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General Mills Announces Plan to Cut Jobs

General Mills Announces Plan to Cut Jobs

General Mills Inc. (NYSE:GIS), a maker of Cheerios cereal and one of the largest cold cereal producers in the U.S., announced on Wednesday that it will be cutting 625 jobs amid rising commodity and freight costs, as well as slowing sales of its Yopl..

Casey’s General Stores' Shares Dropped After Missing Expectations

Casey’s General Stores' Shares Dropped After Missing Expectations

Casey’s General Stores, Inc. (NASDAQ: CASY) released its financial results for the fourth quarter of fiscal 2018. Shares of the company dropped 5% in morning trading on Tuesday, reaching the lowest level in the past three years.For the fourth ..

Ralph Lauren’s Profit Beat Forecasts

Ralph Lauren’s Profit Beat Forecasts

On Thursday, Ralph Lauren (NYSE: RL) reported quarterly revenue and profit that beat Wall Street predictions following sales of their high end clothing at full price as well as keeping a close eye on costs which brought shares up more than 5%. The c..

The One Thing that Could Interfere with Stock Market Performance

The One Thing that Could Interfere with Stock Market Performance

It seems like the American stock market is almost unshakable. There is absolutely nothing that can disturb its record level performance. The S&P 500 Index closed at 2,575.21 for the forty-ninth time in 2017 and has to its credit 350 days of trad..

Delta Air Lines Announced Worse-than-Expected Financial Results for the Second Quarter

Delta Air Lines Announced Worse-than-Expected Financial Results for the Second Quarter

On Thursday, the Atlanta, GA based Delta Air Lines, Inc. (NYSE: DAL) announced its financial results for the June quarter 2017, with both earnings and revenues missing estimates.According to the company, operating revenue increased 3.3% to $10,791 m..