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Sysco Corp

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  • Myanmar fisherman goes home after 22 years as a slave Wednesday, 1 Jul 2015 | 12:01 AM ET

    TUAL, Indonesia— All he did was ask to go home. The last time the Burmese slave made the same request, he was beaten almost to death. But after being gone eight years and forced to work on a boat in faraway Indonesia, Myint Naing was willing to risk everything to see his mother again.

  • MBIA and AMAG are big market movers Monday, 29 Jun 2015 | 4:27 PM ET

    NEW YORK— Stocks that moved substantially or traded heavily Monday on the New York Stock Exchange and the Nasdaq Stock Market:. MBIA Inc., down $1.95 to $6.37. National Bank of Greece, down 31 cents to 97 cents.

  • Sysco pulling out of US Foods buyout after FTC move Monday, 29 Jun 2015 | 8:32 AM ET

    NEW YORK— Sysco is scrapping its proposed $3.5 billion buyout of US Foods after a Federal Trade Commission legal victory that temporarily blocked the deal to combine the two food-service companies. It will pay $300 million to US Foods and $12.5 million to another company, Performance Foods Group, in breakup fees. Performance Foods had a deal to buy 11 US Foods...

  • NEW YORK— Fears that Greece's troubles could spread through the global financial system shook markets on Monday, driving U.S. stocks to their worst day of the year. Greece's Prime Minister, Alexis Tsipras, said his government would hold a referendum on budget proposals made by the country's lenders. Jeff Carbone, a senior partner at Cornerstone Financial...

  • US STOCKS-Wall St falls as Greece uncertainty weighs Wednesday, 24 Jun 2015 | 11:00 AM ET

    June 24- Wall Street was mostly lower on Wednesday as investors waited for more clarity on the ongoing debt talks between Greece and its creditors even as data showed that the U.S. economy's first-quarter contraction was smaller than earlier thought. Tsipras will meet the heads of the European Central Bank, the International Monetary Fund and the European...

  • Asian stocks lower as latest Greece bailout talks falter Wednesday, 24 Jun 2015 | 10:07 AM ET

    NEW YORK— Stocks retreated Wednesday, erasing all of the week's earlier gains, as negotiations between Greece and its creditors seemed no closer to reaching a resolution. Investors had been hopeful earlier in the week that the Greece problem was reaching the finish line, but those hopes diminished as Wednesday wore on. Prime Minister Alexis Tsipras criticized...

  • Early movers: LEN, NFLX, MKC, WFM, FCX & more Wednesday, 24 Jun 2015 | 7:56 AM ET
    Traders work on the floor of the New York Stock Exchange.

    Some of the names on the move ahead of the open.

  • US judge, FTC pause Sysco merger with US Foods Tuesday, 23 Jun 2015 | 6:13 PM ET
    Sysco tractor-trailers sit parked outside the company's distribution center in Louisville, Ky.

    A U.S. judge has accepted a request by the Federal Trade Commission to stay a proposed merger between Sysco and US Foods.

  • WASHINGTON, June 23- Sysco Corp's $3.5 billion merger with US Foods should be stopped for further review, a federal judge ruled on Tuesday, handing a major victory to the U.S. government in its effort to block the controversial merger. Sysco Chief Executive Officer Bill DeLaney said the company was "profoundly disappointed" with the judge's decision to grant the...

  • After-hours buzz: Netflix, Boeing, Sysco & more Tuesday, 23 Jun 2015 | 5:42 PM ET
    Traders work the floor of the New York Stock Exchange.

    Check out the companies making headlines after the bell Tuesday: Netflix, Boeing & more.

  • WASHINGTON, June 23- Sysco Corp's $3.5 billion merger with US Foods should be stopped for further review, a U.S. federal judge ruled on Tuesday, handing a major victory to the U.S. government, which had filed an antitrust lawsuit aimed at blocking the controversial merger. Sysco Chief Executive Officer Bill DeLaney said the company was "profoundly disappointed"...

  • WASHINGTON, June 23- Sysco Corp, the nation's largest food distributor, lost a battle with the U.S. government as a federal judge ruled on Tuesday that the company could not merge with its biggest competitor, US Foods, without a go-ahead from antitrust enforcers. "The FTC has shown that there is a reasonable probability that the proposed merger will substantially...

  • 15 big stocks burn you in the summer Monday, 22 Jun 2015 | 10:44 AM ET
    An Apache worker on a drilling rig in Mentone, Texas.

    Fifteen large S&P 500 stocks tend to perform poorly during the summer, USA Today reports.

  • The 'winners' of the bird flu epidemic Friday, 5 Jun 2015 | 11:53 AM ET
    Cartons of eggs sit on a cooler shelf at a Safeway gocery store. Prices of eggs are on the rise as a decrease it the egg supply continues as a result of avian flu.

    While the recent bird flu outbreak has hit many hard, it has also yielded some winners.

  • Cramer Remix: Shutting down the haters Friday, 22 May 2015 | 7:39 PM ET
    Jim Cramer

    "Mad Money" host Jim Cramer on why this market can’t stop, won’t stop.

  • Hampton Creek: Bird flu weapon & chicken's BFF Friday, 22 May 2015 | 6:51 PM ET
    Eggs

    Jim Cramer speaks to the CEO of Hampton Creek Foods on being the perfect solution to the nationwide egg-supply shortage.

  • May 20- Hormel Foods Corp, the maker of Spam lunch meat, said it expected sales at its Jennie-O Turkey Store business to fall about 15 percent in the second half of the year, due to a supply shortfall caused by an avian flu outbreak in the United States. However, shares of the company, which reported a better-than-expected second-quarter profit and reaffirmed its...

  • Egg cost rising due to bird flu Monday, 18 May 2015 | 9:00 AM ET
    Egg cost rising due to bird flu

    The bird flu outbreak could threaten U.S. poultry and egg supply for the next nine to eighteen months according to food service company Sysco.

  • Early movers: ENDP, ANN, BABA, INTC, COP & more Monday, 18 May 2015 | 7:53 AM ET
    Traders work on the floor of the New York Stock Exchange.

    Some of the names on the move ahead of the open.

  • Bird flu saga to limit chicken, egg supply: Sysco Saturday, 16 May 2015 | 2:35 PM ET
    Chicken farm

    Sysco said on Friday that a record U.S. outbreak of avian flu would limit its chicken and egg supply for nine to 18 months.