Diageo earns 2.26 bln dlrs from sale of General Mills shares
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Drinks giant Diageo said it had raised 2.26 billion dollars (1.84 billion euros) from the sale of 49.9 million shares in US food company General Mills Inc.
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South African gold miner Gold Fields (GFI) has reported net earnings per share of 21 cents for the September quarter from a net loss per share of 39 cents in the June quarter.
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General Mills Inc. said Monday it plans to buy back about 16.5 million shares of its common stock from beverage company Diageo PLC.
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MINNEAPOLIS - Food conglomerate General Mills Inc. said Monday it is selling its stake in a European snack operation for $750 million to beverage giant PepsiCo Inc.
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Diageo, the worldâs largest spirits company, said on Monday that it had bought the Chalone Wine Company for $260m including debt.
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General Mills Inc. GIS.N on Tuesday  reported a 19 percent rise in quarterly earnings as price  increases and stronger sales of Pillsbury products helped  offset higher ingredient and energy costs.
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General Mills Inc.  on Thursday posted quarterly profit that was a penny shy of analysts' estimates as increased marketing spending and higher commodity costs tempered gains.
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GlaxoSmithKline Plc  has bought  global rights to Danish biotech company Genmab's  most  promising new drug, a treatment for leukemia, in a record deal  worth up to $2.1 billion, the two firms said on Tuesday.
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General Mills Inc. GIS.N, the   world's second-largest maker of breakfast cereals, on Thursday   reported a 6 percent rise in quarterly profit, beating Wall   Street estimates, as stepped-up marketing efforts helped boost   sales of Cheerios and other products.
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General Mills Inc. GIS.N, the world's   second-largest maker of breakfast cereal, on Thursday said   quarterly earnings rose, helped by sales of ready-to-serve   soups and improved plant operations.
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Diageo Plc, the world's biggest   alcoholic drinks group, reported a 10 percent rise in annual   earnings, but its shares fell on dashed hopes the group might   raise its targets and the effects of a weaker dollar.
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YESTERDAY Close $75.73 Change +$2.22 52-WEEK High $76.90 Low $58.71 Genzyme Corp. of Cambridge said profit jumped tenfold as sales increased for its medicines for rare genetic disorders, some of the world's costliest drugs. The company gained 3 percent in New York trading.
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General Electric Co.  backed its first-quarter and full-year earnings forecasts on Thursday and said it expects a $565 million pretax gain from divesting a 33.3 million share stake in Swiss RE .
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Diageo, the world's biggest maker of alcoholic drinks, has said that its net profit surged by 42 percent to 1.908 billion pounds during its financial year, boosted by strong sales in the United States.
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Bank of America  sold 230 billion yen ($2 billion) of global bonds on Friday, sources said, joining a handful of major banks that have sought to raise cash in Japan's stable credit markets.
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Cargill Inc. in Minnetonka has sold eight of its steel-making facilities, including operations in St. Paul and Duluth, to Gerdau Ameristeel in Toronto for a total of $266 million.
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GlaxoSmithKline Plc  has bought global rights to Danish biotech company Genmab's  most promising new drug, a treatment for leukemia, in a record deal worth up to $2.1 billion, the two firms said on Tuesday.