General Mills Elects Two New Board Members and PepsiCo, Strauss Group in Joint Venture

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City of Industry, CA --(www.USEquityNews.com)-- 12/12/2007 - Consumer Goods industry alert provided by U.S. Equity News. General Mills (NYSE: GIS) recently elected Lois E. Quam and Bradbury (Brad) H. Anderson to its board of directors. Quam is managing director of alternative investments at Piper Jaffray. In this position, Quam is responsible for developing new business opportunities and investment offerings in the areas of clean technology/renewables and health care.


The chairman of coffee distributor Green Mountain Coffee Roasters Inc. (NASDAQ: GMCR) exercised options for 122,771 shares of common stock, according to a Securities and Exchange Commission filing recently. In a Form 4 filed with the SEC, Robert P. Stiller reported exercising the options for $6.65 to $7.50 apiece and then selling 200,000 shares on the same day for $32.85 apiece. Insiders file Form 4s with the SEC to report transactions in their companies' shares.

Food and beverage company PepsiCo Inc. (NYSE: PEP) said recently it is teaming with Israel-based Strauss Group Ltd. to operate hummus maker Sabra. Hummus is a thick dip containing mashed chickpeas that is commonly used as an appetizer and served on pita bread. The joint venture will make and sell dips and spreads in the United States and Canada.

NutraCea (OTCBB: NTRZ) a world leader in stabilized rice bran (SRB) nutrient research and technology announced recently financial results for the third quarter and nine months ended September 30, 2007. The Company reported consolidated net revenues of $1.5 million for the third quarter of 2007 compared to net revenues of $4.9 million for third quarter 2006, a decrease of $3.4 million. Gross product sales were reported at $3 million, excluding a product sales return of $1.5 million.

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