Posts by Kathy Cherpelis

  • Sony warns of big loss; FedEx delivers a beat; General Mills misses estimates

    Kathy Cherpelis at Hot Stock Minute40 mins ago

    Here is a look at some of the stocks the Yahoo Finance team will be watching for you today.

    FedEx (FDX) shares were higher in early trading. The package delivery company reported profits and sales that topped analysts' estimates thanks to strength in its express and ground businesses. The company also said yesterday it will raise shipping rates in the U.S. on average by 4.9% in January.  

    General Mills (GIS) fell before the bell. The company known for its Cheerios cereal and Betty Crocker cake mix reported earnings that missed estimates by $0.08. Quarterly profit fell 25% and sales also came in below expectations. The company is citing challenging U.S. market conditions and other factors for the shortfall. Earlier this month, the company said it would buy Annie's to expand its presence in the natural-and-organic-foods aisles.

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  • McDonald's sales slide; Home Depot confirms data hack; General Mills buys Annie's

    Kathy Cherpelis at Hot Stock Minute8 days ago

    Here is a look at some of the stocks the Yahoo Finance team will be watching for you today.

    McDonald's (MCD) shares were lower before the bell. The fast-food giant reported same-stores sales fell more-than-expected in August. Worldwide sales declined 3.7%, while U.S. sales fell 2.8% last month. Sales were hurt by recent food-safety scandal in China and a highly competitive environment in the U.S.  

    Home Depot (HD) shares slipped in early trading. The home improvement retailer confirmed that is payments systems were breached in its U.S. and Canadian stores due to a cyber attack that likely began as early April. Home Depot said there was no evidence that online customers were affected or that PIN numbers from debit cards were compromised. The breach may have been caused by similar malware used against Target (TGT)   last winter and may be even bigger than Target's.

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