Fly News Breaks for March 21, 2019
Mar 21, 2019 | 07:38 EDT
Citi analyst David Driscoll raised his price target for General Mills to $60 from $54 saying the company's momentum is starting to build with its fiscal Q3 beat and increased guidance. General Mills remains the analyst's top pick in U.S. Food and he reiterates a Buy rating on the name.
News For GIS From the Last 2 Days
Apr 23, 2019 | 08:05 EDT
General Mills signed a virtual 15-year power purchase agreement with Roaring Fork Wind, a joint venture partnership between RES and Steelhead Americas, for 200 megawatts of its Maverick Creek wind project. The wind project, located in central Texas, will produce renewable energy credits for General Mills that, together with the company's previous wind power agreement, are calculated to equal 100% of the electricity used annually at the company's owned domestic facilities. During the peak of construction, the project is anticipated to create approximately 175 jobs in the clean energy workforce.