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Cramer Q&A - He Says General Mills Still a Stock to Hold for Long-Term

2015-12-17 20:12:47| Agriculture - Topix.net

General Mills is a still a stock to hold for the long term, even as the company missed on earnings due to a slump in cereal sales, according to Jim Cramer. Cramer likes that the company bought back stock in the first half of the year, and that the company is taking action like getting rid of the Green Giant label.

Tags: to for general stock

General Mills meets 2Q profit forecasts

2015-12-17 15:01:11| Agriculture - Topix.net

The Minneapolis-based company said it had profit of 87 cents per share. Earnings, adjusted for non-recurring gains, came to 82 cents per share.

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General Mills meets 2Q profit forecasts

2015-12-17 14:58:00| Food - Topix.net

The Minneapolis-based company said it had profit of 87 cents per share. Earnings, adjusted for non-recurring gains, came to 82 cents per share.

Tags: general profit meets mills

UPDATE 1-General Mills cuts full-year sales forecast

2015-12-17 14:00:42| Agriculture - Topix.net

Dec 17 General Mills Inc cut its full-year sales forecast and reported its second straight fall in quarterly sales, hurt by a strong dollar and weak demand for its snacks and baking products in the United States, its biggest market. The company said on Thursday it now expected net sales to fall in low single-digit percentage terms in the year ending May on a constant-currency basis.

Tags: sales update cuts mills