General Mills Prices Have Gone Up—and So Too Have Its Profits

Raising prices can be a tricky gamble, particularly when your consumer products exist within a crowded market. But General Mills, which raised prices in order to offset threats such as dairy industry inflation, said on an earnings call Wednesday that while the volume of its sales are down, its total profits are up 8% since […]

Kellogg CEO Says the Stock Is “Cheap” and a “Fantastic Bargain”

Steve Cahillane is on a mission. Ever since he became CEO of Kellogg (K) a year ago, he’s been telling employees and investors that he’s going to get the 113-year cereal company growing again. Sales at the Battle Creek, Michigan maker of Special K, Pringles, Rice Krispies Treats, and Pop-Tarts, have been declining for the […]