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Houston, Texas-based company $SYY saw an acceleration in product cost deflation in 2Q16 driven by key center-of-the-plate categories such as meat, poultry and pork and dairy. $SYY believes deflation headwinds will persist for the remainder of FY16. Total Broadline cases grew 3.4% and local cases grew 2.9% in 2Q16.
$PFE has been slapped with a fine of $107 million by the UK for overcharging its epilepsy drug.
President Trump's tweet suggesting cancellation of Air Force One contract with $BA citing high cost has made the headlines. Will it make any impact in the Street for Boeing since the aircraft is meant for the use of President of US?
For the past few quarters $LULU has had a consistent net revenue increase of around 16%, so expecting the same this time around too. Maybe more!!!