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Stock Market & Financial Investment News

News Breaks
February 4, 2013
08:06 EDTSYYSysco reports Q2 food cost inflation 2.5%
Food cost inflation was 2.5%, as measured by the estimated change in Sysco's product costs, driven mainly by inflation in the poultry and meat categories. In addition, sales from acquisitions within the last 12 months increased sales by 1.1%, and the impact of changes in foreign exchange rates for Q2 increased sales by 0.3%. Case volume for the company's Broadline and SYGMA operations combined grew 2.8% during Q2, including acquisitions, and approximately 1.8%, excluding acquisitions.
News For SYY From The Last 14 Days
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January 22, 2015
05:49 EDTSYYStocks with implied volatility movement; SYY GGP
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January 16, 2015
14:24 EDTSYYFTC near end of Sysco deal review, with parties still divided, WSJ says
The Federal Trade Commission is close to wrapping up its review of the proposed merger of Sysco and U.S. Foods, but people familiar with the talks said gaps still exist between the two sides on potential divestitures and it remains possible the FTC could bring a civil suit challenging the deal, according to The Wall Street Journal. Reference Link

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