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Sheldon Liber Return Risk +2.76% MID Tracked Blogger Profile & Performance Subscribe to author

Symbol Sentiment Start Return Closed GIS 07/01/09 +4.14% 07/06/09 Via BloggingStocks:   Filed under: Earnings reports, Good news, Competitive strategy, General Mills (GIS), Stocks to Buy, Best Stocks for 2009 Profits up in the heartland; at least for General Mills (NYSE: GIS) as they doubled in the fourth quarter beating analysts estimates by promoting their strong brands to consumers as management understood well the economic headwinds they were facing. This contributed to GIS income for the year making it into positive territory as it reported this morning that net income edged up to $1.3 billion, or $3.80 per share, from $1.29 billion, or $3.71 per share, in the prior year. Annual sales climbed 8 percent to $14.69 billion from $13.65 billion. Continue reading Q4 profits double as you eat up General Mills Q4 profits double as you eat up General Mills originally appeared on BloggingStocks on Wed, 01 Jul 2009 13:40:00 EST. Please see our terms for use of feeds. Permalink | Email this | Comments   Read the rest of original post »

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