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GIS Gilead Sciences Inc

65.58
-0.93 (-1.40%)
23 Jul 2024 - Closed
Realtime Data
Share Name Share Symbol Market Type
Gilead Sciences Inc TG:GIS Tradegate Ordinary Share
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  -0.93 -1.40% 65.58 65.51 65.64 66.79 65.34 66.21 4,141 22:50:16

General Mills Reaffirms FY09 Guidance After December Gains

09/01/2009 3:06pm

Dow Jones News


Gilead Sciences (TG:GIS)
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General Mills (GIS) confirmed it's on track to meet its profit targets for fiscal 2009 as cash-strapped consumers continue to cut back on eating out and buy more packaged food in grocery stores.

Speaking to analysts at a midyear update, the company said its December net sales were up from the previous year, and its Pillsbury and baking products business had a strong holiday season.

The cereal maker has done well as the economy has slipped into recession since most of its products are so- called consumer staples. Chief Financial Officer Don Mulligan said that momentum continued in the third quarter. The company reaffirmed its expectation for fiscal 2009 earnings of $3.83 to $3.87 a share, excluding items.

-By Anjali Cordeiro; Dow Jones Newswires; 201-938-2408; anjali.cordeiro@dowjones.com

Click here to go to Dow Jones NewsPlus, a web front page of today's most important business and market news, analysis and commentary. You can use this link on the day this article is published and the following day.

 
 

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