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General Mills will cut another 700 to 800 jobs
2014-10-02 00:27:17| Agriculture - Topix.net
General Mills Inc. said Tuesday that it will cut 700 to 800 jobs, primarily from its U.S. workforce, in its latest move to hold down costs in the face of disappointing sales. The layoffs will occur before the end of the Golden Valley, Minn.-based company's 2015 fiscal year next May, according to an SEC filing .
General Mills May Outperform
2014-10-01 13:13:18| Food - Topix.net
The company simply dominates the cereal market, and we don't think people are going to stop eating cereal anytime soon. The firm also has a rather large yield to entice investors.
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Value Trap: Why General Mills' Stock May Fall Even More
2014-09-30 21:41:18| Agriculture - Topix.net
The shares, which closed Monday at $51.63, are up 1.4% for the year, compared with a 7% gain for the Standard & Poor's 500 Index . The stock was trading Tuesday morning at $50.45, down 18 cents.
General Mills Investors Reject Proposal Demanding Company Remove GM Ingredients from Products
2014-09-25 21:12:00| Corn & Soybean Digest
Source: National Center for Public Policy Research "The public policy debate over GMOs is riddled with misinformation and highly-sensationalized arguments," said National Center Free Enterprise Project Director Justin Danhof, Esq. "Today's meeting shows that fact-based scientific consensus can trump emotional appeals that are not tethered to science or reason." read more
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General Mills shareholders reject proposal to dump GMOs
2014-09-25 09:33:36| Agriculture - Topix.net
The debate over genetically modified ingredients underscores the tricky road ahead for one of the world's largest food companies, owner of brands such as Pillsbury and Haagen-Dazs The debate over genetically modified ingredients underscores the tricky road ahead for one of the world's largest food companies, owner of brands such as Pillsbury and Haagen-Dazs General Mills Inc. has made strong commitments this year to natural and organic foods. It took genetically modified ingredients out of its signature cereal brand Cheerios and then doubled down on its organic lineup by striking an $820-million deal for Annie's, a stalwart of the organic and natural foods industry.
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