US Foods Q2 Net Profit Declines; Reaffirms FY22 Adj. EPS Outlook

US Foods Reaffirms FY23 Outlook

Ahead of the meeting with analysts and investors at the ICR Conference later on Monday, foodservice distributor US Foods Holding Corp. (USFD) reaffirmed its adjusted earnings and adjusted EBITDA guidance for the full-year 2023.

RTTNews | 108 days ago

US Foods Appoints Dave Flitman As New CEO

Foodservice distributor US Foods Holding Corp. (USFD) announced Monday that Dave Flitman will become Chief Executive Officer (CEO), effective January 5, 2023. Flitman will also be a member of the US Foods Board of Directors.

RTTNews | 514 days ago

Continued Consolidation Called For South Korea Shares

The South Korea stock market has alternated between positive and negative finishes through the last six trading days since the end of the four-day losing streak in which it had plunged almost 125 points or 4.6 percent. The KOSPI now sits just beneath the 2,630-point plateau and it may take further damage on Friday.

RTTNews | 4h 25min ago

Japan Rate Decision On Tap For Friday

The Bank of Japan will wrap up its monetary policy meeting on Friday and then announce its decision on interest rates, highlighting a modest day for Asia-Pacific economic activity. The BoJ is widely expected to keep its benchmark lending rate steady at 0.1 percent.

RTTNews | 5h 25min ago

TSX Recovers From Early Losses, Ends Session Marginally Up

After opening negative gap and plunging deeper into the red Thursday morning, the Canadian market recovered gradually and moved into positive territory around mid afternoon to eventually end the day's session marginally up, thanks to strong buying in materials stocks.

RTTNews | 5h 42min ago

Swiss Market Ends Notably Lower

The Switzerland market ended notably lower on Thursday, in line with markets across Europe, with investors largely tracking earnings updates, and making cautious moves amid uncertainty about the outlook for Fed interest rates.

RTTNews | 10h 7min ago

European Stocks Close Lower As Investors React To Earnings, Economic Data

European stocks closed lower on Thursday with investors digesting a slew of earnings updates and economic data from Europe and the U.S. Data showing a spike in U.S. personal consumption expenditures price index raised concerns the Fed might hold interest rates higher for a longer period.

RTTNews | 10h 27min ago

U.S. Dollar Climbs As Jobless Claims Fall, PCE Inflation Rises

The U.S. dollar appreciated against its major counterparts in the New York session on Thursday, as GDP data showed a hot inflation reading for the first quarter and initial jobless claims fell to a two-month low last week, dashing hopes of a rate cut before September.

RTTNews | 10h 42min ago

All Quotes
AUDUSD	0.65255	USDCHF	0.9124
EURJPY	166.935	EURCHF	0.9789
EURGBP	0.85753	GBPJPY	194.657
EURUSD	1.07295	GBPUSD	1.25113
USDJPY	155.581	USDCAD	1.36551

EURUSD	1.07295	GBPUSD	1.25113
USDJPY	155.581	USDCAD	1.36551