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Shares of General Mills (GIS) shed 1.2% premarket after the company takes on a harsh downgrade...

Shares of General Mills (GIS) shed 1.2% premarket after the company takes on a harsh downgrade from Goldman Sachs. The firm shines its light on General Mills due to "product cycle issues" with a retail portfolio it call over-extended. Both the cereal and non-Greek yogurt categories look to be at risk to Goldman.
Comments (2)
  • HerbertMarcuse
    , contributor
    Comments (506) | Send Message
     
    The short sellers are making rain
    11 Jan 2013, 10:26 AM Reply Like
  • Doug Meeks
    , contributor
    Comments (1127) | Send Message
     
    It will be nice to add GIS to more client portfolios. Still love the Latin America segments and the growth there.
    11 Jan 2013, 11:23 AM Reply Like
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