Shares of General Mills climbed to the highest level since June 2010 on speculation that the maker of Cheerios cereal may be acquired by Nestle SA. Members of the media and financial analysts have mixed views about the validity of the rumors, but most agree that the combination would be a logical match.
Shares of General Mills Inc. climbed to the highest level since June 2010 thanks to speculation that the maker of Cheerios and Progresso may be acquired by Nestle SA.
There has been a lot written and discussed in the media about the impact of Japans earthquake on markets. Here is one of the best assessments that CGT has encountered on how the tragedy affected the consumer goods supply chain in particular.