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, Feb 16, 06:17 UTC

Latest INX:GIS News

Filter your feed

Apply Filter

Yesterday


News

General Mills to close California yogurt making facility as part of restructuring

GIS

General Mills Inc. disclosed Friday that it will close its yogurt manufacturing facility in Carson, Calif., as part of a new restructuring program approved earlier this week. The consumer foods company said it expects to incur about $130 million in expenses, including $25 million in severance costs, as part of the restructuring, which will focus on consolidating production and "optimizing" labor, logistics and manufacturing operations. The expenses will also include about $105 million in exit and project-related costs, primarily asset write-offs. The stock has tumbled 22% over the past 12 months, while the SPDR Consumer Staple Select Sector ETF has slipped 2.8% and the S&P 500 has gained 0.5%.

Read Full Details

Topics:
  • Business
  • Financial

Wednesday, February 13


News

Recent Analysis Shows General Mills, Paycom Software, Invitae, Jagged Peak Energy, John B. Sanfilippo & Son, and Intrepid Potash Market Influences — Renewed Outlook, Key Drivers of Growth

GIS

The new research reports from Fundamental Markets, available for free download at the links above, examine General Mills, Inc. (GIS), Paycom Software, Inc. (PAYC), Invitae Corporation (NVTA), Jagged Peak Energy Inc. (JAG), John B. Sanfilippo & Son, Inc. (JBSS), and Intrepid Potash, Inc (IPI) on a fundamental level and outlines the overall demand for their products and services in addition to an in-depth review of the business strategy, management discussion, and overall direction going forward. Please download the entire research report, free of charge, to ensure you are reading all relevant material information. The estimated EPS forecast for the next fiscal year is $3.28 and is expected to report on June 26th, 2019. John B. Sanfilippo & Son's Recent Financial Performance. For the three months ended December 31st, 2018 vs December 31st, 2017, John B. Sanfilippo & Son reported revenue of $253.32MM vs $258.81MM (down 2.12%) and analysts estimated basic earnings per share $0.99 vs $0.67 (up 47.76%). For the twelve months ended June 30th, 2018 vs June 30th, 2017, John B. Sanfilippo & Son reported revenue of $888.60MM vs $846.64MM (up 4.96%) and analysts estimated basic earnings per share $2.85 vs $3.19 (down 10.66%).

Read Full Details

Topics:
  • Business
  • Financial

Friday, February 08


News

New Research: Key Drivers of Growth for Merck & Co., ON Semiconductor, General Mills, Prudential Financial, Nanometrics, and Echo Global Logistics — Factors of Influence, Major Initiatives and Sustained Production

GIS PRU +1 more GIS PRU PRU

The new research reports from Market Source Research, available for free download at the links above, examine Merck & Co., Inc. (NYSE:MRK), ON Semiconductor Corporation (NASDAQ:ON), General Mills, Inc. (NYSE:GIS), Prudential Financial, Inc. (NYSE:PRU), Nanometrics Incorporated (NASDAQ:NANO), and Echo Global Logistics, Inc. (NASDAQ:ECHO) on a fundamental level and outlines the overall demand for their products and services in addition to an in-depth review of the business strategy, management discussion, and overall direction going forward. Please download the entire research report, free of charge, to ensure you are reading all relevant material information. ON Semiconductor's Recent Financial Performance. For the three months ended September 30th, 2018 vs September 30th, 2017, ON Semiconductor reported revenue of $1,541.70MM vs $1,390.90MM (up 10.84%) and analysts estimated basic earnings per share $0.39 vs $0.26 (up 50.00%). For the twelve months ended December 31st, 2017 vs December 31st, 2016, ON Semiconductor reported revenue of $5,543.10MM vs $3,906.90MM (up 41.88%) and analysts estimated basic earnings per share $1.92 vs $0.44 (up 336.36%). Market Source Research's team is comprised of financial professionals, many of which hold Chartered Financial Analyst® (CFA®) designations and FINRA® BrokerCheck® certifications. Whether identifying emerging trends, or discovering new opportunity, the team at Market Source Research is dedicated to providing accurate, informative, and objective content that's ahead of the curve.

Read Full Details

Topics:
  • Business
  • Financial

Wednesday, February 06


News

General Mills (GIS) Dips More Than Broader Markets: What You Should Know

GIS

General Mills (GIS) closed the most recent trading day at $43.85, moving -1.7% from the previous trading session. Heading into today, shares of the maker of Cheerios cereal, Yoplait yogurt and other packaged foods had gained 8.57% over the past month, outpacing the Consumer Staples sector's gain of 6.23% and the S&P 500's gain of 8.17% in that time. Looking at the full year, our Zacks Consensus Estimates suggest analysts are expecting earnings of $3.08 per share and revenue of $16.94 billion. These recent revisions tend to reflect the evolving nature of short-term business trends. As a result, we can interpret positive estimate revisions as a good sign for the company's business outlook.

Read Full Details

Topics:
  • Business
  • Financial
News

Worldwide Legumes Market Forecast 2019-2023: Key Players are Archer Daniels Midland, B&G Foods, Conagra Brands, Eden Foods, and General Mills - ResearchAndMarkets.com

GIS

Worldwide Legumes Market Forecast 2019-2023: Key Players are Archer Daniels Midland, B&G Foods, Conagra Brands, Eden Foods, and General Mills - ResearchAndMarkets.com. DUBLIN--(BUSINESS WIRE)--The "Global Legumes Market 2019-2023" report has been added to ResearchAndMarkets.com's offering. Legumes such as chickpeas, peas, and beans are considered healthy snacking items. For instance, chickpeas are healthy snacks and simple to prepare. The market appears to be fragmented and with the presence of several companies including EDEN FOODS and General Mills, the competitive environment is quite intense.

Read Full Details

Topics:
  • Business
  • Health

Tuesday, February 05


News

General Mills Quarterly Dividend Declared

GIS

MINNEAPOLIS, Feb. 5, 2019 /PRNewswire/ -- The General Mills Board of Directors today declared a quarterly dividend at the prevailing rate of $0.49 per share, payable May 1, 2019, to shareholders of record as of April 10, 2019. General Mills (GIS) and its predecessor company have paid dividends without interruption for 120 years. General Mills is a leading global food company that serves the world by making food people love. 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

Monday, January 28


News

General Mills Recalls Five Pound Bags of Gold Medal Unbleached Flour

GIS

Barnegat / Waretown - 08005 Barnegat - 08005 Waretown - Basking Ridge - 07920 Liberty Corner - 07938 West Millington - 07946 Bayonne - 07002 Belmar / Lake Como - 07719 Belmar - 07719 Lake Como - 07719 Berkeley Heights - 07922 Bloomfield - 07003 Bridgewater / Raritan - 08807 Bridgewater - 08807 Raritan - 08869 Camden - 08030 Chatham - 07928 Clark - 07066 Cranford - 07016 Daniel Island - 29492 Denville - 07834 East Brunswick - 08816 East Hanover / Florham Park - 07936 East Hanover - 07936 Florham Park - 07932 East Orange / Orange - 07017 Edison - 08817 Elizabeth - 07202 Fair Lawn / Glen Rock - 07410 Fair Lawn - 07470 Glen Rock - 07452 Flemington / Raritan - 08822 Flemington - 08822 Raritan Township (Hunterdon County) - 08822 Franklin Township - 08873 Greater Olean - 14760 Allegany - 14706 Carrollton - 14753 Cuba - 14727 Hinsdale - 14743 Portville - 14770 Hackensack - 07601 Hasbrouck Heights / Wood - Ridge / Teterboro - 07604 Hasbrouck Heights - 07604 Teterboro - 07608 Wood-Ridge - 07075 Hawthorne - 07506 Hillsborough - 08844 Hillside - 07205 Holmdel & Colts Neck - 07733 Colts Neck - 07722 Holmdel - 07733 Katonah / Lewisboro - 10536 Lewisboro - 10590 Linden - 07036 Livingston - 07039 Lower Merion & Narberth - 19096 Delaware County - 19063 Philadelphia County - 19019 Lower Merion - Narberth - Ardmore - 19003 Merion - 19066 Overbrook Hills - 19151 Bala Cynwyd - 19004 Belmont Hills - 19004 Rosemont - 19010 Villanova - 19010 Wynnewood - 19003 Bryn Mawr - 19010 Gladwyne - 19035 Haverford - 19003 Penn Valley - 19072 Penn Wynne - 19096 Madison - 07940 Mahopac - 10541 Middletown - 07748 Millburn / Short Hills - 07041 Milltown / Spotswood - 08850 Milltown - 08850 Spotswood - 08884 Montclair - 07042 Montville - 07045 Pine Brook - 07058 Towaco - 07082 Morristown - 07960 Mountainside - 07092 Newark - 07102 New Brunswick - 08901 New Providence - 07974 Newton - 07860 Andover Township - 07821 Fredon Township - 07860 Green Township - 07821 Hampton Township - 07860 Stillwater Township - 07875 North Plainfield / Green Brook / Watchung - 07060 Green Brook - 08812 North Plainfield - 07062 Watchung - 07069 North Salem - 10560 Nutley - 07110 Paramus - 07653 Parkland - 33076 Parsippany - 07054 Passaic Valley - 07424 Little Falls - 07424 Totowa - 07512 Woodland Park - 07424 Paterson - 07500 Piscataway - 08854 Plainfield - 07060 Randolph - 07869 Red Bank - 07701 Roselle / Roselle Park - 07204 Roxbury - 07852 Scotch Plains / Fanwood - 07076 SOMA - 07079 Maplewood - 07040 South Orange - 07079 Somers - 10589 Somerset Hills - 07924 Bedminster - 07921 Bernardsville - 07924 Far Hills - 07931 Peapack-Gladstone - 07924 Somerville - 08876 South Brunswick - 08810 South Plainfield - 07080 Sparta - 07871 Andover Borough - 07821 Andover Township - 07821 Byram Township - 07874 Franklin Borough - 07416 Hardyston - 07419 Springfield - 07081 Stafford / LBI - 08008 Long Beach Island - 08008 Stafford - 08050 Summit - 07901 Union - 07083 Verona / Cedar Grove - 07044 Cedar Grove - 07009 Verona - 07044 Warren - 07059 West Essex - 07006 Caldwell - 07006 Essex Fells - 07021 Fairfield - 07004 North Caldwell - 07006 Roseland - 07068 West Caldwell - 07007 Westfield - 07090 West Orange - 07052 Yorktown - 10598. "Food safety is our top priority, and though we have not had any confirmed illnesses, we are voluntarily recalling this specific lot of Gold Medal Unbleached Flour to prevent potential illnesses," said Jim Murphy, President of General Mills Meals and Baking Division. "This recall does not involve any other flour products, and we are continuing to educate consumers that flour is not a 'ready to eat' ingredient. Anything you make with flour must be cooked or baked before eating." PISCATAWAY, NJ -- The Scotch Plains-Fanwood girls swim team came from 10 points behind midway through the meet to overtake Westfield and win their 5th consecutive Union County Championship at Rutgers' Sonny Werblin Pool on Sunday.

Read Full Details

Topics:
  • Business
  • Health
  • Entertainment
  • Science
  • Financial

Thursday, January 24


News

General Mills Flour Recall 2019: Why You Should Check Your Pantry!

GIS

This recall has to do with a risk of salmonella being found in certain General Mills (NYSE:GIS) Gold Medal flour. The good news is that this recall only affects five-pound bags of Gold Medal flour with a better if used by date of April 20, 2020. According to the U.S. Food and Drug Administration, some of the bags in the General Mills flour recall 2019 were found to contain salmonella during a test of the product. You can learn more about the General Mills flour recall 2019 by following this link. As of this writing, William White did not hold a position in any of the aforementioned securities.

Read Full Details

Topics:
  • Business
  • Health
Social Chatter

General Mills Inc (INX:GIS) social chatter is higher than usual

GIS
General Mills is recalling some of its five-pound bags of its Gold Medal Unbleached Flour due to possible presence of Salmonella. Company adds the obvious. Flour is not a "ready to eat" ingredient. But investors dust off the news. $GIS actually up 1% #premarket.
News

General Mills announces flour recall, reminds consumers that flour isn't 'ready-to-eat'

GIS

General Mills Inc. has issued a national voluntary recall of five-pound bags of Gold Medal Unbleached Flour with a use-by date of April 20, 2020 due to potential presence of salmonella. General Mills also used the recall announcement to remind consumers that "flour is not a 'ready-to-eat ingredient.'" "Salmonella is killed by heat through baking, frying, sauteing or boiling products made with flour," the announcement said. General Mills shares have taken a nearly 27% tumble over the past year while the S&P 500 index is down 7% for the period.

Read Full Details

Topics:
  • Business
  • Financial
  • Science