General Mills Q1 sales drops 3.3% to $4.4 billion
General Mills (NYSE:GIS) reported first-quarter fiscal 2027 net sales of $4.4 billion, down 3% from the prior year due mainly to the impact of the U.S. yogurt business divestiture.
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General Mills (NYSE:GIS) reported first-quarter fiscal 2027 net sales of $4.4 billion, down 3% from the prior year due mainly to the impact of the U.S. yogurt business divestiture.
Manchester United (NYSE:MANU) reported record fiscal 2026 revenue of £677.6 million for the year ended June 30, 2026, while returning to operating profit.
ANI Pharmaceuticals (NASDAQ:ANIP) received final approval from the U.S. Food and Drug Administration for its Abbreviated New Drug Application for Everolimus Tablets for Oral Suspension.
RPM International (NYSE:RPM) signed a definitive agreement to acquire Volteco S.p.A., an Italy-based supplier of below-grade waterproofing solutions, for its Tremco Construction Products Group.
Surf Air Mobility (NYSE:SRFM) signed a definitive agreement with SkyDance Air for OperatorOS, its SurfOS flight operations software platform powered by Palantir Technologies (NASDAQ:PLTR).
AEVEX Corp. (NYSE:AVEX) announced Specter, a jet-powered autonomous platform under development using modular design and scalable manufacturing methods.
Target Corporation (NYSE:TGT) declared a regular quarterly dividend of $1.16 per common share, payable on December 1, 2026.
Meta Platforms (NASDAQ:META) is expected to unveil new smart glasses at its annual Connect conference, including a camera-free model amid growing privacy concerns.
NW Natural Holding Company (NYSE:NWN) said its SiEnergy subsidiaries reached a settlement with key parties in a Texas general rate case that includes an $8.6 million annual revenue increase.
Cardiol Therapeutics (NASDAQ:CRDL) reached its original enrollment target for the Phase III MAVERIC trial of CardiolRx in recurrent pericarditis and plans to expand enrollment to up to 150 patients.
Kimberly-Clark (NYSE:KMB) offered concessions to address European Union antitrust concerns regarding its proposed $40 billion acquisition of Kenvue (NYSE:KVUE), according to a European Commission filing.
OECD Chief Economist Stefano Scarpetta discusses the outlook for inflation, the impact of artificial intelligence on the global economy and debt markets, and rising bond yields. Speaking on Bloomberg Television, Scarpetta says "central banks have to remain very vigilant" about the risk of higher prices. "They need to intervene like they have done so far, perhaps more than what they did in 2022," he adds.
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