General Mills (GIS) PT Lowered to $56 at Susquehanna Following 1Q Release

General Mills (GIS) PT Lowered to $57 at BMO Capital on 1Q Report; 'Significant Contraction in Operating Profit, Poor Earnings Quality'

September 21, 2017 12:52 PM EDT

BMO Capital lowered its price target on General Mills (NYSE: GIS) to $57.00 (from $60.00) while maintaining a Market Perform rating, following the company's first quarter earnings report.

Analyst Kenneth Zaslow notes the company delivered first quarter earnings per share results below consensus projections driven... More

General Mills (GIS) PT Lowered to $55 at UBS on 1Q Report; 'Ongoing Volume Declines & Pricing Pressures Weigh on Growth Outlook'

September 21, 2017 9:41 AM EDT

UBS lowered its price target on General Mills (NYSE: GIS) to $55.00 (from $58.00) while maintaining a Neutral rating, following the company's first quarter earnings report.

Analyst Steven Strycula notes the company delivered first quarter earnings per share results below the consensus projections driven by ongoing... More

General Mills (GIS) PT Lowered to $52 at Morgan Stanley Following 1Q Miss

September 21, 2017 9:08 AM EDT

Morgan Stanley lowered its price target on General Mills (NYSE: GIS) to $52.00 (from $55.00) while maintaining a Equalweight rating following 1Q earnings report. GIS reported an EPS miss ($0.71 vs. MSe $0.76), as a weak topline was exacerbated by elevated GM pressures that contributed to a ~9% EBIT... More

General Mills profit misses as U.S. yogurt sales sour

September 20, 2017 10:15 AM EDT

By Vibhuti Sharma and Gayathree Ganesan

(Reuters) - General Mills Inc (NYSE: GIS) reported a smaller-than-expected quarterly profit as yogurt and cereal sales declined in North America, sending the company's shares down 9 percent to their lowest levels in nearly two years.

The results underscore General Mills' struggles with consumers' shifting preference for protein-rich and thicker Greek yogurts.

To cater to the changing tastes, General Mills has spruced up its premium yogurt offerings through the launch of products such French yogurt Oui by... More

Stocks with increasing unusual option volume: X GIS ADBE

September 20, 2017 9:47 AM EDT

Stocks with increasing unusual option volume: X GIS ADBE

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Pre-Open Stock Movers 09/20: (ALNY) (KPTI) (GEMP) Higher; (BBBY) (IONS) (GIS) Lower (more...)

September 20, 2017 9:29 AM EDT

Today's Pre-Open Movers

Alnylam Pharma (NASDAQ: ALNY) 31.3% HIGHER; the company and partner Sanofi announced that the APOLLO Phase 3 study of patisiran, an investigational RNAi therapeutic being developed for patients with hereditary ATTR amyloidosis with polyneuropathy, met its primary efficacy endpoint and all secondary endpoints.

Cesca Therapeutics Inc. (NASDAQ:... More

Wall St. closes slightly higher after Fed policy decisions

September 20, 2017 7:34 AM EDT

By Sinead Carew

NEW YORK (Reuters) - The S&P 500 and the Dow ended slightly higher on Wednesday, adding to their string of closing records, after the Federal Reserve signaled it expects another interest rate hike by year-end and disclosed timing for reducing its balance sheet.

The Fed left rates unchanged for now, as was widely anticipated, but investors' expectations changed for December after the U.S. central bank signaled one more rate hike by year-end despite recent weak inflation readings.

In line with expectations the Fed said it would begin in October to cut its... More

General Mills (GIS) Misses Q1 EPS by 6c

September 20, 2017 7:07 AM EDT

General Mills (NYSE: GIS) reported Q1 EPS of $0.71, $0.06 worse than the analyst estimate of $0.77. Revenue for the quarter came in at $3.77 billion versus the consensus estimate of $3.79 billion.

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General Mills (GIS) call put ratio 1 call to 1.96 puts into Q1

September 19, 2017 11:01 AM EDT

General Mills (NYSE: GIS) October call option implied volatility is at 22, November is at 20; compared to its 52-week range of 16 to 29 into the expected release of Q1 and outlook on September 20.

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Susquehanna Remains Sidelined on General Mills (GIS) Ahead of 1Q Release

September 19, 2017 7:54 AM EDT

Susquehanna reiterated a Neutral rating and $58.00 price target on General Mills (NYSE: GIS) ahead of the company's 1Q earnings report. Analyst Pablo Zuanic expects the company to report EPS ex items of $0.77, in line with consensus. GIS is scheduled to report results... More