General Mills Inc

CNBC's Jim Cramer on Tuesday said that investors should consider adding J.M. Smucker stock to their shopping lists."Even though this market's had a real good run, and I think the bear is more or less dead outside of tech, I still think you need some downside protection because this is a tricky moment," he said.related investing newsNordson, C.H. Robinson and J.M. Smucker qualified for the S&P 500 Dividend Aristocrats and will be added to the index on Feb. 1, the S&P Dow Jones Indices said earlier this month.The…

A sign is posted in front of the Gilead Sciences headquarters on April 29, 2020 in Foster City, California.Justin Sullivan | Getty ImagesCheck out the companies making the biggest moves midday:General Mills — General Mills dropped 4.2%, despite reporting better-than-expected revenue and profit for the last quarter. The food producer also raised its full-year forecast. Higher prices partially offset increased output costs.Gilead Sciences — Gilead Sciences sank 2.4% after announcing its Kite unit would acquire biotech…

CNBC's Jim Cramer on Friday looked ahead to next week's earnings and economic data calendar, which will provide fresh insights on Wall Street's primary worry: whether the Federal Reserve's interest rate-hiking campaign will tip the U.S. into a recession."We want the Fed to talk a big game, without needing to actually do too much," Cramer said on Friday's episode of "Mad Money." "Talk is better than action. We want to scare the economy into slowing under its own weight. We don't want endless rate hikes ... that will…

Kellogg, the 117-year-old brand that started as a breakfast cereal company has since expanded to be one of the largest food companies in the world, has seen declining cereal sales over the past couple of decades.The one-time category leader is now facing a number of setbacks, including numerous lawsuits over its products' nutritional value amid a more health-conscious consumer base. And in 2021, the food giant sustained a damaging fire at its Memphis facility, and later that same year 1,400 workers went on strike to…

Twitter Inc laid off half its workforce on Friday but said cuts were smaller in the team responsible for preventing the spread of misinformation, as advertisers pulled spending amid concerns about content moderation. Tweets by staff of the social media company said teams responsible for communications, content curation, human rights and machine learning ethics were among those gutted, as were some product and engineering teams. The move caps a week of chaos and uncertainty about the company's future under new owner Elon…

ON Semiconductor Corp: "Right now, I've got a pause on the semis. Why? Because we've got so many problems right now in China."Dutch Bros Inc: "I want you to put half the position on now, and then half when it goes below $30. ... I like the stock, though."NIO Inc: "I have to say no to that. ... I think that that stock is not a buy."Cinemark Holdings Inc: "This is a very difficult business. ... I'm going to have to say, once again, "Cano Health Inc: "I like the healthcare space, I think they do quality healthcare work, and…

CNBC's Jim Cramer on Friday said that FedEx's warning of worsening economic conditions suggests the Federal Reserve is doing better in its inflation effort than expected — meaning the central bank could take a step back after its meeting next week."If Fed chief Jay Powell watched our interview last night … he might discover that he's made more progress whipping inflation than he might realize," Cramer said."Maybe Powell will hit us with another 75 basis point hike right here and then say maybe it's time to take a more…

Consumers may be dining out less, but breakfast sales are holding steady as people return to offices and grab a quick bite or iced coffee on the way to work.Overall traffic to restaurants fell 2% in the second quarter from a year ago as inflation drove menu prices up, according to market research firm The NPD Group. The only category that was unchanged: breakfast and morning snacks.Restaurant companies like Starbucks say morning sales are being driven in part by people returning to their pre-pandemic work routines. David…

CNBC's Jim Cramer on Thursday gave investors three options for packaged food stocks they can seek refuge in, as the stock market continues to seesaw."With commodity costs coming down big, the food stocks can become recession-proof safe-havens. But you have to be selective, which means sticking with the winners that we know are doing well," he said.All three major indices fell on Thursday, the last day of the second quarter. The Dow Jones Industrial Average and S&P 500 had their worst quarters since the first quarter…

Check out the companies making headlines before the bell:General Mills (GIS) – General Mills reported adjusted quarterly earnings of $1.12 per share, 11 cents above estimates, with revenue that also topped Wall Street forecasts. The stock rose 1.6% in the premarket, even as the food producer forecast full-year profit below Street estimates amid rising costs and shifting consumer preferences toward cheaper brands.Carnival (CCL) – The cruise line operator's shares slid 7.8% in premarket trading after Morgan Stanley cut the…