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The Latest Breaking News from GIS

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.

Barchart

U.P. plans State Capital Region on lines of NCR

Amid the U.P. government’s ambitious plan to make the State a one trillion dollar economy within five years, only a few districts have been attracting investment intents.

The Hindu

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Apple VR/AR headset tipped to be in ‘delivery stage’ — here’s what we know

A new report suggests that the Apple VR/AR headset is in the final stages of the supply chain, with a WWDC debut appearing more likely than ever.

Tom’s Guide

Apple's AR/VR headset enters 'final sprint' as WWDC launch nears

Apple's AR/VR headset is expected to be announced in June and the supply chain is more than ready, it seems.

iMore

A chunk of Rancho Palos Verdes is sliding into the sea. Can the city stop it?

LOS ANGELES — A drive along the ocean on the Palos Verdes Peninsula is Southern California at its finest. Sunlight dances on the water. Coves are pristine, unsullied by development. Catalina Island appears so near you can almost spot the bison.

Los Angeles Times

University of Football Business set to open at MediaCityUK this autumn

Facility will offer undergraduate and masters degrees

Manchester Evening News

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Montana Districting and Apportionment Commission submits final legislative district boundary proposal to legislature

The Montana Districting and Apportionment Commission (MDAC) voted 3-2 to submit its final legislative district boundary proposal to the legislature. The commission’s nonpartisan chairperson, Maylinn Smith, and two Democratic-appointed commissioners voted to approve the map, and the two Republican-appointed commissioners voted against it.

Ballotpedia

3 Food Makers Stocks to Buy for Thanksgiving

Despite ongoing market turbulences, food maker stocks tend to hold up relatively well due to their non-cyclical nature. Therefore, fundamentally sound food maker stocks General Mills (GIS), Pilgrim’s Pride (PPC), and US Foods (USFD) could be great investments for this thanksgiving. Read on….

StockNews.com

2 Food Stocks That Are Still Appetizing in 2022

Food demand is expected to remain steady despite soaring prices. Moreover, demand for organic food is also expanding amid an increase in health awareness. Therefore, investors could consider buying fundamentally sound food stocks General Mills (GIS) and Kellogg (K), which might continue to deliver stable returns. Read on….

StockNews.com

This Is What Whales Are Betting On General Mills

Someone with a lot of money to spend has taken a bearish stance on General Mills (NYSE:GIS). And retail traders should know. We noticed this today when the big position showed up on publicly available options history that we track here at Benzinga.

Benzinga

2 Consumer Staples Stocks Worth Paying Attention to Right Now

With persisting macroeconomic headwinds driving market volatility, it could be wise to pay attention to consumer staples stocks General Mills (GIS) and Sanderson Farms (SAFM) that are well-positioned to steady returns. Read more….

StockNews.com

Pick Up This Sturdy Consumer Staple Stock in Times of Trouble

Given the growing concerns over the Fed’s hawkish stance to tame the rising inflation and the possibility of the economy tipping into a recession, it could be wise to invest in fundamentally solid consumer staple stock General Mills (GIS). Consumer staples stocks are seen as recession-proof due to the non-cyclical…

StockNews.com

General Mills Stock Gains on Q4 Earnings Beat

General Mills Inc (NYSE:GIS) reported fourth-quarter FY22 sales growth of 8% year-on-year to $4.89 billion, beating the consensus of $4.81 billion. North America Retail segment sales increased 11% Y/Y to $3 billion. Pet segment sales increased 37% to $610 million, while International segment sales fell 21% to $750 million. Adjusted EPS of $1.12…

Benzinga

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Investors Business Daily

Dow Jones Rises As Bulls Try To Salvage Market Rally; Tesla Falls After Autopilot Move

The Dow rose after Tuesday's sell-off. Tesla is cutting Autopilot jobs. General Mills topped an early buy point on earnings.

StockNews.com

5 Staples Stocks to Buy Amidst High Inflation

Although a slowdown in consumer prices in April and the expectation of a flat CPI for May indicate that inflation had reached its peak, the market volatility may not ease anytime soon with the fear of a looming recession. Given the prevailing uncertainties, it could be worth investing in quality…

St. Louis Post-Dispatch

Congressional map debate in limbo in Missouri Senate

JEFFERSON CITY, Mo. — The fate of Missouri’s congressional maps remained in limbo Wednesday with time running short in the state’s annual legislative session.

Benzinga

General Mills Acquires Frozen Pizza Crust Maker TNT Crust

General Mills Inc (NYSE:GIS) has entered into a definitive agreement to acquire TNT Crust, a manufacturer of frozen pizza crusts for regional and national pizza chains, foodservice distributors, and retail outlets. The financial terms of the deal were not disclosed. TNT Crust is currently a portfolio company of Peak Rock Capital. GIS expects…

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StockNews.com

3 Monster Dividend Stocks Amid Market Volatility: Weyerhaeuser, General Mills, and WestRock

As the recession concerns could keep the overall stock market under pressure in the near term, it could be wise to bet on dividend stocks for a steady income stream. Thus, we think investors should consider scooping up shares of Weyerhaeuser (WY), General Mills (GIS), and WestRock (WRK) now.

StockNews.com

General Mills vs. Campbell Soup: Which Packaged Foods Stock is a Better Buy?

Rising consumer demand for packaged food products should allow companies operating in this space to overcome rising input costs by passing them on to customers. Also, as part of the consumer defensive industry, packaged food companies should perform well amid the current market and economic uncertainties. Therefore, we think General…

Benzinga

FDA Investigating Reported Illnesses Tied To Lucky Charms Cereal

Scores of consumers weren’t feeling very lucky after eating General Mills’ (NYSE: GIS) Lucky Charms cereal, with multiple reports of illness occurring after having a bowl of the longtime breakfast staple.

StockNews.com

General Mills vs. Conagra Brands: Which Packaged Food Stock is a Better Buy?

Despite inflationary pressure and supply chain bottlenecks, the growing demand for packaged food products should help companies in this space benefit by passing on high input costs to their customers. Therefore, prominent packaged food stocks General Mills (GIS) and Conagra Brands (CAG) are worth watching. But which of these stocks…

StockNews.com

2 Packaged Food Stocks to Buy to Battle Rising Inflation

Packaged food prices are soaring amid deepening supply chain disruptions. However, the demand for packaged food items is expected to remain strong due to extensive lifestyle changes. And since the rising demand should help quality packaged food companies General Mills (GIS) and Darling Ingredients (DAR) pass rising input costs to…

Benzinga

General Mills's Return on Invested Capital Overview

Pulled from Benzinga Pro data, General Mills (NYSE:GIS) posted Q3 earnings of $662.60 million, an increase from Q2 of 8.91%. Sales dropped to $4.54 billion, a 9.68% decrease between quarters.

Benzinga

General Mills' Q3 Bottom-Line Beats Street View, Boosts FY22 Outlook

General Mills Inc (NYSE:GIS) reported third-quarter FY22 sales growth of 0.4% year-on-year, to $4.54 billion, marginally missing the consensus of $4.56 billion. Organic net sales increased 4%. North America Retail segment sales increased 1% Y/Y to $2.81 billion. Pet segment sales increased 30% to $568 million, while International segment sales fell 23% to…

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