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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.
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