General Mills Net Drops 17%.
In: Wall Street Journal - Eastern Edition, Jg. 251 (2008-06-26), Heft 149, S. B4
Zeitungsartikel
Zugriff:
The article reports on the decline in net profit posted by General Mills Inc. in the U.S. in the fourth quarter ended May 25, 2008. The stock price of the food company dropped by 1.9 percent in trading on the New York Stock Exchange on June 25. The increased net sales in the retail segment suggested that advertising spending is helping keep the cereal maker from losing shoppers to lower-cost brands. Chief executive officer (CEO) Ken Powell stated that General Mills anticipates strong sales and earnings growth in the new fiscal year.
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General Mills Net Drops 17%.
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Autor/in / Beteiligte Person: | Cheng, Andria ; Hoyt, Jennifer ; Cordeiro, Anjali |
Zeitschrift: | Wall Street Journal - Eastern Edition, Jg. 251 (2008-06-26), Heft 149, S. B4 |
Veröffentlichung: | 2008 |
Medientyp: | Zeitungsartikel |
ISSN: | 0099-9660 (print) |
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