Performance Food Group Guides Q4 Net Sales Below View; Trims FY24 Net Sales Outlook - Update

Performance Food Group To Acquire Cheney Brothers For $2.1 Bln Cash

Performance Food Group Co. (PFGC) announced Wednesday that it has entered into a definitive agreement with Cheney Bros., Inc., pursuant to which PFG will acquire Cheney Brothers for $2.1 billion in cash.

RTTNews | 427 dias atrás

Performance Food Group Guides Q2 Net Sales Below View; Backs FY23 Net Sales Outlook

While reporting financial results for the first quarter on Wednesday, Performance Food Group Co. (PFGC) provided net sales guidance for the second quarter, below estimates. The company also maintained its net sales guidance for the full-year 2023.

RTTNews | 707 dias atrás

Performance Food Group Boosts Q2, FY23 Net Sales Outlook As Q1 Results Top Estimates

Performance Food Group Co. (PFGC) reported Wednesday that net income for the first quarter soared to $95.7 million or $0.62 per from $4.70 million or $0.03 per share in the prior-year quarter.

RTTNews | 1071 dias atrás

Fed's Beige Book Says U.S. Economic Activity Little Changed

Economic activity in the U.S. has shown little change since early September, according to the Federal Reserve's Beige Book.

RTTNews | 2 h 11 min atrás

U.S. Mortgage Applications Fall For Third Week: MBA

Mortgage applications for house purchase in the U.S. decreased for a third week in a row, survey results from the Mortgage Bankers Association showed on Wednesday. The market composite index, which measures the house purchase mortgage loan application volume, dropped a seasonally adjusted 1.8 percent in the week ended October 10 following a 4.7 percent decline in the previous week, results of th

RTTNews | 3 h 44 min atrás

New York Manufacturing Index Unexpectedly Indicates Growth In October

New York manufacturing activity has seen a significant turnaround in the month of October, according to a report released by the Federal Reserve Bank of New York on Wednesday. The New York Fed said its general business conditions index surged to a positive 10.7 in October after plunging to a negative 8.7 in September, with a positive reading indicating growth.

RTTNews | 6 h 38 min atrás

Bay Street Likely To Open Higher Again

Canadian shares are likely to open on a positive note Wednesday morning, tracking the firm trend in European markets, and higher commodity prices. The undertone is likely to remain firm amid expectations of an interest rate cut by the Federal Reserve at its upcoming monetary policy meeting.

RTTNews | 7 h 40 min atrás

New York Manufacturing Index Unexpectedly Returns To Positive Territory

New York manufacturing activity has seen a significant turnaround in the month of October, according to a report released by the Federal Reserve Bank of New York on Wednesday.

RTTNews | 7 h 42 min atrás

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