General Mills, the parent company of popular brands like Cheerios and Häagen-Dazs, is anticipating that the acquisition deal will result in a 3% decrease in adjusted per-share earnings in the first year after closing. This dilutive impact is expected to affect the company’s financial performance temporarily following the completion of the transaction. Despite this initial decrease, General Mills remains confident in the long-term benefits and strategic value of the acquisition.
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Caterpillar (CAT) Q2 Profit Falls 21%
Caterpillar (NYSE:CAT) reported Q2 FY2025 results on August 5, 2025, with GAAP revenue of $16.57 billion, exceeding expectations, but Adjusted profit per share at $4.72 fell short of the $4.89 forecast. Despite a 1% year-over-year revenue decline due to cost pressures, material margin declines, and new tariffs, the company continues to serve diverse industries globally with its extensive range of heavy machinery and financial products. Want More Context? 🔎
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