
General Mills (GIS) is likely to fall short of market consensus on its fiscal first-quarter earnings
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General Mills (GIS) is likely to fall short of market consensus on its fiscal first-quarter earnings
Improved guidance did not resolve investor concern about declining volume, rising investment and persistent inflation.
Bernstein downgraded the stocks, citing headwinds from surging oil prices, the GLP-1 trend, and rising inflation.
The President wants rate cuts. His pick is set to take the chair at the Federal Reserve. Futures markets have spent weeks pricing in easing. Then the Bureau of Labor Statistics released the April Consumer Price Index report, and the door slammed shut. Headline CPI rose 3.8% year-over-year in April, up from 3.3% in March, ... Trump Wants Rate Cuts. The Data Just Made That Nearly Impossible.
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