Editorial - Milling makes 2010 a success amidst turmoil
Campbell Baking and Snacking unit delivers
White and whole wheat bread prices rise
Smucker earnings fall 3%, sales rise 9%
Webb Simpson to serve as A.B.A. golf pro
Premium Brands to buy Canada Bread prepared sandwich business
Cargill begins sales, marketing for Louisiana Sugar
Arizona baker Simply Bread shuts down
MGP Ingredients in transportation pact
Over NAMA objections, U.S.D.A. okays corn amylase deregulation
Bakers weigh in on amylase corn
C.P.I. for baked foods and cereals climbs 1.1% in January
U.S. fl our output gains 0.4% in 2010 to 416,200,000 cwts
U.S.D.A. unveils $145 billion budget for fi scal 2012
Diffi cult environment evident in Flowers results and guidance
PepsiCo Americas Foods profi t up 7% in fi scal 2010
Strong fourth quarter lifts Panera full-year profi t
Sara Lee Bakery income and sales decline during second quarter
Fourth quarter caps dramatic Bunge earnings recovery
Income from operations, sales up sharply at MGPI in quarter
One decade later, whole grains verdict — a resounding success
Bakery building air fl ow costs money
Although still wide, whole grain gap seen narrowing
Latin America, China among next frontiers for whole grains growth
Whole grains forum set for April in China
Grupo Bimbo wins global award
Nominations solicited for Milling Operative of the Year
Republican 2011 budget proposal would cut food assistance
ADM to invest in sustainable palm
CLDC eliminates the use of SSL and CSL
Watson launches gluten-free mixes
Powder provides yogurt fl avor profi le
Ingredient Market Trends - U.S.D.A. 10-year forecasts indicate a ‘mature’ wheat market
Ingredient Week
Classifieds
Ad Index
Archive
Milling & Baking News - February 22, 2011 - U.S. fl our output gains 0.4% in 2010 to 416,200,000 cwts
Milling & Baking News - February 22, 2011 - 2
Milling & Baking News - February 22, 2011 - 3
Milling & Baking News - February 22, 2011 - NEWS Comment - Wrong move to end reports on fl our production
Milling & Baking News - February 22, 2011 - 5
Milling & Baking News - February 22, 2011 - 6
Milling & Baking News - February 22, 2011 - Editorial - Milling makes 2010 a success amidst turmoil
Milling & Baking News - February 22, 2011 - Webb Simpson to serve as A.B.A. golf pro
Milling & Baking News - February 22, 2011 - 9
Milling & Baking News - February 22, 2011 - 10
Milling & Baking News - February 22, 2011 - 11
Milling & Baking News - February 22, 2011 - MGP Ingredients in transportation pact
Milling & Baking News - February 22, 2011 - 13
Milling & Baking News - February 22, 2011 - C.P.I. for baked foods and cereals climbs 1.1% in January
Milling & Baking News - February 22, 2011 - 15
Milling & Baking News - February 22, 2011 - U.S. fl our output gains 0.4% in 2010 to 416,200,000 cwts
Milling & Baking News - February 22, 2011 - 17
Milling & Baking News - February 22, 2011 - 18
Milling & Baking News - February 22, 2011 - 19
Milling & Baking News - February 22, 2011 - U.S.D.A. unveils $145 billion budget for fi scal 2012
Milling & Baking News - February 22, 2011 - 21
Milling & Baking News - February 22, 2011 - 22
Milling & Baking News - February 22, 2011 - 23
Milling & Baking News - February 22, 2011 - Diffi cult environment evident in Flowers results and guidance
Milling & Baking News - February 22, 2011 - 25
Milling & Baking News - February 22, 2011 - 26
Milling & Baking News - February 22, 2011 - Strong fourth quarter lifts Panera full-year profi t
Milling & Baking News - February 22, 2011 - Sara Lee Bakery income and sales decline during second quarter
Milling & Baking News - February 22, 2011 - Fourth quarter caps dramatic Bunge earnings recovery
Milling & Baking News - February 22, 2011 - 30
Milling & Baking News - February 22, 2011 - 31
Milling & Baking News - February 22, 2011 - Income from operations, sales up sharply at MGPI in quarter
Milling & Baking News - February 22, 2011 - 33
Milling & Baking News - February 22, 2011 - 34
Milling & Baking News - February 22, 2011 - One decade later, whole grains verdict — a resounding success
Milling & Baking News - February 22, 2011 - 36
Milling & Baking News - February 22, 2011 - 37
Milling & Baking News - February 22, 2011 - 38
Milling & Baking News - February 22, 2011 - 39
Milling & Baking News - February 22, 2011 - 40
Milling & Baking News - February 22, 2011 - 41
Milling & Baking News - February 22, 2011 - 42
Milling & Baking News - February 22, 2011 - 43
Milling & Baking News - February 22, 2011 - 44
Milling & Baking News - February 22, 2011 - 45
Milling & Baking News - February 22, 2011 - 46
Milling & Baking News - February 22, 2011 - 47
Milling & Baking News - February 22, 2011 - Bakery building air fl ow costs money
Milling & Baking News - February 22, 2011 - Although still wide, whole grain gap seen narrowing
Milling & Baking News - February 22, 2011 - Whole grains forum set for April in China
Milling & Baking News - February 22, 2011 - 51
Milling & Baking News - February 22, 2011 - Nominations solicited for Milling Operative of the Year
Milling & Baking News - February 22, 2011 - Republican 2011 budget proposal would cut food assistance
Milling & Baking News - February 22, 2011 - Powder provides yogurt fl avor profi le
Milling & Baking News - February 22, 2011 - Ingredient Market Trends - U.S.D.A. 10-year forecasts indicate a ‘mature’ wheat market
Milling & Baking News - February 22, 2011 - Ingredient Week
Milling & Baking News - February 22, 2011 - 57
Milling & Baking News - February 22, 2011 - 58
Milling & Baking News - February 22, 2011 - 59
Milling & Baking News - February 22, 2011 - 60
Milling & Baking News - February 22, 2011 - 61
Milling & Baking News - February 22, 2011 - 62
Milling & Baking News - February 22, 2011 - 63
Milling & Baking News - February 22, 2011 - 64
Milling & Baking News - February 22, 2011 - Classifieds
Milling & Baking News - February 22, 2011 - 66
Milling & Baking News - February 22, 2011 - 67
Milling & Baking News - February 22, 2011 - 68
Milling & Baking News - February 22, 2011 - Ad Index
Milling & Baking News - February 22, 2011 - Archive
Milling & Baking News - February 22, 2011 - 71
Milling & Baking News - February 22, 2011 - 72
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https://www.nxtbook.com/sosland/mbn/2017_07_04
https://www.nxtbook.com/sosland/mbn/2017_06_20
https://www.nxtbook.com/sosland/mbn/2017_06_06
https://www.nxtbook.com/sosland/mbn/2017_05_23
https://www.nxtbook.com/sosland/mbn/2017_05_09
https://www.nxtbook.com/sosland/mbn/2017_04_25
https://www.nxtbook.com/sosland/mbn/2017_04_11
https://www.nxtbook.com/sosland/mbn/2017_03_28
https://www.nxtbook.com/sosland/mbn/2017_03_14
https://www.nxtbook.com/sosland/mbn/2017_02_28
https://www.nxtbook.com/sosland/mbn/2017_02_14
https://www.nxtbook.com/sosland/mbn/2017_01_31
https://www.nxtbook.com/sosland/mbn/2017_01_17
https://www.nxtbook.com/sosland/mbn/2017_01_03
https://www.nxtbook.com/sosland/mbn/2016_12_20
https://www.nxtbook.com/sosland/mbn/2016_12_06
https://www.nxtbook.com/sosland/mbn/2016_11_22
https://www.nxtbook.com/sosland/mbn/2016_11_08
https://www.nxtbook.com/sosland/mbn/2016_10_25
https://www.nxtbook.com/sosland/mbn/2016_10_11
https://www.nxtbook.com/sosland/mbn/2016_09_27
https://www.nxtbook.com/sosland/mbn/2016_09_13
https://www.nxtbook.com/sosland/mbn/2016_08_30
https://www.nxtbook.com/sosland/mbn/2016_08_16
https://www.nxtbook.com/sosland/mbn/2016_08_02
https://www.nxtbook.com/sosland/mbn/2016_07_19
https://www.nxtbook.com/sosland/mbn/2016_07_05
https://www.nxtbook.com/sosland/mbn/2016_06_21
https://www.nxtbook.com/sosland/mbn/2016_06_07
https://www.nxtbook.com/sosland/mbn/2016_05_24
https://www.nxtbook.com/sosland/mbn/2016_05_10
https://www.nxtbook.com/sosland/mbn/2016_04_26
https://www.nxtbook.com/sosland/mbn/2016_04_12
https://www.nxtbook.com/sosland/mbn/2016_03_29
https://www.nxtbook.com/sosland/mbn/2016_03_15
https://www.nxtbook.com/sosland/mbn/2016_03_01
https://www.nxtbook.com/sosland/mbn/2016_02_16
https://www.nxtbook.com/sosland/mbn/2016_02_02
https://www.nxtbook.com/sosland/mbn/2016_01_19
https://www.nxtbook.com/sosland/mbn/2016_01_05
https://www.nxtbook.com/sosland/mbn/2015_12_22
https://www.nxtbook.com/sosland/mbn/2015_12_08
https://www.nxtbook.com/sosland/mbn/2015_11_24
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https://www.nxtbook.com/sosland/mbn/2015_10_27
https://www.nxtbook.com/sosland/mbn/2015_10_13
https://www.nxtbook.com/sosland/mbn/2015_09_29
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https://www.nxtbook.com/sosland/mbn/2015_09_01
https://www.nxtbook.com/sosland/mbn/2015_08_18
https://www.nxtbook.com/sosland/mbn/2015_08_04
https://www.nxtbook.com/sosland/mbn/2015_07_21
https://www.nxtbook.com/sosland/mbn/2015_07_07
https://www.nxtbook.com/sosland/mbn/2015_06_23
https://www.nxtbook.com/sosland/mbn/2015_06_09
https://www.nxtbook.com/sosland/mbn/2015_05_26
https://www.nxtbook.com/sosland/mbn/2015_05_12
https://www.nxtbook.com/sosland/mbn/2015_04_28
https://www.nxtbook.com/sosland/mbn/2015_04_014
https://www.nxtbook.com/sosland/mbn/2015_03_31
https://www.nxtbook.com/sosland/mbn/2015_03_17
https://www.nxtbook.com/sosland/mbn/mbn/2015_03__03
https://www.nxtbook.com/sosland/mbn/2015_02_17
https://www.nxtbook.com/sosland/mbn/2015_02_03
https://www.nxtbook.com/sosland/mbn/2015_01_20
https://www.nxtbook.com/sosland/mbn/2015_01_06
https://www.nxtbook.com/sosland/mbn/2014_12_23
https://www.nxtbook.com/sosland/mbn/2014_12_09
https://www.nxtbook.com/sosland/mbn/mbn_2014_11_25
https://www.nxtbook.com/sosland/mbn/2014_11_11
https://www.nxtbook.com/sosland/mbn/2014_10_28
https://www.nxtbook.com/sosland/mbn/2014_10_14
https://www.nxtbook.com/sosland/mbn/2014_09_30
https://www.nxtbook.com/sosland/mbn/2014_09_16
https://www.nxtbook.com/sosland/mbn/2014_09_02
https://www.nxtbook.com/sosland/mbn/214_08_19
https://www.nxtbook.com/sosland/mbn/2014_08_01
https://www.nxtbook.com/sosland/mbn/2014_07_22
https://www.nxtbook.com/sosland/mbn/2014_07_08
https://www.nxtbook.com/sosland/mbn/2014_06_24
https://www.nxtbook.com/sosland/mbn/2014_06_10
https://www.nxtbook.com/sosland/mbn/2014_05_27
https://www.nxtbook.com/sosland/mbn/2014_05_13
https://www.nxtbook.com/sosland/mbn/2014_04_29
https://www.nxtbook.com/sosland/mbn/2014_04_15
https://www.nxtbook.com/sosland/mbn/2014_04_01
https://www.nxtbook.com/sosland/mbn/2014_03_18
https://www.nxtbook.com/sosland/mbn/2014_03_04
https://www.nxtbook.com/sosland/mbn/2014_02_18
https://www.nxtbook.com/sosland/mbn/2014_02_04
https://www.nxtbook.com/sosland/mbn/2014_01_21
https://www.nxtbook.com/sosland/mbn/2014_01_07
https://www.nxtbook.com/sosland/mbn/2013_12_24
https://www.nxtbook.com/sosland/mbn/2013_12_10
https://www.nxtbook.com/sosland/mbn/2013_11_26
https://www.nxtbook.com/sosland/mbn/2013_11_12
https://www.nxtbook.com/sosland/mbn/2013_10_29
https://www.nxtbook.com/sosland/mbn/2013_10_15
https://www.nxtbook.com/sosland/mbn/2013_10_01
https://www.nxtbook.com/sosland/mbn/2013_09_17
https://www.nxtbook.com/sosland/mbn/2013_09_03
https://www.nxtbook.com/sosland/mbn/2013_08_20
https://www.nxtbook.com/sosland/mbn/2013_08-06
https://www.nxtbook.com/sosland/mbn/2013_07_23
https://www.nxtbook.com/sosland/mbn/2013_07_09
https://www.nxtbook.com/sosland/mbn/2013_06_25
https://www.nxtbook.com/sosland/mbn/2013_06_11
https://www.nxtbook.com/sosland/mbn/2013_05_28
https://www.nxtbook.com/sosland/mbn/2013_05_14
https://www.nxtbook.com/sosland/mbn/2013_04_30
https://www.nxtbook.com/sosland/mbn/2013_04_16
https://www.nxtbook.com/sosland/mbn/2013_04_02
https://www.nxtbook.com/sosland/mbn/2013_03_19
https://www.nxtbook.com/sosland/mbn/2013_03_05
https://www.nxtbook.com/sosland/mbn/2013_02_19
https://www.nxtbook.com/sosland/mbn/2013_02_05
https://www.nxtbook.com/sosland/mbn/2013_01_22
https://www.nxtbook.com/sosland/mbn/2013_01_08
https://www.nxtbook.com/sosland/mbn/2012_12_25
https://www.nxtbook.com/sosland/mbn/2012_12_11
https://www.nxtbook.com/sosland/mbn/2012_11_27
https://www.nxtbook.com/sosland/mbn/2012_11_13
https://www.nxtbook.com/sosland/mbn/2012_10_30
https://www.nxtbook.com/sosland/mbn/2012_10_16
https://www.nxtbook.com/sosland/mbn/2012_10_02
https://www.nxtbook.com/sosland/mbn/2012_09_18
https://www.nxtbook.com/sosland/mbn/2012_09_04
https://www.nxtbook.com/sosland/mbn/2012_08_21
https://www.nxtbook.com/sosland/mbn/2012_08_07
https://www.nxtbook.com/sosland/mbn/2012_07_24
https://www.nxtbook.com/sosland/mbn/2012_07_10
https://www.nxtbook.com/sosland/mbn/2012_06_26
https://www.nxtbook.com/sosland/mbn/2012_06_12
https://www.nxtbook.com/sosland/mbn/2012_05_29
https://www.nxtbook.com/sosland/mbn/2012_05_15
https://www.nxtbook.com/sosland/mbn/2012_05_01
https://www.nxtbook.com/sosland/mbn/2012_04_17
https://www.nxtbook.com/sosland/mbn/2012_04_03
https://www.nxtbook.com/sosland/mbn/2012_03_20
https://www.nxtbook.com/sosland/mbn/2012_03_06
https://www.nxtbook.com/sosland/mbn/2012_02_21
https://www.nxtbook.com/sosland/mbn/2012_02_07
https://www.nxtbook.com/sosland/mbn/2012_01_24
https://www.nxtbook.com/sosland/mbn/2012_01_10
https://www.nxtbook.com/sosland/mbn/2011_12_27
https://www.nxtbook.com/sosland/mbn/2011_12_13
https://www.nxtbook.com/sosland/mbn/2011_11_29
https://www.nxtbook.com/sosland/mbn/2011_11_15
https://www.nxtbook.com/sosland/mbn/2011_11_01
https://www.nxtbook.com/sosland/mbn/2011_10_18
https://www.nxtbook.com/sosland/mbn/2011_10_04
https://www.nxtbook.com/sosland/mbn/2011_09_20
https://www.nxtbook.com/sosland/mbn/2011_09_06
https://www.nxtbook.com/sosland/mbn/2011_08_23
https://www.nxtbook.com/sosland/mbn/2011_08_09
https://www.nxtbook.com/sosland/mbn/2011_07_26
https://www.nxtbook.com/sosland/mbn/2011_07_12
https://www.nxtbook.com/sosland/mbn/2011_06_28
https://www.nxtbook.com/sosland/mbn/2011_06_14
https://www.nxtbook.com/sosland/mbn/2011_05_31
https://www.nxtbook.com/sosland/mbn/2011_05_17
https://www.nxtbook.com/sosland/mbn/2011_05_03
https://www.nxtbook.com/sosland/mbn/2011_04_19
https://www.nxtbook.com/sosland/mbn/2011_04_05
https://www.nxtbook.com/sosland/mbn/2011_03_22
https://www.nxtbook.com/sosland/mbn/2011_03_08
https://www.nxtbook.com/sosland/mbn/2011_02_22
https://www.nxtbook.com/sosland/mbn/2011_02_08
https://www.nxtbook.com/sosland/mbn/2011_01_25
https://www.nxtbook.com/sosland/mbn/2011_01_11
https://www.nxtbook.com/sosland/mbn/2010_12_28
https://www.nxtbook.com/sosland/mbn/2010_12_14
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https://www.nxtbook.com/sosland/mbn/2010_11_16
https://www.nxtbook.com/sosland/mbn/2010_11_02
https://www.nxtbook.com/sosland/mbn/2010_10_19
https://www.nxtbook.com/sosland/mbn/2010_10_05
https://www.nxtbook.com/sosland/mbn/2010_09_21
https://www.nxtbook.com/sosland/mbn/2010_09_07
https://www.nxtbook.com/sosland/mbn/2010_08_24
https://www.nxtbook.com/sosland/mbn/2010_08_10
https://www.nxtbook.com/sosland/mbn/2010_07_27
https://www.nxtbook.com/sosland/mbn/2010_07_13
https://www.nxtbook.com/sosland/mbn/2010_06_29
https://www.nxtbook.com/sosland/mbn/2010_06_15
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https://www.nxtbook.com/sosland/mbn/2010_05_18
https://www.nxtbook.com/sosland/mbn/2010_05_04
https://www.nxtbook.com/sosland/mbn/2010_04_20
https://www.nxtbook.com/sosland/mbn/2010_04_06
https://www.nxtbook.com/sosland/mbn/2010_03_23
https://www.nxtbook.com/sosland/mbn/2010_03_09
https://www.nxtbook.com/sosland/mbn/2010_02_23
https://www.nxtbook.com/sosland/mbn/2010_02_09
https://www.nxtbook.com/sosland/mbn/2010_01_26
https://www.nxtbook.com/sosland/mbn/2010_01_12
https://www.nxtbook.com/sosland/mbn/2009_12_29
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https://www.nxtbook.com/sosland/mbn/2009_12_01
https://www.nxtbook.com/sosland/mbn/2009_11_17
https://www.nxtbook.com/sosland/mbn/2009_11_03
https://www.nxtbook.com/sosland/mbn/2009_10_20
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https://www.nxtbook.com/sosland/mbn/2009_09_22
https://www.nxtbook.com/sosland/mbn/2009_09_08
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https://www.nxtbook.com/sosland/mbn/2009_08_11
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https://www.nxtbook.com/sosland/mbn/2009_07_14
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https://www.nxtbook.com/sosland/mbn/2009_06_16
https://www.nxtbook.com/sosland/mbn/2009_06_02
https://www.nxtbook.com/sosland/mbn/2009_05_19
https://www.nxtbook.com/sosland/mbn/2009_05_05
https://www.nxtbook.com/sosland/mbn/2009_04_21
https://www.nxtbook.com/sosland/mbn/2009_04_08
https://www.nxtbook.com/sosland/mbn/2009_04_07
https://www.nxtbook.com/sosland/mbn/2009_03_24
https://www.nxtbook.com/sosland/mbn/2009_03_10
https://www.nxtbook.com/sosland/mbn/2009_02_24
https://www.nxtbook.com/sosland/mbn/2009_02_10
https://www.nxtbook.com/sosland/mbn/2009_01_27
https://www.nxtbook.com/sosland/mbn/2009_01_13
https://www.nxtbook.com/sosland/mbn/2008_12_30
https://www.nxtbook.com/sosland/mbn/2008_12_16
https://www.nxtbook.com/sosland/mbn/2008_12_02
https://www.nxtbook.com/sosland/mbn/2008_11_18
https://www.nxtbook.com/sosland/mbn/2008_11_04
https://www.nxtbook.com/sosland/mbn/2008_10_21
https://www.nxtbook.com/sosland/mbn/2008_10_07
https://www.nxtbook.com/sosland/mbn/2008_09_23
https://www.nxtbook.com/sosland/mbn/2008_09_09
https://www.nxtbook.com/sosland/mbn/2008_08_26
https://www.nxtbook.com/sosland/mbn/2008_08_12
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https://www.nxtbook.com/sosland/mbn/2008_07_15
https://www.nxtbook.com/sosland/mbn/2008_07_01
https://www.nxtbook.com/sosland/mbn/2008_06_17
https://www.nxtbook.com/sosland/mbn/2008_06_03
https://www.nxtbook.com/sosland/mbn/2008_05_20
https://www.nxtbook.com/sosland/mbn/2008_05_06
https://www.nxtbook.com/sosland/mbn/2008_04_22
https://www.nxtbook.com/sosland/mbn/2008_04_08
https://www.nxtbook.com/sosland/mbn/2008_04_01
https://www.nxtbook.com/sosland/mbn/2008_03_25
https://www.nxtbook.com/sosland/mbn/2008_03_11
https://www.nxtbook.com/sosland/mbn/2008_02_26
https://www.nxtbook.com/sosland/mbn/2008_02_12
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https://www.nxtbook.com/sosland/mbn/2007_12_18
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https://www.nxtbook.com/sosland/mbn/2007_07_03
https://www.nxtbook.com/sosland/mbn/2007_06_19
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https://www.nxtbook.com/sosland/mbn/2007_05_23
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https://www.nxtbook.com/sosland/mbn/2007_04_10
https://www.nxtbook.com/sosland/mbn/2007_03_27
https://www.nxtbook.com/sosland/mbn/2007_03_13
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https://www.nxtbook.com/sosland/mbn/2007_01_16
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https://www.nxtbook.com/sosland/mbn/2006_12_19
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https://www.nxtbook.com/sosland/mbn/2006_11_21
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https://www.nxtbook.com/sosland/mbn/2006_10_24
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https://www.nxtbook.com/sosland/mbn/2005_07_19
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https://www.nxtbook.com/sosland/mbn/2005_06_21
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https://www.nxtbook.com/sosland/mbn/2005_04_19
https://www.nxtbook.com/sosland/mbn/2005_04_05
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https://www.nxtbook.com/sosland/mbn/2005_03_01
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https://www.nxtbook.com/sosland/mbn/2005_02_15
https://www.nxtbook.com/sosland/mbn/2005_02_08
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https://www.nxtbook.com/sosland/mbn/2005_01_18
https://www.nxtbook.com/sosland/mbn/2005_01_11
https://www.nxtbook.com/sosland/mbn/2005_01_04
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