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General Mills faces class action over toxic solvent contamination

2015-03-17 22:59:45| Food - Topix.net

The class action will be split into two phases - one to address liability issues and the second to consider damages General Mills is being sued by a group of Minneapolis residents over its poor waste disposal of toxic cleaning solvents at an old R&D center more than 50 years ago. A district judge ruled the case could proceed as a class action against General Mills following claims from a group of residents that vapors of the carcinogen trichloroethylene were present in homes and threatening inhabitants and business owners in the area.

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What to Expect When General Mills (GIS) Reports Earnings Results Tomorrow

2015-03-17 16:50:01| Agriculture - Topix.net

Analysts are expecting the branded consumer foods manufacturer and marketer to post a year-over-year increase in earnings and revenue for the most recent quarter. General Mills has been forecast to report earnings of 67 cents per share on revenue of $4.35 billion for the 2015 third quarter.

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General Mills: Out Goes Gluten, In Comes More Fiber, Protein And Whole Grains

2015-03-16 14:01:03| Agriculture - Topix.net

The company is making corporate structural changes that will allow it to behave more like its smaller competitors, making better decisions faster. The company is addressing healthier and more natural foods trends, but they need to consider what to do with many of their fading legacy products.

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Avoid General Mills Into Earnings On Wednesday

2015-03-16 09:56:32| Agriculture - Topix.net

General Mills has quite the tall task ahead of it. The packaged food maker is set to report earnings on Wednesday of this upcoming week, and GIS has been among other processed food companies in having trouble appealing to younger consumers and growing.

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General Mills' Yoplait yogurt business looking healthier

2015-03-15 23:27:27| Agriculture - Topix.net

A new product from Yoplait called Plenti, a Greek yogurt with oats, nuts and seeds blended in, is one of General Mills' new items to boost business. Sales are growing again.

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