UPDATE: General Mills Posts Downbeat Q2 Profit

General Mills (NYSE: GIS ) reported a 1.5% gain in its second-quarter profit. General Mills' quarterly profit surged to $549.9 million, or $0.84 per share, versus a year-ago profit of $541.6 million, or $0.82 per share. Its adjusted earnings dropped to $0.83 from $0.86 per share. Its revenue declined