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The Latest Breaking News from General Mills

Stocks Tread Water Before the Open as Fed Rate Decision Looms, Micron Earnings on Tap

June S&P 500 E-Mini futures (ESM24) are down -0.07%, and June Nasdaq 100 E-Mini futures (NQM24) are up +0.03% this morning as market participants refrained from making big bets ahead of the eagerly awaited Federal Reserve decision that will help shape the outlook for interest rates this year.

Barchart

An American food brand and pantry staple was hit with a lawsuit seeking class-action status.

The Street

What is Chlormequat? Potentially harmful pesticide found in Cheerios and Quaker Oats

Studies have found traces of a potentially harmful pesticide in 80% of US urine samples

Evening Standard

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Dow Jones Falls After Key Economic Data; FedEx Dives On Earnings

The Dow Jones dropped Wednesday after key economic data. Shipping giant FedEx dived on weak earnings results.

Investors Business Daily

Breakfast Blues: General Mills Cuts Sales Forecast Amid Slowing Demand

General Mills, the cereal giant, trims its sales outlook, as demand for its products slows down. Breakfast fans might need to find a new munchable fix!

Top News

General Mills (GIS) Earnings Forecast: Stock Signals to Watch

Does General Mills (GIS) hold the recipe for sustained growth with its innovative strategies, new launches and venture into the pet care market, or do its recent financial fluctuations advocate for a measured approach ahead of its earnings release? Read more to find out.

StockNews.com

Some companies using lots of water want to be more sustainable. Few are close to their targets

Major corporations in water-guzzling industries such as apparel, food and beverage, and tech want to be better stewards of the freshwater resources they use

The Independent UK

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Scientists on panel defending ultra-processed foods linked to food firms

Exclusive: three out of five at briefing playing down concerns over UPFs have ties to makers of such foods

The Guardian - UK

What is Kernza and what is it used for?

"You actually can find Kernza turning up in breads, crackers, cereals and flours . . ."

Salon

Pets are getting fewer treats because of return-to-office mandates, says General Mills

"We don’t really expect a huge rebound in our pet business for the rest of this year," said General Mills CEO Jeffrey Harmening.

Fortune

Stock Market Sinks After Fed Announcement; Apple Down After Analyst Comments

The Dow Jones Industrial Average rose 0.6% as IBM jumped 3.5% to the highest since December.

Investors Business Daily

Dow Jones Rises Ahead Of Today's Fed Decision, Powell; Cathie Wood Sells Tesla Stock

The Dow Jones rose Wednesday ahead of today's Federal Reserve policy decision and Powell's comments. Cathie Wood sold more Tesla stock.

Investors Business Daily

Stocks higher, Fed in focus, Ford strike deal, General Mills, FedEx

The Street

General Mills earnings top forecasts as price hikes support margins

The Cheerios and Betty Crocker brand owner posted a surprise boost in first quarter margins while re-affirming its full year sales and profit forecasts.

The Street

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Barchart

Buy This Boring Dividend Stock Now, While Recession Odds Are Low

Consumer staples stocks, like Mondelez and General Mills, have been punished by investors as analysts lighten up their recession forecasts. For savvy investors, this could be an opportunity to load up on portfolio protection.

Barchart

General Mills vs. Kraft Heinz: Which is the Better Consumer Defensive Stock?

As Wall Street starts to lose its risk appetite, here's a look at two of the largest food companies in the world to determine which is the better pick for investors looking to play defense with their portfolios.

The Street

General Mills Puts More Vitamin D In Cereals

General Mills is pushing through changes to some of your favorite cereals.

Tribune News Service

After three years of the pandemic era's topsy-turvy market conditions, General Mills is getting back to normal — including slower growth

As food companies raced to meet unprecedented consumer demand during the pandemic, ingredient shortages abounded.

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news in one place.

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Investors Business Daily

Dow Jones Falls As Powell Warns Of More Rate Hikes; AMD, Nvidia Slide On AI Chip Export Ban Report

The Dow Jones fell Wednesday as Powell warned of more rate hikes this year. AMD and Nvidia slid on a reported new ban on AI chips to China.

The Street

General Mills Slumps After Q4 Earnings, Softer Profit Outlook As Inflation Bites Margins

Food price inflation continues to hold down profits for brand groups such as General Mills, which sees input costs at around 5% over the coming year.

Barchart

S&P Futures Tick Lower Ahead of Powell Speech, Micron Earnings on Tap

September S&P 500 futures (ESU23) are trending down -0.14% this morning as market participants awaited a speech from Fed Chair Jerome Powell for fresh clues on the future direction of U.S. monetary policy.

Tribune News Service

Food companies sell more heat-and-serve options to fill gaps in short-staffed kitchens

Food-service workers are hard to come by.

Salon

Corporate greed, inflation and hunger

"Big Food's staggering increase in earnings shows they did not need to raise prices so high on consumers . . . "

Fortune

JPMorgan’s newest board member is thinking about risk

Alicia Boler Davis, who has held senior leadership roles at Amazon and GM, explains why she was drawn to the banking giant and what’s on her mind as she takes up the new role.

Broadcasting & Cable

Dollar General Media Network Uses LiveRamp To Connect With Customers

Retail network boosts ROI for marketers including Pepsi, Hershey’s, Unilever, General Mills and Colgate-Palmolive

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