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General Mills cuts fiscal 2012 adj. profit outlook
General Mills Inc. is lowering is fiscal 2012 adjusted earnings forecast, saying it experienced softer volumes in the U.S. during December and January.Its shares fell $1.43, or 3.6 percent, to $38.35 in premarket trading on Friday.General Mills remains one of the most popular food brands in grocery stores. But like most of its peers, it has struggled with higher costs for everything from ingredients

GlobalOutlook Secures New Commitments from Naya Ventures to Fuel its Global Expansion
GlobalOutlook, the No. 1Secure cloud-based Business Communication Service provider today announced that they have received a commitment for infusion of funds from Naya Ventures. The new funds will be used to accelerate their expansion plans in global markets.

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Naya Ventures to invest up to $2 mn in Hyderabad firm
Naya Ventures, a US-based venture capital firm, will be investing up to $2 million in Global Outlook, a cloud-based business communications service provider from Hyderabad.

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Builders group sees pickup in housing this year

The U.S. housing market will begin to mount a turnaround this year, building toward a solid recovery in 2013, according to a forecast issued Wednesday by the chief economist of a homebuilding

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The short-term outlook for spices is negative: Ian Hard

The spice market is faced with high demand and constrained supply. Having observed the market closely for the past several years, Ian Hard, managing editor of Public Ledger, a

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Weak outlook for the rupee

The rupee has begun 2012 on a note that suggests there will be as many trading opportunities as in 2011. In the first five weeks, the rupee gained eight-nine per cent against the dollar, euro,

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