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General Mills shifts 301 Inc focus to investing in early stage food companies
2015-10-23 10:46:00| Food - Topix.net
In a post on the Taste of General Mills blog, 301 Inc vice president and general manager John Haugen said building disruptive new brands in-house was costly and time-consuming, and that making minority investments in fast-growing companies at an early stage in their development made sense strategically. He did not disclose who the venturing arm has invested in yet - aside from Beyond Meat - and said that deals may be structured so General Mills could buy the startup down the road but that this was not a requirement.
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food
early
companies
General Motors Adding 1,200 Assembly Plant Jobs
2015-10-23 00:06:24| Automakers - Topix.net
A second shift will be added to meet the demand for five vehicles produced at the Detroit-Hamtramck Assembly Plant. General Motors is adding more than 1,200 jobs to a new second shift at the, the automaker said in announcement Thursday.
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jobs
adding
plant
General Mills Launches Venture Capital firm for Food Startups
2015-10-22 21:28:00| Food Processing
General Mills is launching a new venture capital arm to nab a stake in small companies that could someday become big players in the grocery market.
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food
capital
firm
General Mills Given Average Recommendation of "Hold" by Analysts
2015-10-22 21:08:40| Agriculture - Topix.net
General Mills has received an average rating of "Hold" from the ten analysts that are covering the company, MarketBeat Ratings reports . Two investment analysts have rated the stock with a sell recommendation, five have assigned a hold recommendation and two have issued a buy recommendation on the company.
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average
hold
recommendation
General Motors CFO says no end soon to challenges in Brazil
2015-10-22 01:05:41| Auto Dealers - Topix.net
DETROIT: General Motors Co Chief Financial Officer Chuck Stevens said on Wednesday the macroeconomic challenges in Brazil will remain in the near term but the company has "huge upside leverage once the macro situation changes" in South America's largest economy. GM's car sales so far in October are up versus a year ago, Stevens said to reporters after the No.
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