The share price of Golden Valley-based General Mills closed down for a second day as investors reacted to the company's decision to slash its fourth quarter profit forecast. This is the second time in less than three months company officials have said profits would fall short of expectations. The results indicate troubles have spread beyond the effort to integrate General Mills' ten-point-four billion dollar acquisition of Pillsbury last fall. Minnesota Public Radio's Bill Catlin reports.
Digitization made possible by the State of Minnesota Legacy Amendment’s Arts and Cultural Heritage Fund, approved by voters in 2008.
Views and opinions expressed in the content do not represent the opinions of APMG. APMG is not responsible for objectionable content and language represented on the site. Please use the "Contact Us" button if you'd like to report a piece of content. Thank you.
Transcriptions provided are machine generated, and while APMG makes the best effort for accuracy, mistakes will happen. Please excuse these errors and use the "Contact Us" button if you'd like to report an error. Thank you.