Oracle, Discover and Tiffany are all expected to report year-over-year growth for their most recent quarters this week. Meanwhile, many will be looking for an updated snapshot of the housing market, with three sets of real-esta…
As earlier bouts of alarmism over Europe, then a double-dip recession and then deflation fade away, a new bogeyman is taking their place: Inflation, and the damage it could do to profits and stocks. Yes, prices are rising, but …
Consumers will start to see prices rising at the stores — and soon, as the costs of commodities like cotton, sugar, and coffee are surging to record highs.
Continue reading Rising Cotton Prices May Mean Pricie…
Companies facing soaring commodity prices must decide whether to pass these increases on to their consumers.
Continue reading Companies Torn Between Price Hikes and Frugal Consumers
Companies Tor…
General Mills (GIS) reported adjusted diluted earnings for the quarter of 64 cents per share, matching the results form a year earlier.
Net sales grew 1% to $3.53 billion in the first fiscal quarter ended Aug. 29, the company said in a statement. The cost of goods sold included a $72 million increase in mark-to-market value of commodity positions.
General Mills makes foods such…
Continue reading General Mills Reports Quarterly EPS of 64 Cents
General Mills Reports Quarterly EPS of 64 Cents originally appeared on DailyFinance on Wed, 22 Sep 2010 07:55:00.
Filed Under: Company News, Earnings, Green, Retail