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| 2009 | GENERAL MOTORS : General Motors, Citigroup to be cut from the Dow | RE |
| 2009 | GENERAL MOTORS : General Motors, Citigroup to be removed from Dow | RE |
CHICAGO (Reuters) - General Mills Inc on Wednesday said that it expects earnings for the recently ended fiscal year to beat expectations after a 13 percent sales gain in the fourth quarter.
The maker of Cheerios cereal, Progresso soup and Yoplait yogurt said it now expects to report earnings of about $3.52 a share, before one-time gains, up 11 percent from reported earnings a year earlier.
The company had previously forecast earnings per share of $3.45 to $3.47, before one-time items, for the year ended May 25. Analysts on average forecast $3.48, according to Reuters Estimates.
(Reporting by Brad Dorfman, editing by Gerald E. McCormick)
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| 75.73 USD | +0.22% | +2.45% | 20.14B | ||
| 45.84 USD | +0.48% | +8.19% | 52.28B | ||
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