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General Mills' (GIS +3.7%) healthy earnings are proof the cereal industry is rebounding after...

Sep. 21, 2011 3:15 PM ETGeneral Mills, Inc. (GIS) StockK, CAG, GISBy: Eric Jhonsa, SA News Editor1 Comment
General Mills' (GIS +3.7%) healthy earnings are proof the cereal industry is rebounding after enduring a brutal price war in 2010, even as it copes with rising food costs. In addition to General Mills, which reaffirmed its FY12 EPS outlook today, rivals Kellogg (NYSE:K) and Ralcorp (RAH) have been keeping a lid on price cuts. (transcript)

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