Active Call Buying in General Mills (GIS) Amid Morning M&A Chatter -Susquehanna

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General Mills (GIS) option volume builds after David Faber CNBC says no truth to report on bid

May 4, 2017 10:59 AM EDT

General Mills (NYSE: GIS) May 55, 57.50 and 60 calls are active on total call volume of 20K contracts (7K puts) after David Faber of CNBC says no truth to report on bid. May call option implied volatility is at 37, June is at 30; compared to its 52-week range of 16 to 25.

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David Faber says General Mills (GIS) takeover report "not true"

May 4, 2017 10:56 AM EDT

David Faber says General Mills (NYSE: GIS) takeover report "not true."

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General Mills (GIS) volume and volatility spike on renewed takeover chatter

May 4, 2017 10:50 AM EDT

General Mills (NYSE: GIS) May 55, 57.50 and 60 calls are active on total call volume of 15K contracts (5K puts) on renewed takeover chatter. May June call option implied volatility is at 38, June is at 33; compared to its 52-week range of 16 to 25.

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Kellogg (K) Gains with Sector Takeover Speculation

May 4, 2017 10:36 AM EDT

Kellogg (NYSE: K) is seeing strong upside, which is coinciding with General Mills (NYSE: GIS) takeover speculation and earnings this morning.

Upside appears to be driven by comments from Kraft Heinz's (NYSE:... More

General Mills (GIS) Surges on Takeover Speculation Following CEO Change

May 4, 2017 10:31 AM EDT

(Updated - May 4, 2017 11:04 AM EDT)

Today's upside in General Mills (NYSE: GIS) is being driven by takeover speculation after the company announced yesterday that long-time CEO Ken Powell is being replaced. Powell will remain Chairman for a transition period until his... More

General Mills (GIS) May weekly calls active as shares trade near 13-month low

May 4, 2017 10:05 AM EDT

General Mills (NYSE: GIS) May 55 and 57.50 calls are active on total call volume of 900 contracts (13 puts) on renewed takeover chatter. May and June call option implied volatility is at 18; compared to its 52-week range of 16 to 25.

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General Mills (GIS) Names Jeff Harmening as CEO, Replacing Ken Powell

May 3, 2017 9:00 AM EDT

General Mills (NYSE: GIS) today announced that its board of directors has elected Jeffrey L. Harmening Chief Executive Officer of the company, effective June 1, 2017. The board also elected Harmening to the General Mills Board of Directors. Harmening, age 50, is a 23-year veteran of the company and has served as President and Chief Operating Officer since July 1, 2016. Harmening succeeds Ken Powell, who has served as General Mills Chairman and Chief Executive Officer since 2007. Powell will continue to serve as the company's Chairman for a transition period until his retirement, expected within the next... More