How General Mills Is Getting Its Mojo Back

General Mills (NYSE: GIS) introduced Lucky Charms exactly 55 years ago, and on Wednesday, it showed the markets that its luck may be turning. The packaged food giant beat profit expectations for its fiscal third quarter and raised guidance. That's in fairly sharp contrast to how the industry has been performing in recent years as consumers gradually shift their pantries […]

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Higher store spending to hit Dollar General 2019 profit, shares fall

(Reuters) – Dollar General Corp forecast 2019 profit below analysts’ expectations on Thursday as the discount retailer ramps up spending on stores to pull in more customers, sending its shares down more than 7 percent. As competition heats up in the grocery space with the entry of more online businesses, the company said it would spend about $50 million to […]

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Casey's General Stores Inc (CASY) Q3 2019 Earnings Conference Call Transcript

Casey's General Stores Inc (NASDAQ: CASY)Q3 2019 Earnings Conference CallMarch 12, 2019, 10:30 a.m. ET Contents: Continue Reading Below Prepared Remarks Questions and Answers Call Participants Prepared Remarks: Operator Good day, ladies and gentlemen, and welcome to the Q3 Fiscal 2019 Casey's General Stores Earnings Conference Call. At this time, all participants are in a listen-only mode. Later, we will […]

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New York attorney general investigates Trump business deals

New York's attorney general has opened a civil investigation into President Donald Trump's business dealings, taking action after his former lawyer told Congress he exaggerated his wealth to obtain loans. Continue Reading Below A person familiar with the inquiry said Attorney General Letitia James issued subpoenas Monday to Deutsche Bank and Investors Bank seeking records related to four Trump real […]

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Casey's General Stores Continues Its Slow and Steady Progress

Coming out of the Great Recession, few companies performed as well as Casey's General Stores (NASDAQ: CASY). The small-town convenience and gasoline store returned 550% for investors between March 2009 and the May 2016 retirement of then-CEO Robert Myers. After that, however, came a spell of disappointing results and mixed signals from the new leadership team under the direction of […]

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Better Buy: General Electric vs. Coca-Cola

The two companies may seem like a strange pair to compare, but doing so helps us understand the long-term investment case for both stocks. General Electric (NYSE: GE) and Coca-Cola (NYSE: KO) are both iconic American companies that have seen better days and face questions over their near-term free-cash-flow (FCF) generation and long-term growth prospects. Let's take a look at […]

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