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Stock Market & Financial Investment News

News Breaks
February 19, 2013
06:46 EDTGISGeneral Mills: FY14 plans call for returning more cash to shareholders
The company says "Our plans for fiscal 2014 call for returning greater levels of cash to shareholders through both increased share repurchase activity and dividend growth." Repurchase activity is expected to reduce the average number of diluted shares outstanding by 2 percent in fiscal 2014.
News For GIS From The Last 14 Days
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November 25, 2015
05:43 EDTGISGeneral Mills to use only cage-free eggs by 2025, Reuters reports
General Mills plans to use only cage-fee eggs in its U.S. operations by 2025, reports Reuters. The company had said it was working toward using cage-free eggs in its products in July, but this is a the first time a packaged food company has given a timeline. Reference Link
November 18, 2015
09:06 EDTGISHain Celestial weakness looks overdone, says Bernstein
Bernstein notes that Hain Celestial (HAIN) is now trading at a lower valuation than a number of "ostensibly more challenged food companies like" Kellogg (K) and General Mills (GIS). The firm expects the company to benefit over the longer term from current food trends. It trimmed its price target on the name to $50 from $60 and keeps an Outperform rating.

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