Topic: General Mills Inc.
WASHINGTON (Reuters) - President Barack Obama lunched with top business executives at the White House on Thursday to discuss the economy and job creation, officials said. The lunch was the fifth of its kind that president has hosted. The list of invitees included: * Tom Wilson, The Allstate Corporation * Ken Chenault, American Express * John Chambers, Cisco Systems * Frederick Smith, FedEx * Ken Powell ...
Cereal for dinner? It's a tough reality for some cash-strapped people. Rising popularity of cereal among those looking for a cheap meal combined with plunging ingredient costs to boost the second-quarter profit of Cheerios maker General Mills Inc. 50 percent. The maker of Green Giant, Hamburger ...
CHICAGO (Reuters) - General Mills Inc <GIS.N> posted a 50 percent increase in quarterly profit and raised its full-year forecast, helped by strong sales of higher-margin products such as Cheerios and Fiber One cereals. The company's shares rose nearly 1 percent as General Mills managed to beat Wall Street profit expectations even after raising its advertising spending ...
