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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 (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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