Shares of Sysco Corp. (SYY) were sharply higher in early afternoon trading Tuesday after the biggest food distributor to restaurants in the U.S. posted better-than-expected profit on higher volumes and positive operating leverage.
HOUSTON, Jan. 30, 2024 (GLOBE NEWSWIRE) -- Sysco Corporation (NYSE: SYY) (“Sysco” or the “company”) today announced financial results for its 13-week second fiscal quarter ended December 30, 2023.
The new market cycle is getting underway, and some investors – maybe even yourself – are getting carried away by the bullish media and the market's all-time high prices today. Far from sounding like a hurt bear, there are reasons why you may want to take some profits off the table and consider more ‘defensive' names, characterized by their immunity to the business cycle.
HOUSTON, Jan. 09, 2024 (GLOBE NEWSWIRE) -- Sysco Corporation (NYSE:SYY) will host a conference call and webcast to discuss its second quarter fiscal year 2024 financial results at 10 a.m. EDT on Tuesday, Jan. 30, 2024.
The Health Care Select Sector SPDR Fund NYSEARCA: XLV, which has both growth and defensive characteristics, was the leader in the first week of the year. Top sector performers included Moderna Inc. NASDAQ: MRNA, Merck & Co., Inc. NYSE: MRK and Viatris Inc. NASDAQ: VTRS.
You may have heard of the “Dividend Aristocrats,” but have you heard of the “Dividend Kings?” While dividend aristocrats have at least 25 years of consecutive annual dividend increases under their belts, dividend kings go the extra.
HOUSTON and SEATTLE , Dec. 18, 2023 /PRNewswire/ -- Today, Sysco Corporation (NYSE: SYY), and iFoodDS announced a proof-of-concept project to explore solutions that enable Sysco and its diverse supplier base to capture, store, and share data required by the U.S. Food and Drug Administration (FDA) Food Safety Modernization Act (FSMA) 204 Food Traceability Rule. "As the global leader in foodservi...
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