Minneapolis Fed chief: Small businesses need loans [CBS News]
General Mills, Inc. (GIS)
Last general mills, inc. earnings: 3/18 07:00 am
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Source: CBS News
Minneapolis Fed chief: Small businesses need forgivable loans Neel Kashkari ran the bailout program that helped pull the U.S. out of the Great Recession. Now he has advice as the coronavirus leads the U.S. into a new recession. The head of the Federal Reserve Bank of Minneapolis told the U.S. government must take steps to mitigate the wave of unemployment about to sweep the nation as it shuts down to prevent the spread of the coronavirus pandemic. Neel Kashkari said one possible option is giving forgivable loans to small businesses that retain their workers. Avoiding mass layoffs, he said, is better than trying to pull people back into the workforce, which can take years. Kashkari knows what it takes to pull the country out of financial hardship. As Assistant Treasury Secretary in 2008, he He told Pelley he learned two lessons from the 2008 financial crisis that are relevant today: The government was too slow and too timid in responding, and the government's targeted help to h
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News
- General Mills, Inc. (NYSE: GIS) had its price target lowered by analysts at Barclays PLC from $74.00 to $68.00. They now have an "equal weight" rating on the stock.MarketBeat
- General Mills, Inc. (NYSE: GIS) had its price target lowered by analysts at Citigroup Inc. from $71.00 to $67.00. They now have a "neutral" rating on the stock.MarketBeat
- General Mills, Inc. (NYSE: GIS) had its price target lowered by analysts at Stifel Nicolaus from $82.00 to $78.00. They now have a "buy" rating on the stock.MarketBeat
- General Mills, Inc. (NYSE: GIS) had its "sector perform" rating re-affirmed by analysts at Royal Bank of Canada. They now have a $70.00 price target on the stock.MarketBeat
- General Mills, Inc. (NYSE: GIS) had its price target lowered by analysts at TD Cowen from $75.00 to $64.00. They now have a "hold" rating on the stock.MarketBeat
GIS
Earnings
- 12/18/24 - Beat
GIS
Sec Filings
- 12/20/24 - Form 144
- 12/18/24 - Form 10-Q
- 12/18/24 - Form 8-K
- GIS's page on the SEC website