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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.
Any idea why some investors are happy about the disastrous $UA results??
Wow! GM killed it with earnings today! Did not expect this after $F gave the feeling it will eclipse the Chevy maker completely!
Oil rebound starting to show up in energy stocks. $XOM $CVX
I have a feeling "CLOUDy" days are ahead, with $AMZN leading the pack.
$AAL is giving pay hikes to its employees but investors are sulking.