General Mills' strategic pet food acquisition and strong Q1 earnings signal robust growth potential for investors.
Typically, when a stock gets removed from one of the major indexes, such as the S&P 500 (SNPINDEX: ^GSPC), it loses a lot of its appeal, especially to professional investors on Wall Street. As exchange-traded...
As part of the transaction, General Mills will assume operations of two manufacturing facilities in Joplin, Missouri while NXMH will retain Whitebridge Pet Brands’ European business and brands.
Despite General Mills’ underperformance relative to the broader market over the past year, Wall Street analysts remain moderately optimistic about the stock’s prospects.
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General Mills is all set to release its fiscal second-quarter earnings in December, and analysts project a single-digit profit decline.
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