International Business News - GIS http://www.ibtimes.com All articles are copyrighted by IBTimes.com 400 100 http://www.ibtimes.com/ http://www.ibtimes.com/images/top_logo_ibt2_3.gif Among the earnings projection stories for Wednesday, Nov. 19, from AP Financial News: Trina Solar Ltd. on Wednesday lowered its full-year 2008 revenue estimate as the maker of solar photovoltaic products expects fewer product shipments for the year than previously forecast. http://www.ibtimes.com/articles/20081119/outlook-roundup-trina-solar-general-mills.htm Wed, 19 Nov 2008 14:45:59 EST General Mills Inc. on Wednesday reaffirmed its fiscal 2009 earnings guidance, saying it is on track to meet sales and earnings targets for the year. The maker of Wheaties cereal and Pillsbury Toaster Strudel told investors at the Morgan Stanley Global Consumer and Retail Conference in New York it expects to meet targets of mid single-digit net sales growth and mid-single digit segment operating profit growth in the fiscal year ending in May. http://www.ibtimes.com/articles/20081119/general-mills-backs-2009-earnings-guidance.htm Wed, 19 Nov 2008 12:07:15 EST Food makers General Mills Inc. and Chiquita Brands International Inc. will present at an investor conference on Wednesday. Both companies are schedule to speak at the Morgan Stanley Global Consumer & Retail Conference, later Wednesday morning and in the afternoon. http://www.ibtimes.com/articles/20081119/ahead-of-the-bell-chiquita-general-mills-to-talk.htm Wed, 19 Nov 2008 06:17:57 EST An analyst on Tuesday lowered his rating on Kellogg Co., saying the world's leading cereal maker will see headwinds from consumers pulling back spending in key economies and negative effects from the strengthening dollar. http://www.ibtimes.com/articles/20081118/analyst-lowers-rating-on-kellogg-on-economic-woes.htm Tue, 18 Nov 2008 14:50:04 EST An analyst on Monday lowered estimates for several top food makers, including General Mills Inc., H.J. Heinz Co., and Kraft Foods Inc., saying their earnings growth is at risk due to a stronger U.S. dollar and lower volume growth as economies soften worldwide. http://www.ibtimes.com/articles/20081117/sector-snap-analyst-lowers-food-maker-estimates.htm Mon, 17 Nov 2008 14:12:30 EST Gannett Co., the publisher of USA Today, said Thursday it had acquired social media services company Ripple6 Inc., whose platform already powers Gannett's MomsLikeMe.com sites. http://www.ibtimes.com/articles/20081113/gannett-co-acquires-social-media-firm-ripple6.htm Thu, 13 Nov 2008 14:38:11 EST An analyst on Wednesday said General Mills Inc.'s growth abroad is largely positive, despite economic challenges and the maker of Cheerios and Betty Crocker is on track to exceed expectations this year. http://www.ibtimes.com/articles/20081112/analyst-general-mills-could-exceed-expectations.htm Wed, 12 Nov 2008 11:19:45 EST General Mills Inc. spent $192,000 in the third quarter to lobby on food safety, import inspections and other issues, according to a recent disclosure report. http://www.ibtimes.com/articles/20081107/general-mills-spent-192k-lobbying-govt-in-3q.htm Fri, 07 Nov 2008 17:35:20 EST General Mills Inc. is launching its first major brand campaign for Pillsbury in several years, hoping stressed consumers will connect with the soothing warmth of the brand's baked goods. http://www.ibtimes.com/articles/20081104/pillsbury-launches-first-major-campaign-in-years.htm Tue, 04 Nov 2008 13:17:14 EST General Mills Inc. said Friday it would recall cans of its Progresso Hearty Tomato soup from one day of production because it may contain allergens that were not listed on the label. http://www.ibtimes.com/articles/20081103/general-mills-does-limited-progresso-soup-recall.htm Mon, 03 Nov 2008 09:27:17 EST Shares of most food makers wavered Wednesday afternoon after Federal Reserve policy makers cut a key interest rate in the hopes of boosting credit. The central bank said Wednesday it was lowering its target for the federal funds rate, the interest that banks charge on overnight loans, a half point to 1 percent. http://www.ibtimes.com/articles/20081029/food-stocks-waver-after-fed-rate-cut.htm Wed, 29 Oct 2008 14:40:06 EDT The nation's dietitians, food makers and retailers want you to know how many calories are in that frozen pizza you devoured last night--and they don't want you to have to go looking for it. http://www.ibtimes.com/articles/20081024/new-front-of-package-food-labels-coming-next-year.htm Fri, 24 Oct 2008 16:22:33 EDT Worries over a global recession have pushed the price of oil to its lowest in over a year. Don't expect the same for a bottle of beer, a tube of toothpaste, or a box of cereal. http://www.ibtimes.com/data/articleimgs/155569-sticky-prices.jpg http://www.ibtimes.com/articles/20081019/grocery-bill-still-high-blame-sticky-prices.htm http://www.ibtimes.com/articles/20081019/grocery-bill-still-high-blame-sticky-prices.htm Sun, 19 Oct 2008 17:26:46 EDT General Mills Inc. says its stock is up this year due to cost-saving efforts like trimming the number of pasta shapes in its Hamburger Helper line. Analysts say it's because strong brands and product innovation are wooing consumers and keeping sales robust. http://www.ibtimes.com/articles/20081017/general-mills-finds-winning-recipe-for-stock-gains.htm Fri, 17 Oct 2008 18:48:25 EDT An analyst on Wednesday upgraded General Mills Inc. to "Overweight" from "Neutral," saying the company is gaining market share in the cereal category and is poised to keep growing. http://www.ibtimes.com/articles/20081015/analyst-upgrades-general-mills-to-overweight.htm Wed, 15 Oct 2008 14:35:31 EDT Shares of the nation's food makers slumped Friday amid another market plunge, but analysts say the industry is poised to benefit from declining commodity costs and strong retail pricing. http://www.ibtimes.com/articles/20081010/sector-snap-analysts-positive-on-food-makers.htm Fri, 10 Oct 2008 14:13:04 EDT General Mills Inc. is removing MSG from all 80 of its Progresso soups, the food company said Wednesday, responding to competitors' advertising. The Minneapolis-based company said 26 Progresso soups are already MSG free and it plans to remove the additive from its other Progresso varieties. http://www.ibtimes.com/articles/20081008/general-mills-cuts-msg-from-progresso-soups.htm Wed, 08 Oct 2008 16:11:35 EDT A Barclays Capital analyst said Tuesday most food makers should see higher profits in the third quarter and fiscal 2009 due to price increases the companies have taken to offset higher costs. http://www.ibtimes.com/articles/20081007/sector-snap-foodmakers-shares-mixed.htm Tue, 07 Oct 2008 15:12:51 EDT Combating the growing obesity problem among children will require stronger action at all levels from food makers to governments and schools, witnesses told U.S. lawmakers Tuesday at a hearing about how foods are marketed to kids. http://www.ibtimes.com/articles/20080923/panel-hears-thoughts-on-food-marketing-to-kids.htm Tue, 23 Sep 2008 17:39:29 EDT Cheerios and Betty Crocker maker General Mills Inc. said Monday it plans to keep expanding its international business, the company's fastest-growing segment, and increase its marketing to offset the soft economy. http://www.ibtimes.com/data/articleimgs/136281-earns-general-mills.jpg http://www.ibtimes.com/articles/20080922/general-mills-to-keep-expanding-international-unit.htm http://www.ibtimes.com/articles/20080922/general-mills-to-keep-expanding-international-unit.htm Mon, 22 Sep 2008 15:32:53 EDT