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Stock Market & Financial Investment News

News Breaks
October 15, 2012
09:54 EDTGISGeneral Mills and Nestle will reduce sugar and salt in cereals, Reuters reports
General Mills (GIS) and Nestle SA will reformulate 20 popular cereals by 2015, aiming for a sugar reduction of 24% and a sodium reduction of 12%, reports Reuters. Reference Link
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June 10, 2013
16:53 EDTGISGeneral Mills raises FY13 adjusted EPS guidance to $2.68-$2.69 from $2.66-$2.68
Consensus is for FY13 EPS of $2.70. In conjunction with remarks this week at the Deutsche Bank Global Consumer Conference, General Mills said it now expects to deliver FY13 adjusted diluted EPS of $2.68-$2.69. The company's previous guidance was $2.66-$2.68. General Mills' FY13 ended May 26. The company also reiterated guidance for FY14 of high single-digit growth in adjusted diluted EPS and increased cash returns to shareholders.

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