Alerts in the last 24 hours

No Personalised Alerts!

To see personalised alerts you need to be logged in.

Log In

General Mills Inc Add to portfolio

INX:GIS, Jun 25, 06:35 UTC

Latest INX:GIS News

Filter your feed

Apply Filter

Yesterday


News

3 Keys to General Mills' Upcoming Earnings

GIS

3 Keys to General Mills' Upcoming Earnings. Asit Sharma, The Motley FoolMotley FoolJune 24, 2019, 10:09 PM UTC. General Mills(NYSE: GIS) shares have jumped by 19% over the past 12 months, but when you factor in the consumer packaged goods (CPG) conglomerate's ample 3.6% dividend, shareholders have enjoyed a 24% total return over the one-year period. The company's rise partially reflects shareholders' endorsement of its $8 billion acquisition of Blue Buffalo Pet Products in late April 2018, by which it obtained depth in one of the faster-growing CPG product categories. But investors have also warmed to the company's commitment to balanced top- and-bottom-line growth. Given that General Mills adjusted its targets with just one quarter remaining in the fiscal year, there's a high probability that it will meet its guidance ranges.

Read Full Details

Topics:
  • Business
  • Financial

Thursday, June 20


News

Signal Says General Mills Stock Could Stay Hot

GIS

At last check, GIS is up 0.8% to trade at $53.79 today, and earlier nabbed a new annual high of $53.89. Per data from Schaeffer's Senior Quantitative Analyst Chris Prybal, the four other times since 2008 that GIS was trading within 2% of a new 52-week high while its SVI was ranked in the bottom 20th percentile of its annual range, the equity averaged a one-month gain of 6.4%, and was positive three times. Over the past two years, the shares have swung an average of 4.2% the day after earnings, regardless of direction. But today, option traders are pricing in an even wider swing of 6.5% for the stock, based on near-term at-the-money straddle data. The good news for options traders is that GIS has already shown a tendency to make bigger moves than options traders were expecting in the past year, based on its Schaeffer's Volatility Scorecard (SVS) of 86 out of a possible 100.

Read Full Details

Topics:
  • Business
  • Financial
News

General Mills Reaps Strategic Advantage As 'Shipper Of Choice'

GIS

Getting trucking right is particularly important for a company like General Mills (NYSE:GIS), which has faced so much cost pressure from this aspect of its supply chain in the recent past. "General Mills believes being a shipper of choice is a strategic advantage and we strive to continually improve both the driver experience and our engagement model," the company said in response to questions from FreightWaves. "We engage with our shipping locations across our network to ensure safe and driver-friendly experiences," it explained, adding, "We also continually work across our supply chain to enable and improve freight characteristics including dwell times, network densities and drop trailers." "General Mills remains committed to strategic partnerships where we can engage in transparent conversations to identify mutual productivity gains and collaborate on solutions to address headwinds," it told FreightWaves.

Read Full Details

Topics:
  • Business
  • Financial
  • Science

Tuesday, June 18


News

Acquisition Will Likely Boost General Mills’ Q4 Sales

GIS

Wall Street expects General Mills (GIS) to report net sales of $4.2 billion in the fourth quarter, which implies growth of 8.8% year-over-year. Will the company’s net sales to continue to gain from its Blue Buffalo acquisition?

Read Full Details

Topics:
  • Business
  • Financial

Monday, June 17


News

Faruqi & Faruqi, LLP is Investigating General Mills, Inc. (GIS) on Behalf of its Shareholders

GIS

NEW YORK, June 17, 2019 /PRNewswire/ -- Faruqi & Faruqi, LLP, a leading national securities law firm, is investigating potential misconduct at General Mills, Inc. ("General Mills" or the "Company") (GIS). The investigation focuses on whether the Company's Board of Directors and/or its officers breached their fiduciary duties. Take Action. If you currently own General Mills stock and have continuously owned General Mills stock and would like to discuss your legal rights, please visit www.faruqilaw.com/GIS. Faruqi & Faruqi, LLP also encourages anyone with information regarding General Mills' conduct to contact the firm, including whistleblowers, former employees, shareholders and others.

Read Full Details

Topics:
  • Business
  • Financial
  • Science

Wednesday, June 05


News

General Mills to Webcast Two Upcoming Investor Briefings

GIS

General Mills, Inc. (GIS) plans to webcast two upcoming investor presentations. A press release will be issued that morning, followed by a webcast discussion of those results beginning at 7:30 a.m. CDT (8:30 a.m. EDT). General Mills also plans to hold its annual Investor Day event on Tuesday, July 9, 2019, when the company will brief investors on its plans for fiscal 2020. Headquartered in Minneapolis, Minnesota, USA, General Mills generated fiscal 2018 proforma net sales of U.S. $17.0 billion, including $1.3 billion from Blue Buffalo.

Read Full Details

Topics:
  • Business
  • Financial
News

3 Big Stock Charts for Wednesday: eBay, General Mills and Intel

GIS EBAY

Salesforce (NYSE:CRM) was one of the most noteworthy winners, rallying 4% during the regular session and adding another 2% in after-hours action following an impressive Q1 print that was followed by an equally impressive revenue outlook for the full year. General Mills (GIS). When we last looked at General Mills back on May 30, a big plunge was actually looking like a setup for a big bounce. That rebound effort took shape, pushing up and off the gray 100-day moving average line, closing the gap to boot. But, the shape and placement of yesterday’s bar has all the telltale signs that a pivot out of that uptrend and back into a downtrend may be in the works. What happens today will be a major clue as to what’s in the cards. eBay (EBAY). As of Monday, eBay shares were back to the brink of a key collapse. As has been the case several times since March, however, the stock was able to push off of a now-established technical floor.

Read Full Details

Topics:
  • Business
  • Financial

Tuesday, June 04


News

General Mills to Webcast Presentation at the dbAccess Global Consumer Conference

GIS

General Mills to Webcast Presentation at the dbAccess Global Consumer Conference. General Mills, Inc. (GIS) announced today that Chief Financial Officer Don Mulligan will present at the dbAccess Global Consumer Conference on Tuesday, June 11 in Paris. A live webcast of the presentation is scheduled to begin at 2:45 p.m. CET (8:45 a.m. EDT). Headquartered in Minneapolis, Minnesota, USA, General Mills generated fiscal 2018 proforma net sales of U.S. $17.0 billion, including $1.3 billion from Blue Buffalo.

Read Full Details

Topics:
  • Business
  • Financial
  • Entertainment

Thursday, May 30


News

3 Big Stock Charts for Thursday: General Mills, Iron Mountain and PayPal

GIS PYPL

Just to frustrate investors even more than they already are, the market’s key indices brushed their pivotal 200-day moving average line on Wednesday, and closed right above them rather than breaking below them or pushing well off of them. The S&P 500’s last trade at 2,783.02, down 0.69%, was right in the middle of its narrow daily range, and right at the 200-day moving average line at 2,775.71. Source: Allan Ajifo via Wikimedia (Modified). It was China’s electric car maker Nio (NYSE:NIO) that suffered the most noteworthy loss though, falling more than 9% on the heels of a disappointing Q1 that prompted at least one downgrade of the already-struggling company. Some names managed to make forward progress, but none were as impressive as Cypress Semiconductor (NASDAQ:CY). Headed into today’s action, however, it’s stock charts of General Mills (NYSE:GIS), Iron Mountain (NYSE:IRM) and PayPal Holdings (NASDAQ:PYPL) that are worth the closest looks.

Read Full Details

Topics:
  • Business
  • Financial

Wednesday, May 29


News

Why General Mills, CalAmp, and Evolent Health Slumped Today

GIS

Investors had hoped that the U.S. and China would be able to reach a resolution on all the trade problems that have gradually worsened over the past several months, but today's comments suggesting that the Chinese government could limit access to materials essential for manufacturing mobile devices and batteries only ratcheted up tensions. General Mills takes a Goldman hit... Shares of General Mills fell nearly 6% after analysts at Goldman Sachs downgraded the food giant. The analysts admitted that General Mills has been able to do a good job of overcoming some of the difficulties facing the food industry, and that's helped to boost the stock's price dramatically in recent months. Yet with the share price now approaching levels not seen in several years, Goldman thinks that General Mills could face risks that outweigh any further reward from investing in the stock. CalAmp has made a lot of progress moving toward a business model that's more reliant on recurring revenue, and after going through a tough period, investors had appeared ready to accept that the strategic move was starting to pay off. Yet Goldman sounds concerned that cyclical headwinds could hurt CalAmp's hardware business at exactly the wrong time, and investors don't seem prepared to deal with that added pressure on the company.

Read Full Details

Topics:
  • Business
  • Financial