General Mills (GIS) Declares $0.49 Quarterly Dividend; 3.3% Yield
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General Mills (GIS) Misses Q2 EPS by 1c, Revenue Beats, Offers Outlook
December 20, 2017 7:02 AM ESTGeneral Mills (NYSE: GIS) reported Q2 EPS of $0.82, $0.01 worse than the analyst estimate of $0.83. Revenue for the quarter came in at $4.2 billion versus the consensus estimate of $4.08 billion.
General Mills updated its key full-year fiscal 2018 targets:
Organic net sales are expected to range between flat and down 1 percent, above the... MoreGeneral Mills (GIS) January 57.50 calls and January 55 puts most active strikes into Q2
December 18, 2017 11:30 AM ESTGeneral Mills (NYSE: GIS) January call option implied volatility is at 23, February is at 21; compared to its 52-week range of 16 to 29 into the expected release of Q2 results on December 20.
... MoreHershey, Campbell bet nearly $6 billion on healthy snacks makers
December 18, 2017 7:13 AM ESTBy Gayathree Ganesan and Uday Sampath Kumar
(Reuters) - Campbell Soup Co and Hershey Co on Monday unveiled deals totaling nearly $6 billion to buy healthy packaged snacks makers, the latest example of big U.S. food companies trying to cater to an increasing American preference for healthy foods.
Campbell (NYSE: CPB) will buy Cape Cod chips-maker Snyder's-Lance Inc (NASDAQ: LNCE) for $4.87 billion in cash to combat sagging soup sales. Snyder's-Lance, the No. 5 U.S. healthy savory snacks maker, also owns brands such as Eatsmart veggie snacks.
... MoreWells Fargo Upgrades General Mills (GIS) to Outperform, 'Expectations Are Low And Fundamentals Improving'
December 18, 2017 6:48 AM ESTWells Fargo upgraded General Mills (NYSE: GIS) from Market Perform to Outperform with a price target of $63.00 (from $53.00).
For an analyst ratings summary and ratings history on General Mills click here. For more ratings news on General Mills click here.
Shares of General Mills closed at $56.89 Friday.
... MoreGeneral Mills (GIS): Increasing Conviction of a Sales Beat, PT To $60 - Susquehanna
December 18, 2017 6:34 AM ESTSusquehanna analyst, Pablo Zuanic, reiterated his Neutral rating on shares of General Mills (NYSE: GIS) and raised his price target to $60 from $57 on the belief that GIS will beat consensus sales
estimates on Wednesday when it reports 2Q18.
The analyst... More
