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General Mills shifting resources away from Green Giant business
2015-07-03 18:02:58| Food - Topix.net
General Mills acknowledged the weakness in its Green Giant vegetable business Wednesday, taking a $260 million charge as it redirects money to more promising ventures. With the Green Giant asset write-down and other charges, General Mills posted fiscal fourth quarter net earnings of $187 million, or 30 cents per share, down 53 percent from a year ago.
Tags: business
general
resources
green
General Mills shifting resources away from Green Giant business
2015-07-03 17:31:04| Agriculture - Topix.net
General Mills acknowledged the weakness in its Green Giant vegetable business Wednesday, taking a $260 million charge as it redirects money to more promising ventures. With the Green Giant asset write-down and other charges, General Mills posted fiscal fourth quarter net earnings of $187 million, or 30 cents per share, down 53 percent from a year ago.
Tags: business
general
resources
green
General Electric: Are Antitrust Concerns Limiting GE's Share Prospects?
2015-07-03 00:27:38| Appliances - Topix.net
Electrolux agreed last year to buy General Electric's appliance business for $3.3 billion in order to attack rival Whirlpool. General Electric caused a bit of a stir when it announced that it would sell off most of its assets held within GE Capital earlier this year.
Tags: general
share
concerns
electric
Elekta Nomination Committeea s Proposed Board of Directors for the 2015 Annual General Meeting
2015-07-02 03:24:13| Appliances - Topix.net
The Nomination Committee of Elekta AB proposes that the 2015 Annual General Meeting re-elect Board members Laurent Leksell, Luciano Cattani, Siaou-Sze Lien, Wolfgang Reim, Jan Secher, Birgitta Stymne Goransson and Tomas Puusepp, and elect Johan Malmqvist and Annika Espander Jansson as directors of the Board. It is proposed that Laurent Leksell be re-elected as Chairman of the Board.
Tags: general
board
meeting
annual
Green Giant squashes General Mills profits
2015-07-01 19:54:59| Food - Topix.net
General Mills Inc. reported weaker-than-expected sales for the fourth quarter of fiscal 2015 and said profits were cut in half as it took a big asset-impairment charge related to its Green Giant vegetable business. The Golden Valley-based company reported earnings of $186.8 million , or 30 cents per share, for the quarter, down from $404.6 million, or 65 cents per share, in the same period a year ago.
Tags: general
green
giant
profits
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