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General Mills And Coca-Cola Have Much In Common

2014-12-19 05:56:26| Agriculture - Topix.net

While General Mills and Coca-Cola have grown exceptionally for decades, they have both stumbled during the last 2 years. Amid lack of growth projects, the managements of the two companies have initiated wide restructuring programs in order to reduce their costs.

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On the money: General Mills "priority" categories see share improvement

2014-12-18 16:36:19| Agriculture - Topix.net

General Mills has reported market share growth across its three "priority" categories in the US - cereal, yoghurt and snacks - but sluggish sector sales trends and continuing under-performance from struggling areas of its portfolio continue to hit the group's US retail business. Second-quarter sales fell 1%, excluding currency, the group revealed yesterday .

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General Mills earnings drop one-third

2014-12-18 14:35:58| Food - Topix.net

The company said operating profit fell 35.8% to US$559m in the three months to 24 November. Restructuring costs rose to $214.6m, compared to $700,000 in the year ago period.

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General Mills earnings drop one-third

2014-12-18 13:33:40| Agriculture - Topix.net

The company said operating profit fell 35.8% to US$559m in the three months to 24 November. Restructuring costs rose to $214.6m, compared to $700,000 in the year ago period.

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General Mills profit beats estimates due to cost cuts

2014-12-18 06:31:44| Food - Topix.net

General Mills Inc, the maker of Cheerios cereal and Betty Crocker cake mixes, reaffirmed its full-year forecast and reported a better-than-expected profit as it cut costs to battle weak sales in the United States. General Mills has embarked on a cost-saving program that aims to save more than $400 million in fiscal 2015.

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