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General Mills to Nix Faux Colors, Flavors

2015-07-07 18:00:03| Agriculture - Topix.net

Magically delicious cereal maker General Mills will take some of the mystery out of its ingredients as the Lucky Charms and Trix purveyor said that it will remove artificial flavors and colors from its cereals by 2017. Ketchum is aiding GM on the PR front with the decision, which GM said was hastened by consumer demand and follows revenue declines in the segment.

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June's top stories: US chicken legs to re-enter Jordan market, General Mills to cut up to 725 jobs

2015-07-07 11:37:00| Food Processing Technology

Chicken legs from the US will be sold in Jordan markets again following the scrapping of a packaging rule by the Middle Eastern country, while General Mills, known for manufacturing Cheerios, Bisquick and Yoplait, will cut 675 to 725 jobs in an attem

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General Mills Needs A 'Lucky Charm' After That Revenue Miss

2015-07-06 11:22:09| Agriculture - Topix.net

Okay, I get it that nobody is perfect, not even a behemoth like General Mills . However, when a company like that goes out of its way to "reaffirm" fiscal year guidance with only 13 days left in the fiscal year, you should be able to take that guidance to the bank.

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General Mills shifting resources away from Green Giant business

2015-07-03 18:02:58| Food - 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.

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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.

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