Sysco Q3 Adj. EPS Tops Estimates, But Sales Miss; Appoints Kevin Hourican As Chairman

Frozen Shakes Sold To Care Facilities Recalled After Listeria Outbreak, Death

Frozen supplemental shakes under Lyons ReadyCare and Sysco Imperial brands sold to hospitals and long-term care facilities have been recalled following a multistate outbreak of Listeria monocytogenes, including deaths. Sysco Corp., Lyons Magnus LLC, and their third-party manufacturer Prairie Farms Dairy, Inc. have called back 4 oz. Lyons ReadyCare and Sysco Imperial Frozen Supplemental Shakes.

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Sysco To Acquire Edward Don & Co. For Undisclosed Terms

Sysco Corp. (SYY) announced Wednesday it has agreed to acquire Edward Don & Co., a leading distributor of foodservice equipment, supplies, and disposables based in Chicago, IL.

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Sysco Q1 Adj. EPS Miss Estimates, But Sales Top; Reaffirms FY22 Outlook

Sysco Corp. (SYY) reported Tuesday net earnings for the first quarter that increased to $465.57 million or $0.91 per share from $378.01 million or $0.73 per share in the prior-year quarter.

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U.S. Service Sector Activity Returns To Expansion In October

The Institute for Supply Management released a report on Wednesday showing U.S. service sector activity returned to expansion in the month of October. The ISM said its services PMI climbed to 52.4 in October after falling to 50.0 in September, with a reading above 50 indicating growth. Economists had expected the index to inch up to 50.8.

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U.S. Private Sector Employment Rebounds More Than Expected In October

Payroll processor ADP released a report on Wednesday showing private sector employment in the U.S. rebounded by more than expected in the month of October. ADP said private sector employment climbed by 42,000 jobs in October after slipping by a revised 29,000 jobs in September. Economists had expected private sector employment to rise by 25,000 jobs.

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U.S. Private Sector Adds 42,000 Jobs In October, More Than Expected

Payroll processor ADP released a report on Wednesday showing private sector employment in the U.S. rebounded by more than expected in the month of October.

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Higher Commodity Prices, Bargain Hunting May Lift Canadian Stocks At Open

Canadian stocks may move higher Wednesday morning, tracking firm oil and metal prices. Some bargain hunting is also likely after a sell-off in the previous session pushed the market to a six-week low.

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Wall Street May Open With Slightly Negative Bias

Slightly lower S&P and Nasdaq futures amid valuation concerns indicate a flat to negative start for stocks on Wall Street Wednesday morning. Data on manufacturing and services sector activity in the U.S. in the month of October may provide some direction to the mark

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EURUSD	1.14746	GBPUSD	1.30341	AUDUSD	0.64974
USDJPY	154.278	USDCAD	1.4129	USDCHF	0.81167