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General Mills nearly quadrupled its first-quarter net...

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General Mills nearly quadrupled its first-quarter net earnings compared with the same period last year, due largely to profits on the sale of its Talbots and Eddie Bauer clothing outlets. It reported net income of $289.9 million in the three months ended Aug. 28, compared with net income of $77.2 million in the first quarter of 1987.

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