Shares of General Mills, Inc. (NYSE:GIS) ended Tuesday session in red amid volatile trading. The shares closed down -0.69 points or -1.04% at $65.60 with 3.54 million shares getting traded. Post opening the session at $66.49, the shares hit an intraday low of $65.55 and an intraday high of $66.53 and the price vacillated in this range throughout the day. The company has a market cap of $40.07 billion and the numbers of outstanding shares have been calculated to be 599.55 million shares.
On Aug. 3, 2016 For years, ambitious plans for great-tasting dinners have been thwarted by a singular moment of panic, when you remember the chicken is still in the freezer. General Mills launches its newest dinner solution, Freezer to Plate, in an expansion of The Good Table product line that brings its easy, gourmet-style meal preparations to frozen chicken. Freezer to Plate pairs one of four new restaurant-inspired sauce varieties with rice or pasta for a remarkably simple, one-decision meal that eases the pressure of dinner planning – and the pain of that moment you realize you forgot to thaw the chicken.
Requiring less than five minutes of prep time, Freezer to Plate lets you simply combine rice or pasta with water, and add chicken straight from your freezer along with one of four sauce varieties – Lemon Garlic Herb, Marsala, Southwestern or Teriyaki. Bake for 45 minutes, and you have a gourmet-style dinner prepared with ingredients you can feel good about. Each Freezer to Plate package also includes suggestions for tasty add-on ingredients, such as avocado and fresh lime juice for extra Southwestern flare.
“Everyone can relate to the frustrations associated with a planned dinner gone wrong, with the classic example of failing to set the chicken out in the morning being a common occurrence,” said Liana Miller, Marketing Communications Planner for The Good Table. “Those collective experiences really served as the inspiration for Freezer to Plate, as we set out to develop a ‘go-to’ product to turn to in those meal planning crunch times. It’s a convenient, easy, flavorful way to bring the family together.”
Shares of Energous Corp (NASDAQ:WATT) ended Tuesday session in green amid volatile trading. The shares closed up +0.21 points or 1.31% at $16.27 with 956,811.00 shares getting traded. Post opening the session at $16.10, the shares hit an intraday low of $15.44 and an intraday high of $16.47 and the price vacillated in this range throughout the day. The company has a market cap of $338.86 million and the numbers of outstanding shares have been calculated to be 17.04 million shares.
On August 09, 2016 Energous Corporation (WATT), the developer of WattUp®, a revolutionary wire-free charging technology that provides over-the-air power at a distance, announced financial results for the second quarter ended June 30, 2016 and provided an update on its operational progress.
Unaudited 2016 Second Quarter Financial Results
For the second quarter ended June 30, 2016:
- Revenue of approximately $0.2 million; $10.5 million in operating expenses, comprised of $7.5 million in R&D, $2.4 million in G&A and approximately $0.6 million in marketing.
- Net loss of $10.3 million, or $0.62 per basic and diluted share.
- Adjusted EBITDA (a non-GAAP financial measure) loss of $8.5 million.
- $14.2 million in cash and cash equivalents at the end of the second quarter with no debt.