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General Mills shifting resources away from Green Giant business

2015-07-03 17:31:04| Agriculture - Topix.net

General Mills acknowledged the weakness in its Green Giant vegetable business Wednesday, taking a $260 million charge as it redirects money to more promising ventures. With the Green Giant asset write-down and other charges, General Mills posted fiscal fourth quarter net earnings of $187 million, or 30 cents per share, down 53 percent from a year ago.

Tags: business general resources green

 

Stop More Giant Truck-Trailers on Your Highways

2015-07-03 12:34:32| Trucking - Topix.net

Are you one of the millions of people in the United States who drives a car every day? How do you react to the trucking industry, whose lobbyists with ample campaign cash swarm over Congress, pressing for a rider to a transportation appropriations bill to be passed to overturn laws in 39 states that currently ban unsafe double 33 foot tractor-trailer combinations? What is your opinion of another provision in this bill to permanently increase truck driver working and driving hours up to 82 hours per week, abolishing the "weekend off" for two nights of restorative rest? Or what is your view of various exemptions that allow current federal truck weight limits of 80,000 lbs.

Tags: your stop giant highways

 
 

Green Giant squashes General Mills profits

2015-07-01 19:54:59| Food - Topix.net

General Mills Inc. reported weaker-than-expected sales for the fourth quarter of fiscal 2015 and said profits were cut in half as it took a big asset-impairment charge related to its Green Giant vegetable business. The Golden Valley-based company reported earnings of $186.8 million , or 30 cents per share, for the quarter, down from $404.6 million, or 65 cents per share, in the same period a year ago.

Tags: general green giant profits

 

Pharma giant GlaxoSmithKline reveals $175K in perks paid to hundreds of Triangle doctors

2015-07-01 16:27:35| Biotech - Topix.net

The material on this site may not be reproduced, distributed, transmitted, cached or otherwise used, except with the prior written permission of American City Business Journals. Last year, 244 doctors in Raleigh, Durham and Chapel Hill received a combined $175,797 from drug maker GlaxoSmithKline .

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Green Giant squashes General Mills profits

2015-07-01 15:18:37| Agriculture - Topix.net

General Mills Inc. reported weaker-than-expected sales for the fourth quarter of fiscal 2015 and said profits were cut in half as it took a big asset-impairment charge related to its Green Giant vegetable business. The Golden Valley-based company reported earnings of $186.8 million , or 30 cents per share, for the quarter, down from $404.6 million, or 65 cents per share, in the same period a year ago.

Tags: general green giant profits

 

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