General Mills to Raise Prices; Analyst Downgrades Stock
The Record, Bergen County, NJ › June 06, 2007
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Summary
MINNEAPOLIS General Mills Inc. said Tuesday that it would raise cereal prices to match increases by competitors, but investors sent its shares down more than 3 percent, and one analyst downgraded the stock.
General Mills spokesman Tom Forsythe said customers should actually see lower prices per box, but the boxes will be smaller, so the effect is a price increase of a few percent.See the full content of this document
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General Mills to Raise Prices; Analyst Downgrades Stock
The maker of Wheaties and Lucky Charms h...
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