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General Mills Inc

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  • *WPP's Sorrell says trading tough this year. In separate interviews on Friday, Martin Sorrell of WPP and Maurice Levy of Publicis sounded cautious about the prospects for the advertising market, citing a lack of vibrancy in the U.S economy, weakness in Brazil, Russia and China, and Europe's continued fragility. For his part, Sorrell said that the major companies...

  • General Mills to slash up to 725 jobs Thursday, 25 Jun 2015 | 10:42 AM ET

    NEW YORK— General Mills expects to cut 675 to 725 jobs as it wrestles with sluggish sales. Along with other packaged food makers like Kellogg and Campbell Soup, General Mills Inc. has slashed costs to offset slowing sales growth. General Mills said its current restructuring should be complete by early fiscal 2017, generating annual savings of about $45 to $50...

  • June 25- General Mills Inc, the maker of Cheerios cereal and Betty Crocker cake mixes, said it would cut 675-725 jobs in its international business under a new restructuring plan aimed at cutting costs and boosting growth. While General Mills' U.S. sales for the third quarter ended Feb. 22 rose after five straight quarters of decline, international sales have...

  • June 25- General Mills Inc, the maker of Cheerios cereal and Betty Crocker cake mixes, said it would cut 675-725 jobs in its international business under a new restructuring plan aimed at cutting costs and speeding up growth. The restructuring is expected to result in savings of $45 million- $50 million per year, the company said on Thursday. The restructuring is...

  • June 22- General Mills Inc, maker of Cinnamon Toast Crunch and Original Cheerios cereals, said it would stop using artificial flavors and colors in almost all of its cereals, joining the U.S. food industry's move towards products perceived as healthier. Taco Bell and Pizza Hut, two of Yum Brands Inc's largest restaurant chains, sandwich chain Subway and Nestle USA...

  • NEW YORK— General Mills is dropping artificial colors and flavors from its cereals, the latest company to respond to a growing desire for food made with ingredients people see as natural. As a result, the reformulated Trix cereal later this year will be made with four colors instead of six, said Kate Gallager, cereal developer for General Mills.

  • Jana Partners takes 7.2 percent stake in ConAgra Foods Thursday, 18 Jun 2015 | 5:54 PM ET

    NEW YORK— Activist investor firm Jana Partners said Thursday it took a 7.2 percent stake in packaged-foods maker ConAgra and said it may start a proxy battle by nominating three candidates to the company's board of directors. Jana Partners said ConAgra's results have been disappointing since it bought Ralcorp, the owner of Post cereals, in January 2013.

  • Why some farmers think Whole Foods crossed the line Friday, 12 Jun 2015 | 3:40 PM ET
    Produce at a Whole Foods Market in San Francisco.

    The relationship between Whole Foods and organic farmers is fraying, as more grocers move in according to the New York Times.

  • June 9- Campbell Soup Co said it would buy salsa maker Garden Fresh Gourmet for $231 million to expand in the fresh and organic packaged foods business. Hormel Foods Corp paid $775 million for natural and organic meat processor Applegate Farms LLC last month, while General Mills Inc bought organic food maker Annie's Inc for $820 million in October.

  • CircleUp CEO Ryan Caldbeck

    LendingClub created a large online loan marketplace. CircleUp is mimicking that strategy for consumer companies, but the returns have yet to show.

  • Feature Caitlyn Jenner on a box of Wheaties Tuesday, 2 Jun 2015 | 4:02 PM ET
    The cover of the New York Post showing Vanity Fair magazine with Caitlyn Jenner

    General Mills can score points with millennials and take advantage of the buzz, says a branding expert

  • NEW YORK, June 1- Nomad Holdings Ltd is hot for more frozen food deals following its $2.8 billion acquisition of Iglo Foods Holdings Ltd, even as the category faces an image problem as some consumers opt for fresher fare. According to market research firm Euromonitor International, Iglo held a roughly 3 percent share of the global frozen food market, second only to...

  • Retailers Walgreen Co and Payless Shoesource Inc, and hotel chain group Choice Hotels International Inc on Tuesday followed the lead of General Mills Inc in removing their ads from the program. "We share your concerns and we have decided to remove our advertising from the show," said Choice Hotels, which runs Comfort Inn and Econo Lodge chains, among others.

  • Hampton Creek: Bird flu weapon & chicken's BFF Friday, 22 May 2015 | 6:51 PM ET
    Eggs

    Jim Cramer speaks to the CEO of Hampton Creek Foods on being the perfect solution to the nationwide egg-supply shortage.

  • The best and brightest MBA grads of 2015 Friday, 22 May 2015 | 8:23 AM ET
    Graduation college education

    The website Poets&Quants has picked the 50 most exceptional MBA graduates this year. Here are a profile of 10 of the best.

  • Food companies fear bird flu may cause egg shortages Friday, 22 May 2015 | 7:47 AM ET
    Chickens gather around a feeder at a farm in Osage, Iowa.

    The flu is forcing farmers to kill more than 38 million infected birds, 33 million of which are laying hens.

  • NEW YORK, May 21- Small U.S. food manufacturers once toiled for decades to develop a critical mass of fans for their products. More mass-market retailers want niche brands that shoppers view as healthier to drive traffic in stores, particularly as they face rising competition from natural food and specialty chains like Whole Foods Market Inc..

  • The top 10 cities for college grads Saturday, 16 May 2015 | 7:00 AM ET
    college graduates

    To determine the best cities for recent college graduates, Rent.com considered everything from employment rates to good restaurants. Here's its list.

  • April 27- Chipotle Mexican Grill Inc on Monday said the 46 ingredients used in its roughly 1,800 restaurants were now free of genetically modified organisms, becoming the first major U.S. restaurant chain to make that switch. U.S. diners, particularly those in the sought-after young millennial generation, are seeking fresh foods that are less processed and...

  • Correction protection. 3 best Street ideas on week Saturday, 25 Apr 2015 | 7:00 AM ET
    Traders work on the floor of the New York Stock Exchange.

    CNBC Pro highlights the three best strategy notes that came across our desk this week.