The Latest Breaking News from GIS

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….

NEW DELHI/LUCKNOW: Chief minister Yogi Adityanath kickstarted the countdown to the Uttar Pradesh Global Investors Summit (GIS) 2023 scheduled to be held in Lucknow from February 10 to 12 at an event in Delhi.

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….

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.

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….

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…

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…

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…

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.

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…

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.