General Mills can score points with millennials and take advantage of the buzz, says a branding expert» Read More
The Golden Arches are in flux, but “Mad Money” host Jim Cramer has a clear takeaway.
Are you ready skeedaddy???!!! It's time for the Lightning Round. Cramer makes the call on viewer favorites.
Jan 26- Cereal maker Post Holdings Inc said it would acquire privately held rival MOM Brands Co for about $1.15 billion to expand in the growing bagged and hot cereal categories, sending its shares up as much as 9 percent. U.S. sales of bagged cereals grew 5.6 percent annually in the past four years, even though overall sales of cereals fell, Post said, quoting data...
NEW YORK, Jan 16- Electric utilities in the United States can expect an extra $12 billion a year in annual revenue by 2030 as heat waves increase the demand for air conditioning. Although environmental groups say the SEC has not enforced that requirement rigorously enough, many companies' regulatory filings describe how climate change threatens their...
The U.S. dollar's spike may hit trade and manufacturing as its strength is disruptive to U.S. exports and companies with big overseas sales.
Some of the names on the move ahead of the open.
Jan 8- General Mills Inc said it plans to close down its plants in Midland, Ontario, Canada and New Albany, Indiana, cutting about 500 jobs, as part of announced efforts to reduce costs. General Mills said it had notified the New Albany union representatives of its decision to shutdown the plant. General Mills, which is struggling with weak sales and competition from...
Jan 8- General Mills Inc said it plans to reduce its refrigerated dough capacity and close its plants in Midland, Ontario, Canada and New Albany, Indiana, as part of efforts to cut costs.
CNBC's Kelly Evans offers up some playbooks and their possible outcomes for the new year.
*Sees private-label profit recovery in year ending May 2016. *2nd- qtr sales $4.15 bln vs est $4.20 bln. Dec 18- ConAgra Foods Inc reported sales below market estimates due to weak demand for its branded products and said recovery in its private-label business would take longer than expected.
*FedEx shares fall after earnings, drags transports. NEW YORK, Dec 17- U.S. stocks rose on Wednesday on the heels of a three-session losing streak and ahead of the U.S. "I don't know that it really makes a huge difference because ultimately they will hedge anything they do in that regard by simply saying it is all data-dependent," said Randy Frederick, managing director...
Dec 17- General Mills Inc, the maker of Cheerios cereal and Betty Crocker cake mixes, reaffirmed its full-year forecast and reported a better-than-expected profit as it cut costs to battle weak sales in the United States. General Mills has embarked on a cost-saving program that aims to save more than $400 million in fiscal 2015. The company is cutting 700-800...
Companies making headlines before the bell Wednesday:
General Mills reported a 37 percent fall in profit, hurt by weak demand in the United States and slowing growth in Europe and Canada.
Dec 17- General Mills Inc, the maker of Cheerios cereal and Betty Crocker cake mixes, reported a 37 percent fall in quarterly profit hurt by weak demand in the United States and slowing growth in Europe and Canada. The company said net income attributable to General Mills fell to $346.1 million, or 56 cents per share, in the second quarter ended Nov. 23 from $549.9...
Oil's decline could continue to take center stage as investors weigh whether the benefits of cheaper crude outweigh the pain for the producers.
Nearly 1 in 6 Americans go hungry. Most at risk: children and the elderly. Companies are rushing to help during the holidays.
General Mills announced the return of the previously discontinued French Toast Crunch, a toast-shaped, maple-flavored cereal.
Julie Busha didn’t slay any Sharks with her Slawsa – but that hasn’t stopped her from continuing to thrive.
The surge in the U.S. dollar this month to an almost seven-year high versus the yen is very bad news for Ford investors, if past history is a guide.