General Mills' net falls 52%

Article Abstract:

General Mills Inc. of the United States posted a fall in fourth quarter net profit by 52 percent to $222 million compared to $460 million last year. Revenue decreases were due to sale of the Lloyd's refrigerated meats unit and consideration of a joint venture in Europe. Sales increased by 4.6 percent to $2.85 billion this quarter.

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General Mills net rises 7%

Article Abstract:

General Mills Inc. of the United States posted third quarter profit increases of seven percent to $246 million, up from $230 million last year. Revenue has increased three percent to $2.86 billion from $2.77 billion last year. General Mills Inc. produces cereal products.

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At Heinz, Peltz's board presence may boost focus on brand, costs

Article Abstract:

H.J. Heinz Co. and activist Nelson Peltz may have to reconcile to keep sales and stock price up. The condiments giant is to focus on cutting costs and increased marketing.

Management dynamics, FOOD AND KINDRED PRODUCTS, Management, Food industry, Company business management, H.J. Heinz Co., HNZ, Food and beverage production/distribution software

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