General Mills (GIS) Declares $0.49 Quarterly Dividend; 3.9% Yield

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Go back to General Mills (GIS) Declares $0.49 Quarterly Dividend; 3.9% Yield

U.S. rail regulator tackles railroads over customer complaints

March 19, 2018 4:29 PM EDT

By Nick Carey

(Reuters) - The top U.S. rail regulator has asked major railroads for information on service levels before meeting disgruntled shippers and other customers over complaints about service delays and higher costs.

In letters to the chief executive officers of the railroads dated March 16 that were posted on the U.S. Surface Transportation Board's (STB) website on Monday, the regulator requested locomotive and employee numbers, and asked whether the railroads have sufficient numbers of each to meet demand.

The STB said last week it would start meeting with customers next month, signaling... More

General Mills (GIS) Reports Antitrust Clearance for Blue Buffalo (BUFF) Acquisition

March 19, 2018 11:01 AM EDT

General Mills, Inc. (NYSE: GIS) today announced that on March 16, 2018, the U.S. Federal Trade Commission granted early termination of the required waiting period under the Hart-Scott-Rodino Antitrust Improvements Act of 1976, as amended. With the receipt of this clearance, the condition of the... More

General Mills (GIS) PT Lowered to $57 at Susquehanna on 3Q18 Preview; 'Intrigued by Pullback... Not Read to Step In'

March 19, 2018 7:44 AM EDT

Susquehanna lowered its price target on General Mills (NYSE: GIS) to $57.00 (from $60.00) while maintaining a Neutral rating, ahead of the company's third quarter earnings report on March 21st.

Analyst Pablo Zuanic notes a cautious outlook on the shares, suggesting the... More