CFOs On the Move: Week Ending November 20
AT&T, Lululemon, Cox Media Group, Washington Football Team, DXC Technology, Sysco, Molina Healthcare, New York Public Radio, LongRange Capital
Sysco Shares Rise Despite $618 Million Loss
The coronavirus has slammed Sysco's restaurant customers but its fourth-quarter loss came in lower than analysts had expected.
Rising Logistics Costs Fuel Sysco Earnings Miss
"We continue to see expense challenges in the warehouse and transportation areas of our supply chain," CEO Tom Bené says.
Sysco’s Profits Get Boost From Brakes Deal
The food-service company, which acquired U.K-based Brakes in February, nearly doubled its international sales in the first quarter.
Sysco to Buy U.K.’s Brakes Group for $3.1B
The deal will increase Sysco's presence in European food service distribution but investors are concerned it is paying too much for Brakes.
FTC’s Antitrust Case ‘Pure Fiction’: Sysco
The Federal Trade Commission's attempt to block Sysco's takeover of US Foods heads to a U.S. district court.
CFOs on the Move: Week Ending April 3
Ralph Lauren, Comcast, TD Ameritrade, TripAdvisor, Sysco, Insulet, Spirit Realty Capital, Ameresco, Alere
FTC Sues to Block Sysco-US Foods Merger
Proposed divestitures by Sysco and US Foods would not "counteract the significant competitive harm caused by the merger," says the Federal Trade Commission.