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Stock Market & Financial Investment News

News Breaks
March 17, 2014
07:15 EDTGISGeneral Mills Q3 EPS estimate lowered below consensus at RBC Capital
After General Mills said it expects Q3 volume to be down about 1%, RBC Capital cut its Q3 EPS estimate for the company to 62 from 68c, primarily because of increased expenses. However, the firm maintained its FY14 EPS estimate and continues to expect the company's stock to be driven higher by improvements in its core products, along with lower input costs. It keeps an Outperform rating on the stock.
News For GIS From The Last 14 Days
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October 13, 2014
17:24 EDTGISS&P announces changes to the S&P MidCap 400 and S&P SmallCap 600 indices
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07:15 EDTGISNational Association of Corporate Directors to hold a conference
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October 6, 2014
17:01 EDTGISGeneral Mills confirms antitrust clearance for Annie's acquisition
General Mills (GIS) announced that on October 3, the U.S. Federal Trade Commission granted early termination of the required waiting period under the Hart-Scott-Rodino Antitrust Improvements Act of 1976, as amended. With the receipt of this clearance, the condition of the announced tender offer for all issued and outstanding shares of common stock of Annie's (BNNY) at a price of $46.00 per share with respect to clearance under applicable antitrust and competition laws has been completely satisfied. The Offer remains subject to the satisfaction of certain other conditions. The Offer is scheduled to expire at 12:00 midnight, New York City time, at the end of the day on Monday, October 20, unless extended.
16:49 EDTGISGeneral Mills receives antitrust clearance for acquisition of Annie's
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