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General Mills cost-cutting starts with two factory closures

2014-09-18 21:41:06| Food - Topix.net

The Golden Valley-based food maker plans to close a yogurt manufacturing facility in Methuen, Mass., and a cereal-making operation in Lodi, Calif. Just 24 hours earlier, top executives at General Mills said they would roll out a plan called "Project Century" to cut $100 million from its North American manufacturing and supply chain network starting this quarter.

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General Mills misses Street 1Q forecasts

2014-09-17 15:36:51| Food - Topix.net

On a per-share basis, the Minneapolis-based company said it had profit of 55 cents. Earnings, adjusted for non-recurring costs and restructuring costs, were 61 cents per share.

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General Mills, Allianz score spots on Working Mother's top 100 employers list

2014-09-17 00:19:49| Food - Topix.net

General Mills was ranked in the top 10 for its generous parental leave, flexible work schedule and on-site day care. General Mills Inc. and Allianz Life Insurance have been named two of the 100 Best Companies for workplace flexibility by Working Mother magazine.

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General Mills (GIS) to Release Quarterly Earnings on Wednesday

2014-09-16 11:19:57| Agriculture - Topix.net

General Mills will announce its Q115 earnings results on Wednesday, September 17th. Analysts expect the company to post earnings of $0.69 per share and revenue of $4.38 billion for the quarter.

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General Mills Focuses On Top-Line Growth On Its Way To Earning A Bullish Thesis

2014-09-14 20:48:34| Food - Topix.net

I reiterate my bullish stance on General Mills ; the company's impressive product innovation pipeline and acquisition of Annie's portends well for its top-line growth in the future. Also, the company has been making efforts to reduce costs, which will fuel its EPS growth.

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