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(Marketwatch)   General Mills earnings have a low cereal number   (marketwatch.com) divider line 12
    More: Fail, General Mills, Google Street View, frozen vegetables, GIS, account of profits  
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572 clicks; posted to Business » on 16 Mar 2014 at 12:05 AM (18 weeks ago)   |  Favorite    |   share:  Share on Twitter share via Email Share on Facebook   more»



12 Comments   (+0 »)
   
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2014-03-16 12:15:54 AM
4 dollars for a box of donut seeds, no thanks
 
2014-03-16 12:50:43 AM

doofusss: 4 dollars for a box of donut seeds, no thanks


DONE . IN . ONE
 
2014-03-16 12:55:41 AM
"General Mills earnings guidance misses Street view"

Another victim of Apple's Maps
 
2014-03-16 01:35:47 AM
Okay, the margin on cereal is stupid high for a product we have collectively outgrown, but we grew up to eat our veggies ala Green Giant.

How close did their loss parallel reductions in food stamps?
 
2014-03-16 01:42:32 AM

wildcardjack: Okay, the margin on cereal is stupid high for a product we have collectively outgrown, but we grew up to eat our veggies ala Green Giant.

How close did their loss parallel reductions in food stamps?


have you ever traveled outside of a city?
with seeds and soil you can grow your own sausages,
fill every taco you want,
cilantro is soap like lubricant
 
2014-03-16 03:01:41 AM

wildcardjack: How close did their loss parallel reductions in food stamps?


None.  Because simply reduction in food stamps hasn't actually happened yet.  GM cited battling against generic brands and currency fluctuations as to the missed guidance.  Which, btw, was only 4 cents below estimates.

Yes... 4 fark'n cents.
 
2014-03-16 04:44:31 AM
Know what I'd like to see? The complete doing away of guidance, and even earnings estimates. They serve no useful purpose at all. Ever.
 
2014-03-16 07:36:12 AM
Well, ever since they started bragging about their GMO-free Cheerios to kowtow to the paranoid anti-science smuggies, I've wished a pox on their house.
So, good.
 
2014-03-16 09:47:51 AM

WhyteRaven74: Know what I'd like to see? The complete doing away of guidance, and even earnings estimates. They serve no useful purpose at all. Ever.


I'm okay with publicly available profitability estimates, only because a great deal of super low risk investment areas (like pension funds) need a source of consistent returns to pay out their own obligations. Fortune 500 companies are generally a good spot to park large cash reserves.

However, I want full disclosure on how the estimation was derived with a third party agency (perhaps the SEC) providing analysis of the profitability expectations and flagging agencies with massively optimistic expectations as worthless.

/And if we're just GIVING those unicorns away....
 
2014-03-16 04:41:06 PM
I think they're just playing Trix on their investors.
 
2014-03-16 08:08:31 PM
Maybe because some parents are a little smarter these days and realize that Chocolate Frosted Sugar Bombs might be contributing to their child's obesity.

/DNRTFA
 
2014-03-17 02:37:22 AM

gingerjet: wildcardjack: How close did their loss parallel reductions in food stamps?

None.  Because simply reduction in food stamps hasn't actually happened yet.  GM cited battling against generic brands and currency fluctuations as to the missed guidance.  Which, btw, was only 4 cents below estimates.

Yes... 4 fark'n cents.


4 cents per share! There are millions of shares of most companies out there. 4 cents on each share adds up, or in the case of a loss subtracts down, I guess.
 
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