According to Benzinga Pro data Sysco (NYSE:SYY) posted a 8.71% decrease in earnings from Q4. Sales, however, increased by 0.9% over the previous quarter to $19.13 billion.
Morgan Stanley analyst John Glass raised the price target of Chipotle Mexican Grill Inc (NYSE:CMG) and Wingstop Inc (NASDAQ:WING) to $1,847 and $128, respectively. Glass slashed…
Trian Partners was founded in 2005 by activist investor Nelson Peltz, who has a history of buying up shares, securing board seats and orchestrating M&A deals.
Pre-open movers
U.S. stock futures traded lower in early pre-market trade on Friday after recording losses on Thursday. The Dow Jones closed lower by more than 100 points, while the Nasdaq Composite fell around 150 points in the previous session after the US Federal Reserve, on Wednesday, raised its policy rate by 75 basis points for the third time.
Seafood company Blue Star Foods Corp (NASDAQ:BSFC) has signed a one-year extension to its multi-year supply contract with Sysco Corp (NYSE:SYY). The financial terms…