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General Mills (GIS) Stock Is Falling on Weak Second Quarter Earnings Guidance

2014-11-08 07:42:58| Food - Topix.net

General Mills also lowered its sales guidance for the year ending in May to a low single-digit growth rate, compared with its previous forecasr for growth in the mid single-digits. The company cited the continued weak food industry trends in the U.S., as well as slowing growth in key emerging markets.

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