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The Latest Breaking News from General Mills

How ‘cheesier’ mac and cheese and ‘flakier’ biscuits may save General Mills from its sales slump

The packaged-snack conglomerate is working to win back consumers resentful of high grocery prices with more promotions and better recipes.

Fortune

Stock Index Futures Muted as Bond Yields Climb, FedEx Soars on Upbeat Results

September S&P 500 E-Mini futures (ESU24) are up +0.03%, and September Nasdaq 100 E-Mini futures (NQU24) are up +0.12% this morning as U.S. Treasury yields marched higher, while FedEx shares surged following better-than-expected quarterly results and profit forecast.

Barchart

Stock Index Futures Muted as Bond Yields Climb, FedEx Climbs on Upbeat Results

Barchart

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Nasdaq Futures Rise as Tech-Driven Rally Continues, FedEx Climbs on Upbeat Results

September Nasdaq 100 E-Mini futures (NQU24) are trending up +0.19% this morning as Nvidia and other chip stocks continued to rise, while FedEx shares surged following better-than-expected quarterly results and profit forecast.

Barchart

Stock Index Futures Rise as FedEx Results Boost Sentiment, Micron Earnings on Tap

September S&P 500 E-Mini futures (ESU24) are up +0.23%, and September Nasdaq 100 E-Mini futures (NQU24) are up +0.38% this morning as investors cheered forecast-beating quarterly results and profit forecast from global economic bellwether FedEx, while also awaiting an earnings report from memory chipmaker Micron Technology.

Barchart

General Mills sued over racist workplace

The class-action complaint was filed in the U.S. District Court for the Northern District of Georgia on June 2

Salon

Are Wall Street Analysts Bullish on General Mills Stock?

General Mills has significantly underperformed the broader market over the past year, and Wall Street analysts maintain a neutral stance on the stock.

Barchart

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Red Lobster files for bankruptcy days after closing dozens of restaurants

Red Lobster is filing for Chapter 11 bankruptcy protection shortly after closing some of its restaurants

The Independent UK

General Mills Considers Selling B Yogurt Business In North America

General Mills explores selling its North American yogurt business, potentially reshaping the industry landscape.

Top News

Why We're Obsessed With the Handmade

"Daily life has only become more automated, but the innate yearning for physical handprints has not disappeared," writes Amanda Montell in 'The Age of Magical Overthinking'.

Marie Claire

Why eating intuitively feels so hard now

As the anti-diet movement gains traction, messages about hunger and satiety are getting muddied

Salon

Stocks Higher After FOMC Meeting Results

The S&P 500 Index ($SPX ) (SPY ) is up +0.63%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is up +0.73%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up +0.94%. The Federal Reserve decided to hold interest rates steady, with the federal funds rate at...

Barchart

Stocks Little Changed Before FOMC Meeting Results and Fed Chair Powell

The S&P 500 Index ($SPX ) (SPY ) this morning is up +0.01%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is up +0.08%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is down -0.03%. Stocks this morning are little changed as the markets are in a holding...

Barchart

Stocks Slightly Lower Ahead of FOMC Meeting Results and Powell

The S&P 500 Index ($SPX ) (SPY ) this morning is down -0.09%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is down -0.07%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is down -0.08%. Stocks this morning are slightly lower as the markets are in a holding...

Barchart

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Stocks Muted as Fed Rate Decision Looms, Micron Earnings on Tap

June S&P 500 E-Mini futures (ESM24) are down -0.07%, and June Nasdaq 100 E-Mini futures (NQM24) are up +0.03% this morning as market participants refrained from making big bets ahead of the eagerly awaited Federal Reserve decision that will help shape the outlook for interest rates this year.

Barchart

Stocks Muted Before the Open as Fed Rate Decision Looms, Micron Earnings on Tap

Barchart

Stocks Tread Water Before the Open as Fed Rate Decision Looms, Micron Earnings on Tap

Evening Standard

What is Chlormequat? Potentially harmful pesticide found in Cheerios and Quaker Oats

Studies have found traces of a potentially harmful pesticide in 80% of US urine samples

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Top News

Breakfast Blues: General Mills Cuts Sales Forecast Amid Slowing Demand

General Mills, the cereal giant, trims its sales outlook, as demand for its products slows down. Breakfast fans might need to find a new munchable fix!

StockNews.com

General Mills (GIS) Earnings Forecast: Stock Signals to Watch

Does General Mills (GIS) hold the recipe for sustained growth with its innovative strategies, new launches and venture into the pet care market, or do its recent financial fluctuations advocate for a measured approach ahead of its earnings release? Read more to find out.

The Independent UK

Some companies using lots of water want to be more sustainable. Few are close to their targets

Major corporations in water-guzzling industries such as apparel, food and beverage, and tech want to be better stewards of the freshwater resources they use

The Guardian - UK

Scientists on panel defending ultra-processed foods linked to food firms

Exclusive: three out of five at briefing playing down concerns over UPFs have ties to makers of such foods

Salon

What is Kernza and what is it used for?

"You actually can find Kernza turning up in breads, crackers, cereals and flours . . ."

Fortune

Pets are getting fewer treats because of return-to-office mandates, says General Mills

"We don’t really expect a huge rebound in our pet business for the rest of this year," said General Mills CEO Jeffrey Harmening.

Barchart

Buy This Boring Dividend Stock Now, While Recession Odds Are Low

Consumer staples stocks, like Mondelez and General Mills, have been punished by investors as analysts lighten up their recession forecasts. For savvy investors, this could be an opportunity to load up on portfolio protection.

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