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01 Apr, 2020
Conagra Misses Estimates As Pinnacle Deal Fails To Boost Growth
Shares of Conagra Foods (NYSE: CAG) nosedived Thursday, hitting a 52-week low, after the Company missed revenue estimates, citing hurricane effects and higher transportation costs.The Company’s stock is down 35% so far this year. Stocks of fel..
General Mills Announces Plan to Cut Jobs
General Mills Inc. (NYSE:GIS), a maker of Cheerios cereal and one of the largest cold cereal producers in the U.S., announced on Wednesday that it will be cutting 625 jobs amid rising commodity and freight costs, as well as slowing sales of its Yopl..
General Mills Announced Q3 Results
On Wednesday, General Mills (NYSE: GIS) announced its financial results for the third quarter of fiscal 2018. Shares of the company were down 8% in Wednesday premarket trading.According to the company, revenue for the third quarter increased from $3..
General Mills Shares Fell to Nearly Two Year Lows
General Mills (NYSE: GIS) reported a lower than expected quarterly profit as cereal and yogurt sales declined in the U.S. which brought the company’s shares down 9% marking it the lowest levels in nearly two years. Since there has been a recen..
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