General Mills Initiates FY23 Outlook; Boosts Qtly Dividend 6% - Update

General Mills Cuts FY25 View Despite Q2 Above Market; Stock Drops

Shares of General Mills, Inc. were losing around 6 percent in the pre-market activity on the NYSE after the branded food company on Wednesday trimmed its fiscal 2025 earnings view, and said it sees net sales at the lower end of estimate range, citing increased promotional investment. This was despite reporting higher second-quarter profit and revenues, above market estimates.

RTTNews | 13小時39分鐘前

General Mills Reaffirms FY24 Outlook - Update

While reporting financial results for the first quarter on Wednesday, branded food company General Mills, Inc. (GIS) reaffirmed its adjusted earnings growth and organic net sales growth outlook for the full-year 2024.

RTTNews | 455天前

General Mills Boosts FY23 Outlook As Q2 Results Top Estimates

Branded food company General Mills reported Tuesday a profit for the second quarter that edged up 1 percent from last year, driven by improved gross margins and 4 percent net sales growth. Both adjusted earnings per share and net sales topped analysts' estimates. The company also raised its adjusted earnings and organic net sales growth guidance for the full-year 2023.

RTTNews | 729天前

New Zealand GDP Falls 1.0% In Q3

New Zealand's gross domestic product contracted a seasonally adjusted 1.0 percent on quarter in the third quarter of 2024, Statistics New Zealand said on Thursday.

RTTNews | 5小時6分鐘前

U.S. Dollar Climbs On Fed's Hawkish Tone

The U.S. dollar advanced against its major counterparts in the New York session on Wednesday, as the Federal Reserve cut interest rates by a quarter point but indicated fewer rate cuts than previously projected next year.

RTTNews | 5小時45分鐘前

Fed Lowers Interest Rates By Quarter Point, Forecasts Fewer Rate Cuts In 2025

In support of its dual goals of maximum employment and inflation at the rate of 2 percent over the longer run, the Federal Reserve on Wednesday announced its widely expected decision to lower interest rates by another quarter point. The Fed said it decided to lower the target range for the federal funds rate by 25 basis points to 4.25 to 4.50 percent, matching the rate cut seen in early November.

RTTNews | 7小時37分鐘前

U.S. Dollar Advances Against Most Majors

The U.S. dollar strengthened against its most major counterparts in the New York session on Wednesday.

RTTNews | 8小時9分鐘前

Swiss Market Ends Notably Lower

The Switzerland market closed notably lower on Wednesday, after languishing in negative territory right through the day's trading session, as investors weighed global economic outlook in the wake of the latest data on Eurozone and U.K. inflation, and awaited the Federal Reserve's monetary policy announcement.

RTTNews | 8小時47分鐘前

EURUSD	1.03479	GBPUSD	1.25645	AUDUSD	0.62149
USDJPY	154.763	USDCAD	1.4446	USDCHF	0.90066