|Bid||49.31 x 1000|
|Ask||49.32 x 1200|
|Day's Range||48.23 - 49.52|
|52 Week Range||36.42 - 49.52|
|Beta (3Y Monthly)||0.98|
|PE Ratio (TTM)||14.49|
|Earnings Date||Mar 19, 2019 - Mar 25, 2019|
|Forward Dividend & Yield||1.96 (4.12%)|
|1y Target Est||46.00|
Shawn Cruz, TD Ameritrade Trader Business Strategy Manager, says the policy mistake the Fed could make is not having a "downward adjustment to the dot plot in terms of rate expectations." Yahoo Finance’s Alexis Christoforous speaks to him, Scott Gamm and Brian Sozzi.
FedEx warns of slowing global growth, Lyft gets a "buy" rating, General Mills sales surge and Levi Strauss' IPO sees high demand||7000070760.
The S&P 500 and Dow rose and then reversed course to end lower after the Federal Reserve on Wednesday announced it was holding benchmark interest rates at current levels and signaled no further rate hikes in 2019.
Conagra Brands Beat Q3 Profit Estimate, Stock RoseThird-quarter results Conagra Brands (CAG) reported mixed third-quarter results on March 21. The company’s adjusted third-quarter earnings for the period ending February 24 beat analysts’
General Mills (GIS) is at a 52-week high, but can investors hope for more gains in the future? We take a look at the company's fundamentals for clues.
Flowers Foods' (FLO) focus on acquisitions and Project Centennial bodes well. However, increased materials, supplies, labor and other production costs are concerns.
Inc. boosted profit with higher prices, but sales volume slipped in the latest quarter for the maker of Cheerios cereal and Yoplait yogurt. Excluding certain costs, Minneapolis-based General Mills on Wednesday reported an adjusted profit of 83 cents a share for the fiscal third quarter ended Feb. 24, beating expectations of 69 cents a share. General Mills executives said new flavors and packaging would help products including yogurt to recover from that slump.
Stocks that moved substantially or traded heavily on Wednesday: FedEx Corp., down $6.34 to $175.07 The package delivery company said weaker global trade cut into profit and revenue, which fell shy of Wall ...
The S&P 500 and the Dow ended lower on Wednesday as interest rate-sensitive financial stocks dragged down the indexes after the U.S. Federal Reserve affirmed a dovish monetary policy stance. While all three major U.S. stock indexes briefly reversed earlier losses following the Fed statement, only the Nasdaq ended the session in positive territory.
The Dow Jones Industrial Average fell Wednesday after the Federal Reserve decided to leave interest rates unchanged. Stock ended the day mixed Wednesday after the Federal Reserve decided to leave interest rates unchanged in the 2.25% to 2.5% range and downgraded its expected rate path to signal that no rate hikes are likely in 2019. The decision had been widely anticipated after central-bank officials led by Chairman Jerome Powell signaled in January they would pause their three-year campaign to tighten monetary policy as the U.S. economy slows.
Shares of FedEx Corp. (FDX) tumbled 5.71% to $171.06 in after-hours trading on Tuesday following the release of the results for the third quarter of fiscal 2019. The Memphis, Tennessee-based international provider of integrated shipping and logistics services missed consensus estimates by 7 cents on non-GAAP earnings, having posted $3.03 per diluted share, which was 18.5% lower than the prior-year quarter. Warning! GuruFocus has detected 7 Warning Signs with FNV.
Check out the companies making headlines midday Wednesday:FedEx FDX — Shares of FedEx dropped 5.14 percent after the company reported lower-than-expected third-quarter earnings and reduced its earnings outlook for fiscal year 2019.
General Mills Stock Rises on Strong Q3 Results and Guidance(Continued from Prior Part)Strong EPS guidance to support stockGeneral Mills’ impressive third-quarter performance is expected to drive its stock higher. Also, management raised the
General Mills earnings for the company's fiscal third quarter of 2019 has GIS stock up on Wednesday.Source: Mike Mozart via Flickr (Modified)General Mills (NYSE:GIS) reported earnings per share of 83 cents for its fiscal third quarter of the year. This is an increase over its earnings per share of 79 cents from the same period of the year prior. It was also good news for GIS stock by beating out Wall Street's earnings per share estimate of 69 cents for the quarter.The General Mills earnings report for its fiscal third quarter of 2019 also includes net income of $446.80 million. This a drop from the company's net income of $941.40 million reported in its fiscal third quarter of 2018.InvestorPlace - Stock Market News, Stock Advice & Trading TipsOperating income reported in the General Mills earnings release for its fiscal third quarter of the year comes in at $651.30 million. The food company's operating income from the same time last year was $569.50 million.General Mills earnings for its fiscal third quarter of 2019 also has it reporting revenue of $4.20 billion. This is better than the company's revenue of $3.88 billion reported in its fiscal third quarter of the previous year. It was also a boon to GIS stock by coming in above analysts' revenue estimate of $4.19 billion for the period. * 5 Cloud Stocks to Help Your Portfolio Fly The most recent General Mills earnings report also includes an update to its fiscal 2019 guidance. The company now expects revenue to be near the low end of its flat to 1% increase guidance. It is also looking for earnings per share to be flat to up 1%. It was previously expecting earnings per share to be flat to down 3%.GIS stock was up 3% as of noon Wednesday. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 7 Invincible Stocks Leading The Bull Market Higher * 5 Dow Jones Stocks Coming to Life * 7 of the Best High-Yield Funds for 2019 and Beyond As of this writing, William White did not hold a position in any of the aforementioned securities.Compare Brokers The post General Mills Earnings: GIS Stock Jumps on Q3 Beat appeared first on InvestorPlace.
is succeeding where other food giants are failing, keeping its product lineup fresh and improving margins at the same time. On Wednesday the packaged food company reported revenue and earnings per share that were ahead of analyst expectations for the quarter ended Feb. 24. Profitability also is improving, with gross margins rising by two percentage points from a year earlier to 34.4% in the quarter.
U.S. stocks fell on Wednesday after economic bellwether FedEx Corp's downbeat profit outlook raised concerns about global growth, while investors waited for more clarity on the Federal Reserve's interest rate forecasts for the rest of the year. The policy statement will also shed light on long-awaited details regarding the Fed's plans to stop reducing its holdings of Treasury bonds. "With the Fed, investors will be focusing on the growth outlook for 2019.
Cheerios cereal maker General Mills Inc beat Wall Street estimates for quarterly profit and raised its full-year forecast on Wednesday, aided by price increases across a wide range of products, sending ...
Likely to happen upon the Fed's announcement at 2pm ET today is that the overall number of rate hikes expected throughout 2019 will come down.
General Mills Stock Rises on Strong Q3 Results and GuidanceKey takeawaysGeneral Mills (GIS) stock was trading about 5% higher during the pre-market session today following the company’s better-than-expected third-quarter results and strong