News about <![CDATA[US3703341046]]> News about en-us <![CDATA[General Mills Performs like a Growth Stock After Strong Earnings Report]]> General Mills, Inc.(NYSE: GIS) reported better-than-expected Q3 earnings Wednesday.

Sales of its core brands, such as the aforementioned Cheerios, along with Progresso soups, and Haagen-Dazs ice cream rose for the first time since 2011, according to Reuters.

Further, GIS shares are up 19 percent this year. Much of that, says Edward Jones analyst Jack Russo, is in response to the Berkshire Hathaway (NYSE: BRK-B) and 3G Capital, H.J. Heinz (NYSE: HNZ) deal, which has boosted share values for many food companies.

Russo says General Mills has been performing better in cereal and yogurt, businesses that have been challenged in recent years due, in part, to increased commodity costs.

"It looks like they're reinvesting back into the business,” Russo said. As a result, the company says sales by volume rose 1 percent for the first time ...

]]> <![CDATA[Food and Beverage Picks for 2013: Kellogg and PepsiCo]]> Bank of America/Merrill Lynch's "2013 Food and Beverage Year Ahead" report came out this past week. The analyst was looking for stocks of well-positioned companies with products that are protected from consumer weakness or those with strong franchises in developing markets.

Its top turnaround picks for this year were

]]> <![CDATA[Top 4 NYSE Stocks In The Processed & Packaged Goods Industry With The Highest Revenue Estimates]]> Below are the top processed & packaged goods stocks on the NYSE in terms of revenue estimate for the current year.

Analysts expect Unilever NV (NYSE: UN) to post revenue of $66.77 billion for the year ending December, 2012. Unilever had $6.03 billion in total cash for the latest

]]> <![CDATA[UPDATE: Credit Suisse Reiterates Neutral Rating, Raises PT on General Mills]]> In a report published Friday, Credit Suisse Group reiterated its Neutral rating on General Mills (NYSE: GIS), and raised its price target from $42.00 to $44.00.

Credit Suisse noted, “General Mills reported a 2Q13 EPS beat of $0.86, above consensus of $0.79 and $0.76 the prior year. But the

]]> <![CDATA[UPDATE: General Mills Posts Upbeat Q2 Profit, Lifts Forecast]]> General Mills (NYSE: GIS) reported upbeat second-quarter earnings and raised its forecast on Wednesday.

General Mills' quarterly net earnings surged to $541.6 million, or $0.82 per share, from $444.8 million, or $0.67 per share, in the year-ago period. Excluding items, it earned $0.86 per share, beating analysts' estimates of

]]> <![CDATA[Benzinga Market Primer, Wednesday, December 19]]> Futures Rise on Cliff Deal, German Confidence

U.S. equity futures rose slightly in pre-market trading as Congressional leaders appear closer to a deal to at least manage the fiscal cliff and mute some of the effects of the tax hikes and spending cuts. Now, it is true that many of measures

]]> <![CDATA[US Stock Futures Up Ahead Of Housing Starts Data]]> US stock futures are higher this morning, as investors are awaiting housing starts data. Futures for the Dow Jones Industrial Average surged 34 points to 13,311.00 and S&P 500 index futures rose 2.90 points to 1,444.10. Nasdaq 100 futures climbed 10 points to 2,711.50.

US stocks closed higher on Tuesday, with

]]> <![CDATA[Earnings Scheduled For December 19, 2012]]> Actuant (NYSE: ATU) is expected to report its Q1 earnings at $0.50 per share on revenue of $396.37 million.

FedEx (NYSE: FDX) is estimated to report its Q2 earnings at $1.41 per share on revenue of $10.84 billion.

Jabil Circuit (NYSE: JBL) is expected to post

]]> <![CDATA[Stocks To Watch For December 19, 2012]]> Some of the stocks that may grab investor focus today are:

Wall Street expects FedEx (NYSE: FDX) to report its Q2 earnings at $1.41 per share on revenue of $10.84 billion. FedEx shares climbed 0.42% to $92.75 in after-hours trading.

Oracle (NASDAQ: ORCL) reported better-than-expected fiscal second-quarter adjusted

]]> <![CDATA[Earnings Expectations for the Week of December 17]]> The middle of the week will bring a cluster of quarterly reports ahead of the Christmas break. Foremost among them are results from economic bellwether FedEx (NYSE: FDX), which is expected to post lower earnings, Nike (NYSE: NKE), whose EPS are forecast to be the same

]]> <![CDATA[How Will These New Food Stocks Fare in 2013?]]> Social media giant Facebook (NASDAQ: FB) commands most of the attention as far as 2012 initial public offerings are concerned. That is easy to understand as Facebook is the purveyor of a product that millions of Americans use everyday, the company's IPO was the most anticipated in Silicon

]]> <![CDATA[The Week Ahead: Fiscal Cliff Deadline Rapidly Approaching]]> With only two weeks left in 2012, investors will likely be looking to U.S. politicians next week for market moving headlines. So far, House Republicans have failed to reach a deal with the White House that would prevent the country from plunging over the “fiscal cliff” -- a set of

]]> <![CDATA[Stocks To Watch For December 12, 2012]]> Some of the stocks that may grab investor focus today are:

Molycorp (NYSE: MCP) announced the resignation of its President and Chief Executive Mark Smith. Molycorp shares tumbled 8.56% to $10.36 in the after-hours trading session.

Wall Street expects Joy Global (NYSE: JOY) to report its Q4 earnings

]]> <![CDATA[General Mills Declares $0.33 Dividend]]> The General Mills Board of Directors today declared a quarterly dividend at the prevailing rate of $.33 per share, payable Feb. 1, 2013, to shareholders of record Jan. 10, 2013. The current annualized dividend rate of $1.32 per share is an 8 percent increase over dividends of $1.22 per share

]]> <![CDATA[Boring Stocks For 2013]]> When it comes to investing, it is often said that "boring is beautiful" and that "slow and steady wins the race." At least that is the type of sage advice often passed down from a grandfather to his grandchildren. Whether or not the grandchildren listen is another matter altogether.

They

]]> <![CDATA[Top 4 Large-Cap Stocks In The Processed & Packaged Goods Industry With The Lowest PEG Ratio]]> Below are the top large-cap processed & packaged goods stocks on the NYSE and the NASDAQ in terms of PEG ratio.

Mead Johnson Nutrition Company (NYSE: MJN) has a PEG ratio of 1.98. Mead Johnson Nutrition's trailing-twelve-month revenue is $3.83 billion.

General Mills (NYSE: GIS) has a PEG

]]> <![CDATA[Ruby Tuesday Looks to Climb With New CEO]]> Shares of restaurant chain Ruby Tuesday (NYSE: RT) rose on Monday after the company announced that it had completed its five-month search for a new CEO with the hiring of James "J.J." Buettgen, a Darden Restaurants (NYSE: DRI) executive.

Buettgen held the title of senior vice

]]> <![CDATA[Pre-Thanksgiving Earnings Previews: Campbell Soup, Tyson Foods and More]]> After J.M. Smucker (NYSE: SJM) posted higher fiscal second-quarter results and lifted its outlook on Friday, more big food processing companies are on the schedule to share earnings this week leading up to the Thanksgiving holiday in the United States.

They are Campbell Soup (NYSE:

]]> <![CDATA[Europe Stinks, But These Stocks May Not In 2012]]>