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General Mills Given Average Recommendation of "Hold" by Analysts

2015-10-22 21:08:40| Agriculture - Topix.net

General Mills has received an average rating of "Hold" from the ten analysts that are covering the company, MarketBeat Ratings reports . Two investment analysts have rated the stock with a sell recommendation, five have assigned a hold recommendation and two have issued a buy recommendation on the company.

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General Mills' Shareholders Are In For A Good Time

2015-10-19 12:56:30| Agriculture - Topix.net

Company's focus on addressing demand of consumers by making solid growth investments in key brands will help market share grow and revenues improve. Ongoing cost saving plans will deliver decent cost savings to keep GIS's profit margins healthy and earnings growth strong.

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Sugar mills face cartelisation heat

2015-10-19 08:56:15| Sugar Industry News

The Ethanol Blending Programme of the Centre to cut its fuel import bill is in trouble, with the competition watchdog's investigation wing finding evidence of "cartelisation" in the sale of the chemical through bidding.

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General Mills Downgraded by Zacks to Sell

2015-10-19 01:25:01| Agriculture - Topix.net

According to Zacks, "General Mills' first-quarter adjusted earnings of $0.79 per share beat the Zacks Consensus Estimate by 14.5% and increased 30% year over year driven by easy comparisons, cost savings, pricing gains and consumer focused innovation and marketing. Despite 4% growth on a constant currency basis, revenues missed the consensus mark.

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Cheerios gluten-free misstep prompts quick actions by General Mills

2015-10-18 15:22:51| Food - Topix.net

Gluten-free at a glance General Mills announced in February that it would make 90 percent of its Cheerios portfolio -- original, Honey Nut, Frosted, and Apple Cinnamon and Multi Grain -- gluten-free. General Mills' gluten-free Cheerios initiative is the largest of its kind among breakfast cereal makers.

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