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General Mills Stock Gaps Lower on Dismal Forecast
Schaeffers Investment Research· 2024-12-18 15:41
Shares of General Mills Inc (NYSE:GIS) are down 2.9% at $64.01 at last check, brushing off better-than-expected fiscal second-quarter earnings and revenue. The food manufacturer's disappointing 2025 profit outlook is weighing on the stock, as the company invests in promotions to draw in cash-strapped customers. Trading at its lowest level in over three weeks, GIS is back below recent support at its 20-day moving average. Today's slide also has the equity slipping into the red for 2024.There's still plenty o ...
General Mills Stock Slips as Cereal Maker Lowers Full-Year Profit Outlook
Investopedia· 2024-12-18 15:25
Key TakeawaysGeneral Mills shares fell Wednesday after the company lowered its fiscal 2025 adjusted profit outlook.Second-quarter sales and net income rose year-over-year and beat analysts' expectations.The snack and cereal maker expects adjusted profit to decline from last year because of increased investments. General Mills (GIS) shares moved lower Wednesday morning after the company lowered its fiscal 2025 adjusted profit outlook, offsetting second-quarter results that beat analysts' estimates. The snack ...
Nashville General Hospital Implements Oracle Health CommunityWorks to Simplify Clinician Experience, Enhance Patient Care
Prnewswire· 2024-12-18 14:00
Selects Oracle Health Data Intelligence to improve population health and operational efficiencies Will use Oracle Clinical Trial Management System to better manage and align patients with clinical trialsAUSTIN, Texas, Dec. 18, 2024 /PRNewswire/ -- Nashville General Hospital (NGH), Middle Tennessee's public safety-net hospital serving Davidson County and Nashville, Tennessee, is using Oracle Health CommunityWorks to better support its clinical, financial, and operational needs. Unifying its clinical operatio ...
General Mills sinks as price reductions force guidance cut
Proactiveinvestors NA· 2024-12-18 13:40
About this content About Josh Lamb After graduating from the University of Kent in the summer of 2022 with a degree in History, Josh joined Proactive later that year as a journalist in the UK editorial team. Josh has reported on a range of areas whilst at Proactive, including energy companies during a time of global crisis, aviation and airlines as the sector recovers from the pandemic, as well as covering economic, social and governance issues. Read more About the publisher Proactive financial news and ...
Tetragon Financial Group Limited Annual General Meeting
Prnewswire· 2024-12-17 06:55
LONDON, Dec. 17, 2024 /PRNewswire/ -- Annual General Meeting:Tetragon's annual general meeting will be held on 31 December 2024. The Notice of General Meeting may be found at the following link.About Tetragon:Tetragon is a Guernsey closed-ended investment company. Its non-voting shares are listed on Euronext in Amsterdam, a regulated market of Euronext Amsterdam N.V., and also traded on the Specialist Fund Segment of the Main Market of the London Stock Exchange. Our investment manager is Tetragon Financial ...
What Makes General Mills A Top Pick For 2025
Seeking Alpha· 2024-12-16 21:06
Looking back at previous General Mills, Inc. (NYSE: GIS ) coverage in June and August , we see that the Buy rating has proven right so far. The research article"Business valuation is an art, not a science," claim some. However, in my Bachelor's and Master's studies, I have successfully engaged in the scientific examination of valuation and capital investment. Thanks to a cumulative four-year experience in Consulting and Auditing firms including a professional Valuation position, Controlling positions and Fr ...
Besra Gold Inc Appoints Independent Chair for Annual General and Special Meeting of Shareholders
Newsfile· 2024-12-16 16:27
Besra Gold Inc Appoints Independent Chair for Annual General and Special Meeting of ShareholdersDecember 16, 2024 11:27 AM EST | Source: Besra Gold Inc.Melbourne, Victoria, Australia--(Newsfile Corp. - December 16, 2024) - Besra Gold Inc. (ASX: BEZ) (Besra or the Company) is pleased to announce that Besra's board of directors (the Board) has appointed Mr. Jeremy Wickens to act as independent chair for the annual general and special meeting of the Company's shareholders (Shareholders) to be hel ...
General Mills Set to Release Q2 Earnings: Should You Expect a Beat?
ZACKS· 2024-12-16 15:20
General Mills, Inc. (GIS) is likely to register top-line growth when it reports second-quarter fiscal 2025 earnings on Dec. 18. The Zacks Consensus Estimate for revenues is pegged at $5.16 billion, implying a 0.4% increase from the prior-year quarter’s reported figure. The consensus mark for earnings has remained unchanged in the past 30 days at $1.22 per share, indicating a 2.4% decline from the figure reported in the year-ago period. GIS has a trailing four-quarter earnings surprise of 6.3%, on average.St ...
General Mills Earnings Are Imminent; These Most Accurate Analysts Revise Forecasts Ahead Of Earnings Call
Benzinga· 2024-12-16 10:13
General Mills, Inc. GIS will release earnings results for its second quarter, before the opening bell on Wednesday, Dec. 18.Analysts expect the Minneapolis, Minnesota-based company to report quarterly earnings at $1.22 cents per share, down from $1.25 per share in the year-ago period. General Mills projects to report revenue of $5.14 billion for the recent quarter, compared to $5.14 billion a year earlier, according to data from Benzinga Pro.General Mills shares gained 0.9% to close at $66.69 on Friday.Benz ...
From growth to gone: GM's Cruise robotaxi business is latest growth initiative to falter
CNBC· 2024-12-15 13:00
A Cruise autonomous taxi in San Francisco, California, US, on Thursday Aug. 10, 2023.David Paul Morris | Bloomberg | Getty ImagesDETROIT — For years, General Motors CEO and Chair Mary Barra has promised a new future for the company, away from a stodgy metal-bending automaker into a tech-driven, forward-thinking company poised for growth.Part of the plan was for GM's innovation division to identify trillions — yes, trillions — of dollars in new market opportunities such as electric commercial vehicles, auto ...