General Mills, Inc.

News and overview for General Mills, Inc.

Stocks on the move: Aeropostale, CareFusion, Dynegy, MetroPCS
Oakland Tribune (Calif.), The | 18 days 20 hours 43 minutes ago
By Lynn Thomasson and Mary Childs BLOOMBERG NEWS Shares of the following companies are having unusual moves in U.S. trading this morning.


Wire Business News
Sacramento Bee (Calif.), The | 28 days 14 hours 27 minutes ago
ENGLEWOOD CLIFFS, N.J. -- Unilever PLC said late Monday it has decided to phase out use of the Smart Choices logo on its food and beverage products now that the Food and Drug Administration plans to standardize criteria for food nutrition labels.


Unilever to phase out Smart Choices labels
Seattle Times, The | 28 days 14 hours 37 minutes ago
ENGLEWOOD CLIFFS, N.J. Unilever PLC said late Monday it has decided to phase out use of the Smart Choices logo on its food and beverage products now that the Food and Drug Administration plans to standardize criteria for food nutrition labels.


Food-Makers Promote Bad Eating Habits
Hartford Courant (Conn.), The | 14 days 13 hours 52 minutes ago
Choosing fat-saturated mayonnaise and sugar-laden Froot Loops and ice cream seems more suspect than nutritionally smart.


UPDATE 1-Smart Choices food labels halted on US FDA warning
Forbes | 31 days 14 hours 53 minutes ago
By Lisa Richwine WASHINGTON, Oct 23 (Reuters) - An industry-funded food labeling program was halted on Friday just days after U.S. officials warned they were investigating if nutrition claims on the front of packages were misleading.


Unilever to phase out Smart Choices labels - National Business - MiamiHerald.com
Miami Herald, The | 28 days 14 hours 28 minutes ago
ENGLEWOOD CLIFFS, N.J. -- Unilever PLC said late Monday it has decided to phase out use of the Smart Choices logo on its food and beverage products now that the Food and Drug Administration plans to standardize criteria for food nutrition labels.


Unilever to phase out Smart Choices labels - Business Wire - SunHerald.com
Sun Herald (Biloxi-Gulfport, Miss.), The | 28 days 14 hours 26 minutes ago
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Why Kraft wants Cadbury's secrets
Globe and Mail (Toronto), The | 15 days 35 minutes ago
Candy maker was in sights of acquisition-hungry Kraft; deal took on new urgency after last year's purchase of Wrigley by Mars


Smart Choices food labels halted on FDA warning
National Post (Canada) | 31 days 15 hours 29 minutes ago
WASHINGTON (Reuters) - An industry-funded food labeling program was halted on Friday just days after U.S.


Unilever to phase out Smart Choices labels
Forbes | 28 days 14 hours 32 minutes ago
ENGLEWOOD CLIFFS, N.J. -- Unilever PLC said late Monday it has decided to phase out use of the Smart Choices logo on its food and beverage products now that the Food and Drug Administration plans to standardize criteria for food nutrition labels.


Sell Block: Kraft Foods CEO Spoils the Stock
CNBC | 18 days 11 hours 49 minutes ago
Sell Kraft Foods, Cramer said Thursday. The company is “in terrible shape,” and that third-quarter earnings beat was “bogus.”


Not-so-smart label?
Star Tribune (Minneapolis-St. Paul, Minn.) | 31 days 8 hours 59 minutes ago
Food industry discontinues nutrition label after FDA says such programs may be misleading.


Unilever to Phase out Smart Choices Labels
ABC News | 28 days 14 hours 2 minutes ago
Unilever to stop using healthy food logos while FDA develops standard criteria for labels


Food Industry Labels Halted After FDA Warning
ABC News | 31 days 16 hours 56 minutes ago
WASHINGTON (Reuters) - An industry-funded food labeling program was halted on Friday just days after U.


Critics Blast Kellogg Over Cocoa Krispies Health Claim - Heavy Doses - Portfolio.com
Portfolio.com | 21 days 19 hours 48 minutes ago
The San Francisco city attorney is questioning Kellogg's claims that its kids' cereal boosts immune systems. Citing the swine flu pandemic, he wants CEO Mackay to back up the assertion.





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Company Overview


Company: General Mills, Inc.
Industry: Pastas & Cereals
Website: http://www.generalmills.com

General Mills gets its Kix trying to grab the spotlight as the US's #1 breakfast cereal maker (wrangling for the top spot every year with uber-rival Kellogg). But #1 or not, the company has supermarket-aisles-full of kid-friendly products. Its Big G Cereals include the well-known brands Cheerios, Chex, and Wheaties. Its products are manufactured in 15 countries and available in more than 100. General Mills operates 70 production facilities (down from 79 in 2008, the closures were a cost-controlling measure) -- 44 in the US, 11 in the Asia Pacific region, three in Canada, seven in Europe, four in Latin America and Mexico, and one in South Africa.


Key Numbers

Sales in U.S. Dollars (mil.) 14,691.3 (2009)
One-year % Growth in Sales 7.6 (2009)
Net Income in U.S. Dollars (mil.) 1,304.4 (2009)
One-year % Growth in Net Income 0.7 (2009)
Number of Employees 30,000 (2009)
One-year % Growth in Number of Employees 1.7 (2009)
Fiscal Year-End May