Jefferies downgraded General Mills (NYSE: GIS) to “underperform” from “hold” and cut its price target to $44 from $45 0n Friday. Jefferies cited weak outlook and higher valuation. The firm also slashed its outlook on first quarter EPS , FY 2014 EPS and FY2015 EPS. For the fiscal first quarter, Jefferies cut EPS outlook to [...]
Shares of Francesca’s Holdings Corp. (NASDAQ: FRAN) rallied on Wednesday after the boutique chain, late last evening, reported better-than-expected fiscal fourth results and provided guidance on the current quarter and full-year which matched Street’s estimates. [...]
Shares of office supplies companies Office Depot Inc. (NYSE: ODP), OfficeMax Incorporated (NYSE: OMX) and Staples Inc. (NASDAQ: SPLS) are seeing a huge rally in trading today after the Wall Street Journal reported that OMX and ODP are close to merging. [...]
Shares of branded consumer food manufacturer and marketer, General Mills Inc. (NYSE: GIS) edged up on Wednesday after the company reported better-than-expected fiscal second-quarter earnings thanks to strong revenue growth, boosted its latest acquisitions of Yoki Alimentos business in Brazil and Yoplait Canada. The company also slightly lifted its outlook on full-year earnings even as [...]
Minnesota-based Consumer foods producer, General Mills Inc. (NYSE: GIS) reported results for the first quarter of 2013 ended Aug 26, 2012. Shares of GIS rose sharply following the release of first-quarter results. [...] |
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