General Mills Q4 Profit Matches View; Forecast Falls Short; Dividend Boosted (GIS)
Packaged foods giant General Mills, Inc. (GIS) on Wednesday posted fiscal fourth quarter earnings that met analyst expectations, but its full-year 2012 forecast was lower-than-expected. The Minneapolis-based company reported fiscal fourth quarter net income of $320.2 million, or 48 cents per share, compared with $211.9 million, or 31 cents per share, in the year-ago period. [...]