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...It said Sysco Corp, the food retailer, lacked a climate change policy....
...(GQ) News round-up French insurer Covéa set to buy PartnerRe for $9bn (FT) Sysco Corp explores tie-up with Germany’s Metro (FT) Software company $1.4bn loan deal shelved on virus turmoil (FT) British...
...The declines come after the Wall Street Journal reported that US Foods and Sysco – two major US food distributors – became the latest to serve up allegations of anti-competitive in the market for broiler...
...Sysco shares initially rallied on Monday after the largest food manufacturer and distributor in the US reported better than expected profits in its fiscal fourth quarter....
...Barker Hughes, torpedoed a $6.3bn merger between Staples and Office Depot, thwarted a $45bn deal between media giants Comcast and Time Warner Cable, crashed the $8.9bn marriage between food distributors Sysco...
...Barker Hughes, torpedoed a $6.3bn merger between Staples and Office Depot, thwarted a $45bn deal between media giants Comcast and Time Warner Cable, crashed the $8.2bn marriage between food distributors Sysco...
...Sysco is constantly buying tiny local or specialised companies and throwing them into its network....
...The IPO for US foods comes after Sysco walked away from an $8bn deal to acquire the company, agreed in late 2013, due to concerns from US competition authorities....
...US Foods’ offering also comes after Sysco walked away from an $8bn deal to acquire the company because of concerns among US competition authorities...
...Similar difficulties ultimately scuttled last year’s proposed Sysco-US Foods deal as well as the recent Staples-Office Depot hookup....
...The move comes after a move by Sysco, the biggest US food distribution company, to buy US Foods fell apart last summer as regulators objected to the tie-up on antitrust grounds....
...US Foods’ offering comes after Sysco walked away from an $8bn deal to acquire the company, because of concerns among US competition authorities....
...The current kerfuffle in which Sysco Corp finds itself is one example of this dilemma....
...It is one thing stumping up to keep the cash machines going in Scunthorpe or Spokane. It is quite another when the ATM is in a Dubai wall. Shareholders, meanwhile, fret about the absence of synergies....
...During the past few years these odd pairings have been broken up and stitched together with more suitable partners: Japan’s Suntory bought Fortune’s spirits business, Beam Inc, in January, while Titleist...
...On the other end of the benchmark index, Sysco was the worst performer, off 5.8 per cent to $33.52....
...Creativity, Inc – a finalist for FT/McKinsey Business Book of the Year – explains the failures, the tensions and the ultimate accolades from Finding Nemo to Toy Story....
...Food wholesaler Sysco fell 3.6 per cent to $29.79....
Investors cautious on Greece and Italy news
...On the same morning, the restaurant-supply company Sysco reported better than expected sales driven by success in passing food price inflation through to customers while simultaneously growing volumes....
...Sysco , which distributes food for the food service industry, fell 2.7 per cent to $29.23 after it reported its earnings were squeezed by higher food and commodity costs....
...Share repurchasing also continued, with Sysco Corp, the largest distributor of food to restaurants, hospitals and schools, rising 2.4 per cent to $28.14 after it said it would buy back 20m shares....
...Sysco , the food distributor, also reported slightly lower-than-expected earnings, with net income coming in at 57 cents a share compared with an average forecast of 58 cents a share....
...When he was on the staff of Spokane’s paper, The Spokesman-Review, he was known as Old Triple Digit because all his pieces ran at least a hundred column inches....
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