Thursday, June 28, 2007

General Mills earnings up less than 1%

11:40 am ET Jun 28, 2007

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CORRECT: General Mills earnings up less than 1%

NEW YORK
General Mills Inc., maker of Cheerios cereal and Yoplait yogurt, said
Thursday fourth-quarter profit rose less than 1% as Big G cereals and
Nature Valley granola bars sales helped make up for rising grain and
marketing costs.

European deal to sell iPhone still in the works

LONDON
Capturing the elusive high-end consumer is the biggest lure behind the
exclusive deal to distribute Apple Inc.'s much anticipated iPhone in
Europe, industry observers said Thursday.

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