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General Mills Inc (GIS)

GIS on New York Consolidated

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25 Jul 2016
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Latest Key Developments (Source: Significant Developments)

General Mills terminates two five-year credit agreements
Wednesday, 18 May 2016 05:24pm EDT 

General Mills Inc : On May 18, 2016, General Mills Inc terminated its five-year credit agreement, dated as of April 16, 2012 . On May 18, 2016, General Mills Inc terminated its five-year credit agreement, dated as of May 23, 2014 .Entered into a five-year credit facility with an initial aggregate revolving commitment of $2.7 billion.  Full Article

General Mills Inc declares 5 percent dividend increase
Tuesday, 8 Mar 2016 04:31pm EST 

General Mills Inc:Board declared a quarterly dividend of $0.46 per share, payable May 2 to shareholders of record April 11.  Full Article

General Mills Inc acquires EPIC Provisions
Wednesday, 6 Jan 2016 09:04am EST 

General Mills Inc:Has acquired EPIC Provisions.Terms of the deal were not disclosed.EPIC will operate under General Mills' Annie's business.EPIC will maintain its present location in Austin.  Full Article

General Mills Inc announces acquisition of Brazilian Yogurt Maker Carolina
Wednesday, 23 Dec 2015 07:30am EST 

General Mills Inc:Announces acquisition of brazilian yogurt maker carolina.Terms of the transaction were not disclosed.Says General Mills continues to invest in Brazil.  Full Article

General Mills Inc revises FY 2016 outlook
Thursday, 17 Dec 2015 07:00am EST 

General Mills Inc:Revised its FY 2016 growth targets to reflect the impact of the Green Giant divestiture.FY 2016 net sales in constant currency are now expected to decline at a low single-digit rate from the FY 2015 levels that included a 53rd week.FY 2016 constant-currency adjusted diluted EPS is expected to grow at a low single-digit rate from the base of $2.86 earned in FY 2015.  Full Article

General Mills issues voluntary class I recall of cheerios and honey nut cheerios cereal produced at its lodi, California location on certain dates
Monday, 5 Oct 2015 03:30pm EDT 

General Mills Inc :Issues voluntary class I recall of cheerios and honey nut cheerios cereal produced at its lodi, California location on certain dates.Voluntarily recalling production of cheerios ,honey nut cheerios due an undeclared allergen with potential adverse health effects.Says no other General Mills cereals are affected.  Full Article

General Mills voluntarily recalls a limited quantity of frozen Cascadian Farm Cut Green Beans
Friday, 2 Oct 2015 03:15pm EDT 

General Mills Inc :Voluntarily recalls a limited quantity of frozen cascadian farm cut green beans.Voluntary class 2 recall of a limited quantity of frozen cascadian farm cut green beans produced on one day in June 2015.Says no other varieties or production dates of cascadian farm products are affected by this recall.Says no illnesses have been reported in connection with this product.Recall being issued as a precaution after one package of finished product tested positive for the presence of listeria monocytogenes.Says product was distributed to retail establishments nationwide.  Full Article

General Mills, Inc reaffirms FY 2016 guidance
Tuesday, 22 Sep 2015 07:00am EDT 

General Mills, Inc:Sees FY 2016 net sales to essentially match the FY 2015 levels.Sees FY 2016 adjusted diluted EPS to grow at a mid single-digit rate from the base of $2.86 earned in FY 2015.  Full Article

B&G Foods to Acquire Iconic Green Giant brand from General Mills, Inc
Thursday, 3 Sep 2015 08:30am EDT 

B&G Foods Inc:Says that it has entered into an agreement to acquire the iconic Green Giant ( (reg) )and Le Sueur ( (reg) )brands, leaders in frozen and canned vegetables, from General Mills, Inc. for about $765 million in cash.  Full Article

General Mills voluntarily recalls a limited quantity of frozen cascadian farm cut green beans
Wednesday, 26 Aug 2015 01:13pm EDT 

General Mills Inc:Announced a voluntary Class I recall of a limited quantity of frozen Cascadian Farm Cut Green Beans produced over two days in March 2014.No related illnesses have been reported in connection with this product.Recall is being issued as a precaution after one package of finished product tested positive for the presence of Listeria monocytogenes.  Full Article

BRIEF-General Mills to close snacks manufacturing facility in Marília, Brazil - SEC Filing

* To eliminate excess capacity, will close snacks manufacturing facility in Marília, Brazil