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Chief Information and Digital Officer Tom Peck resigns effective April 10","url":"https://stock-news.laohu8.com/highlight/detail?id=2624191687","media":"Reuters","labels":["executive"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2624191687?lang=en_us&edition=fundamental","pubTime":"2026-04-03 05:01","pubTimestamp":1775163706,"startTime":"0","endTime":"0","summary":"Sysco disclosed resignation of Tom Peck, executive vice president, chief information and digital officer.Peck’s resignation takes effect April 10, 2026.Departure follows acceptance of another opportunity in a different industry.Filing stated no disagreements with Sysco on operations, policies, or practices.Disclaimer: This news brief was created by Public Technologies  using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Sysco Corporation published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission , on April 02, 2026, and is solely responsible for the information contained therein.","market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20260402:nNDL7XBxGY:1","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"-1","news_top_title":null,"news_tag":"executive","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["BK4504","LU1894683264.USD","LU1989763427.SGD","IE00B3T34201.USD","LU1201861165.SGD","LU0130518102.USD","BK4102","LU0477156797.USD","BK4585","LU0130103400.USD","LU0648000940.SGD","LU1894683348.USD","LU2211817866.USD","LU1989763690.USD","SYY","BK4588"],"isVideo":false,"video":null,"gpt_icon":0},{"id":"2624914683","title":"Sysco Acquisition of Restaurant Depot is Right Long-Term Move, UBS Says","url":"https://stock-news.laohu8.com/highlight/detail?id=2624914683","media":"MT Newswires Live","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2624914683?lang=en_us&edition=fundamental","pubTime":"2026-04-03 00:05","pubTimestamp":1775145917,"startTime":"0","endTime":"0","summary":"Sysco's (SYY) shares fell on news of its proposed $29.1 billion acquisition of Jetro Restaurant Depot, but UBS Securities said in a Thursday note that it is the right long-term strategy as it brings a","market":"sh","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://www.mtnewswires.com/","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"mtnewswires_news","symbols":["LU1989763690.USD","LU1201861165.SGD","BK4585","LU1894683264.USD","LU0130103400.USD","LU1989763427.SGD","BK4102","IE00B3T34201.USD","LU0130518102.USD","LU1894683348.USD","SYY","BK4209","LU0648000940.SGD","LU0477156797.USD","QSR","BK4504","BK4588","LU2211817866.USD"],"isVideo":false,"video":null,"gpt_icon":0},{"id":"2624502448","title":"Sysco Is Maintained at Buy by Guggenheim","url":"https://stock-news.laohu8.com/highlight/detail?id=2624502448","media":"Dow Jones","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2624502448?lang=en_us&edition=fundamental","pubTime":"2026-04-02 22:04","pubTimestamp":1775138640,"startTime":"0","endTime":"0","summary":"Ratings actions from Benzinga: https://www.benzinga.com/quote/SYY/analyst-ratings \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  April 02, 2026 10:04 ET (14:04 GMT)","market":"sg","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":["rate"],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["SYY"],"isVideo":false,"video":null,"gpt_icon":0},{"id":"2624505486","title":"Sysco price target raised to $73 from $72 at Citi","url":"https://stock-news.laohu8.com/highlight/detail?id=2624505486","media":"TIPRANKS","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2624505486?lang=en_us&edition=fundamental","pubTime":"2026-04-02 19:31","pubTimestamp":1775129467,"startTime":"0","endTime":"0","summary":"Citi raised the firm’s price target on Sysco (SYY) to $73 from $72 and keeps a Neutral rating on the shares. The firm updated the company’s model t...","market":"nz","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":{"source":"tipranks_highlight","url":"https://www.tipranks.com/news/the-fly/sysco-price-target-raised-to-73-from-72-at-citi-thefly-news?utm_source=itigerup.com&utm_medium=referral","rn_cache_url":null,"directOrigin":true},"property":["rate"],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://www.tipranks.com/news/the-fly/sysco-price-target-raised-to-73-from-72-at-citi-thefly-news?utm_source=itigerup.com&utm_medium=referral","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"tipranks_highlight","symbols":["SYY"],"isVideo":false,"video":null,"gpt_icon":0},{"id":"2624577115","title":"Guggenheim Adjusts Price Target on Sysco to $90 From $95, Maintains Buy Rating","url":"https://stock-news.laohu8.com/highlight/detail?id=2624577115","media":"MT Newswires Live","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2624577115?lang=en_us&edition=fundamental","pubTime":"2026-04-02 17:51","pubTimestamp":1775123482,"startTime":"0","endTime":"0","summary":"Sysco (SYY) has an average rating of overweight and mean price target of $88.43, according to analysts polled by FactSet.(MT Newswires covers equity, commodity and economic research from major banks a","market":"sg","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":["rate"],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://www.mtnewswires.com/","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"mtnewswires_news","symbols":["SYY"],"isVideo":false,"video":null,"gpt_icon":0},{"id":"1147373878","title":"Sysco Faces Debt Concerns as Citi Trims Price Target to $72, Despite $29.1 Billion Acquisition","url":"https://stock-news.laohu8.com/highlight/detail?id=1147373878","media":"Stock News","labels":["shareholding"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/1147373878?lang=en_us&edition=fundamental","pubTime":"2026-04-02 15:10","pubTimestamp":1775113830,"startTime":"0","endTime":"0","summary":"Citi Group has lowered the price target for Sysco Corporation (SYY.US) from $88 to $72 while maintaining a \"neutral\" rating on the stock. The adjustment follows a decline in Sysco's share price after...","market":"us","thumbnail":"","type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"-1","news_top_title":null,"news_tag":"shareholding","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["LU0130517989.USD","LU2456880835.USD","LU1989763427.SGD","LU1244550494.USD","LU1894683264.USD","BK4102","LU1668664300.SGD","LU0162691827.USD","BK4534","LU0072461881.USD","LU0648000940.SGD","LU0648001328.SGD","LU0980610538.SGD","LU1267930227.SGD","IE00B3T34201.USD","LU1791807156.HKD","LU0477156797.USD","LU1244550221.USD","LU0170899867.USD","BK4588","LU2236285917.USD","LU1162221912.USD","LU1989763690.USD","LU1366192091.USD","LU0310800965.SGD","LU1894683348.USD","LU2211817866.USD","UUP","BK4566","LU0128525689.USD","LU0052756011.USD","LU0320765646.SGD","UDN","LU0130103400.USD","LU1201861249.SGD","LU1506573853.SGD","LU0130102774.USD","LU2125154778.USD","C","LU1244550577.SGD","LU2125154935.USD","LU2417539215.USD","BK4585","LU0477156953.USD","BK4504","LU2360032135.SGD","SYY","LU1201861165.SGD","LU0106831901.USD","BK4559","IE00BSNM7G36.USD","LU0130518102.USD","BK4207","LU2462157665.USD","LU0098860793.USD","LU0314106906.USD"],"isVideo":false,"video":null,"gpt_icon":0},{"id":"2624754578","title":"Sysco price target lowered to $90 from $95 at Guggenheim","url":"https://stock-news.laohu8.com/highlight/detail?id=2624754578","media":"TIPRANKS","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2624754578?lang=en_us&edition=fundamental","pubTime":"2026-04-02 02:40","pubTimestamp":1775068817,"startTime":"0","endTime":"0","summary":"Guggenheim lowered the firm’s price target on Sysco (SYY) to $90 from $95 and keeps a Buy rating on the shares. Published first on TheFly – the ult...","market":"fut","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":{"source":"tipranks_highlight","url":"https://www.tipranks.com/news/the-fly/sysco-price-target-lowered-to-90-from-95-at-guggenheim-thefly-news?utm_source=itigerup.com&utm_medium=referral","rn_cache_url":null,"directOrigin":true},"property":["rate"],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://www.tipranks.com/news/the-fly/sysco-price-target-lowered-to-90-from-95-at-guggenheim-thefly-news?utm_source=itigerup.com&utm_medium=referral","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"-1","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"tipranks_highlight","symbols":["SYY"],"isVideo":false,"video":null,"gpt_icon":0},{"id":"2624555416","title":"The Year Is Off to the Strongest Start for Big Deals Ever -- WSJ","url":"https://stock-news.laohu8.com/highlight/detail?id=2624555416","media":"Dow Jones","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2624555416?lang=en_us&edition=fundamental","pubTime":"2026-04-01 08:00","pubTimestamp":1775001600,"startTime":"0","endTime":"0","summary":"Large corporate deals had their best quarterly showing ever, as companies forged ahead with tie-ups and investments despite the Iran war rattling markets.So far in 2026, 22 transactions valued at $10 billion or more have been announced globally -- a record quarterly number, according to LSEG data. The next-closest quarter was the fourth quarter of 2015, when 21 such deals were announced.This week alone, Unilever unveiled a more than $65 billion deal, including debt, to combine its food business with spice maker McCormick, and Sysco agreed to buy family-owned Jetro Restaurant Depot for over $29 billion, including debt.\"Uncertainty due to oil, growth and rates isn't going away. But major deals are still getting done,\" said Ben Goodchild, a partner in the M&A group at law firm Paul Weiss. \"The M&A market is focused on the long-term fundamentals: right deal, right price and right strategic rationale.\". Bankers and lawyers say because smaller deals are less of a must-have, buyers are more 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Is Maintained at Neutral by Citigroup","url":"https://stock-news.laohu8.com/highlight/detail?id=2624323215","media":"Dow Jones","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2624323215?lang=en_us&edition=fundamental","pubTime":"2026-04-01 03:25","pubTimestamp":1774985100,"startTime":"0","endTime":"0","summary":"Ratings actions from Benzinga: https://www.benzinga.com/quote/SYY/analyst-ratings \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  March 31, 2026 15:25 ET (19:25 GMT)","market":"hk","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":["rate"],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["SYY"],"isVideo":false,"video":null,"gpt_icon":0},{"id":"2623585046","title":"Bernstein Reaffirms Their Hold Rating on Sysco (SYY)","url":"https://stock-news.laohu8.com/highlight/detail?id=2623585046","media":"TIPRANKS","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2623585046?lang=en_us&edition=fundamental","pubTime":"2026-03-31 19:36","pubTimestamp":1774957017,"startTime":"0","endTime":"0","summary":"In a report released today, Danilo Gargiulo from Bernstein maintained a Hold rating on Sysco, with a price target of $90.00. Gargiulo covers the Co...","market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":{"source":"tipranks_highlight","url":"https://www.tipranks.com/news/blurbs/bernstein-reaffirms-their-hold-rating-on-sysco-syy-blurbs-news?utm_source=itigerup.com&utm_medium=referral","rn_cache_url":null,"directOrigin":true},"property":["rate"],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://www.tipranks.com/news/blurbs/bernstein-reaffirms-their-hold-rating-on-sysco-syy-blurbs-news?utm_source=itigerup.com&utm_medium=referral","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"tipranks_highlight","symbols":["SYY"],"isVideo":false,"video":null,"gpt_icon":0},{"id":"2623333585","title":"Analysts Conflicted on These Consumer Goods Names: Keurig Dr Pepper (KDP) and Sysco (SYY)","url":"https://stock-news.laohu8.com/highlight/detail?id=2623333585","media":"TIPRANKS","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2623333585?lang=en_us&edition=fundamental","pubTime":"2026-03-31 19:10","pubTimestamp":1774955440,"startTime":"0","endTime":"0","summary":"Companies in the Consumer Goods sector have received a lot of coverage today as analysts weigh in on Keurig Dr Pepper (KDP) and Sysco (SYY). Keurig...","market":"fut","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":{"source":"tipranks_highlight","url":"https://www.tipranks.com/news/blurbs/analysts-conflicted-on-these-consumer-goods-names-keurig-dr-pepper-kdp-and-sysco-syy-blurbs-news?utm_source=itigerup.com&utm_medium=referral","rn_cache_url":null,"directOrigin":true},"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://www.tipranks.com/news/blurbs/analysts-conflicted-on-these-consumer-goods-names-keurig-dr-pepper-kdp-and-sysco-syy-blurbs-news?utm_source=itigerup.com&utm_medium=referral","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"tipranks_highlight","symbols":["LU0130103400.USD","IE00B3T34201.USD","LU0980610538.SGD","SYY","LU0648001328.SGD","BK4588","KDP","LU1989763427.SGD","LU1894683348.USD","BK4505","LU0477156797.USD","LU0130518102.USD","LU2211817866.USD","LU0130102774.USD","IE00BJTD4V19.USD","BK4566","BK4585","BK4535","LU1201861165.SGD","BK4177","LU1989763690.USD","BK4102","LU0130517989.USD","LU0477156953.USD","BK4504","LU1201861249.SGD","LU0648000940.SGD","LU1894683264.USD","IE00BJTD4N35.SGD"],"isVideo":false,"video":null,"gpt_icon":0},{"id":"2623143300","title":"Citigroup Adjusts Price Target on Sysco to $72 From $88, Maintains Neutral Rating","url":"https://stock-news.laohu8.com/highlight/detail?id=2623143300","media":"MT Newswires Live","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2623143300?lang=en_us&edition=fundamental","pubTime":"2026-03-31 18:08","pubTimestamp":1774951701,"startTime":"0","endTime":"0","summary":"Sysco (SYY) has an average rating of overweight and mean price target of $89.79, according to analysts polled by FactSet.(MT Newswires covers equity, commodity and economic research from major banks a","market":"fut","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":["rate"],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://www.mtnewswires.com/","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"mtnewswires_news","symbols":["SYY"],"isVideo":false,"video":null,"gpt_icon":0},{"id":"2623028663","title":"Barclays Sticks to Their Buy Rating for Sysco (SYY)","url":"https://stock-news.laohu8.com/highlight/detail?id=2623028663","media":"TIPRANKS","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2623028663?lang=en_us&edition=fundamental","pubTime":"2026-03-31 16:56","pubTimestamp":1774947364,"startTime":"0","endTime":"0","summary":"In a report released today, Jeff Bernstein from Barclays maintained a Buy rating on Sysco, with a price target of $92.00. According to TipRanks, Be...","market":"nz","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":{"source":"tipranks_highlight","url":"https://www.tipranks.com/news/blurbs/barclays-sticks-to-their-buy-rating-for-sysco-syy-blurbs-news?utm_source=itigerup.com&utm_medium=referral","rn_cache_url":null,"directOrigin":true},"property":["rate"],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://www.tipranks.com/news/blurbs/barclays-sticks-to-their-buy-rating-for-sysco-syy-blurbs-news?utm_source=itigerup.com&utm_medium=referral","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"tipranks_highlight","symbols":["SYY"],"isVideo":false,"video":null,"gpt_icon":0},{"id":"2623305724","title":"PRESS DIGEST -Wall Street Journal - March 31","url":"https://stock-news.laohu8.com/highlight/detail?id=2623305724","media":"Reuters","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2623305724?lang=en_us&edition=fundamental","pubTime":"2026-03-31 15:02","pubTimestamp":1774940557,"startTime":"0","endTime":"0","summary":"PRESS DIGEST -Wall Street Journal - March 31March 31 (Reuters) - The following are the top stories in the Wall Street Journal. Reuters has not verified these stories and does not vouch for their 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DAY-Growth fears snowball","url":"https://stock-news.laohu8.com/highlight/detail?id=2623321130","media":"Reuters","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2623321130?lang=en_us&edition=fundamental","pubTime":"2026-03-31 05:00","pubTimestamp":1774904400,"startTime":"0","endTime":"0","summary":"ORLANDO, Florida, March 30  - The S&P 500 and Nasdaq hit seven-month lows and bond yields fell on Monday as the Iran war entered its fifth week, with investors increasingly spooked by growth fears over inflation concerns even though oil prices rose further above $100 a barrel. In my column today I look at why the spike in market-based borrowing costs since the Iran war broke out could not have come at a worse time for \"Big Tech\", which is increasingly turning to debt to finance its unprecedented AI investment binge.If you have more time to read, here are a few articles I recommend to help you make sense of what happened in markets today.It seems to be officials' favorite phrase, with European Central Bank President Christine Lagarde virtually turning it into a policy communications signal last year. On Monday, Fed Chair Jerome Powell said U.S. policy is in a \"good place\", and officials can \"wait and see\" how the energy and supply shocks affect both sides of the bank's dual mandate. 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Stock Sheds 15.3%, Underperforms Peers","url":"https://stock-news.laohu8.com/highlight/detail?id=2623329293","media":"Dow Jones","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2623329293?lang=en_us&edition=fundamental","pubTime":"2026-03-31 04:33","pubTimestamp":1774902780,"startTime":"0","endTime":"0","summary":"This article was automatically generated by Dow Jones using technology from Automated Insights.Shares of Sysco Corp. tumbled 15.3% to $69.30 on what proved to be an all-around mixed trading session for the stock market, with the Dow Jones Industrial Average rising 0.1% to 45,216.14 and the S&P 500 Index falling 0.4% to 6,343.72.This was the stock's third consecutive day of losses.Sysco Corp. closed 24.5% short of its 52-week high of $91.85, which the company reached on February 17th.The stock underperformed when compared to some of its peers, as Amazon.com Inc. rose 0.8% to $200.95, Walmart Inc. rose 0.5% to $123.50, and Costco Wholesale Corp. rose 1.29% to $996.58.Trading volume totaled 24.6 million, compared to the 50-day average of 3.8 million.","market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":["rate"],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"-1","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["SYY"],"isVideo":false,"video":null,"gpt_icon":0},{"id":"2623325371","title":"Top Midday Decliners","url":"https://stock-news.laohu8.com/highlight/detail?id=2623325371","media":"MT Newswires Live","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2623325371?lang=en_us&edition=fundamental","pubTime":"2026-03-31 02:53","pubTimestamp":1774896824,"startTime":"0","endTime":"0","summary":"Viridian Therapeutics  on Monday reported \"positive\" topline data from the elegrobart REVEAL-1 phase 3 clinical trial in patients with active thyroid eye disease.Wedbush said the study met its primary endpoint but raised questions on competitive profile. Wedbush cut its price target to $37 from $44 while maintaining its outperform rating.Shares sank 32%, with an intraday trading volume of over 10.6 million against a daily average of about 1.43 million.Sysco  agreed to acquire Jetro Restaurant Depot in a cash-and-stock deal worth about $29.1 billion in enterprise value to enter the Cash & Carry channel.Shares dropped about 14%, with an intraday trading volume of over 16.3 million, versus a daily average of roughly 3.8 million.Price: 18.49, Change: -8.90, Percent Change: -32.49","market":"fut","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://www.mtnewswires.com/","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"mtnewswires_news","symbols":["LU0130103400.USD","BK4585","LU1989763690.USD","IE00B3T34201.USD","LU1201861165.SGD","BK4504","SYY","LU0477156797.USD","VRDN","LU0130518102.USD","LU0648000940.SGD","LU1894683264.USD","BK4588","LU2211817866.USD","LU1989763427.SGD","BK4102","LU1894683348.USD","BK4139"],"isVideo":false,"video":null,"gpt_icon":0},{"id":"2623543340","title":"The Reclusive 94-Year-Old Who Just Sold His Food Empire for $29 Billion -- WSJ","url":"https://stock-news.laohu8.com/highlight/detail?id=2623543340","media":"Dow Jones","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2623543340?lang=en_us&edition=fundamental","pubTime":"2026-03-31 00:59","pubTimestamp":1774889940,"startTime":"0","endTime":"0","summary":"Behind the multibillion deal for Jetro Restaurant Depot is its 94-year-old founder who amassed billions by turning a Brooklyn warehouse into a U.S. food empire.Nathan \"Natie\" Kirsh founded Restaurant Depot in 1976 as Jetro Cash & Carry, and built the company into a leading cash-and-carry brand that dominates the restaurant-supply market. Restaurant Depot operates 166 stores across 35 states and generated about $16 billion in revenue last year.\"We literally have no competition,\" Kirsh told a class at the London Business School in 2011. Kirsh still holds a majority stake in the warehouse retailer.The sale to food-distributor Sysco, for roughly $29.1 billion including debt, caps an unlikely career for the low-profile Kirsh and his food business.Born in 1932 in South Africa to Lithuanian Jewish immigrants who ran a malt business, Kirsh ventured into grain milling and then distribution, according to news reports.By the mid-1970s, Kirsh was looking abroad. \"I had really negative views on the","market":"hk","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["LU0648000940.SGD","LU1894683348.USD","BK4588","IE00B3T34201.USD","LU0130518102.USD","BK4585","LU1201861165.SGD","LU1989763690.USD","BK4102","LU0130103400.USD","LU1894683264.USD","SYY","LU2211817866.USD","BK4504","LU1989763427.SGD","LU0477156797.USD"],"isVideo":false,"video":null,"gpt_icon":0},{"id":"2623347611","title":"Midday Fly By: Sysco buying Restaurant Depot, Uber to acquire Blacklane","url":"https://stock-news.laohu8.com/highlight/detail?id=2623347611","media":"TIPRANKS","labels":["corporation","merge"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2623347611?lang=en_us&edition=fundamental","pubTime":"2026-03-31 00:07","pubTimestamp":1774886862,"startTime":"0","endTime":"0","summary":"The major averages were broadly higher near noon to start the week following last week’s declines. Amid continued conflict in the Middle East and r...","market":"fut","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":{"source":"tipranks_highlight","url":"https://www.tipranks.com/news/the-fly/midday-fly-by-sysco-buying-restaurant-depot-uber-to-acquire-blacklane-thefly-news?utm_source=itigerup.com&utm_medium=referral","rn_cache_url":null,"directOrigin":true},"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://www.tipranks.com/news/the-fly/midday-fly-by-sysco-buying-restaurant-depot-uber-to-acquire-blacklane-thefly-news?utm_source=itigerup.com&utm_medium=referral","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":null,"news_tag":"corporation,merge","news_rank":0,"length":0,"strategy_id":0,"source":"tipranks_highlight","symbols":["BK4504","LU0130103400.USD","SYY","BK4022","IE00BFMHRM44.USD","SG9999014880.SGD","UBRL","LU1894683264.USD","SG9999015952.SGD","SG9999015986.USD","BK4551","LU0353189680.USD","UBEW","LU0353189763.USD","BK4505","QSR","LU0106261372.USD","SG9999015978.USD","BK4230","SG9999015945.SGD","IE00B19Z3581.USD","LU1861214812.USD","LU0642271901.SGD","LU1983260115.SGD","LU2237957902.USD","LU0130518102.USD","LU1814569148.SGD","LU2237957811.SGD","LU2360107325.USD","LU0648000940.SGD","UBER","LU0477156797.USD","LU1201861165.SGD","BK4209","LU0107464264.USD","LU2097829019.USD","LU2211817866.USD","SGXZ31699556.SGD","BK4585","BK4588","LU1064131342.USD","LU1861219969.SGD","SGXZ51526630.SGD","LU0719512351.SGD","IE0002270589.USD","LU0006306889.USD","LU1989763690.USD","SGXZ99366536.SGD","LU2087625088.SGD","BK4536"],"isVideo":false,"video":null,"gpt_icon":0},{"id":"2623342665","title":"BUZZ-U.S. STOCKS ON THE MOVE-Agnico Eagle Mines, ProPetro, Kezar","url":"https://stock-news.laohu8.com/highlight/detail?id=2623342665","media":"Reuters","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2623342665?lang=en_us&edition=fundamental","pubTime":"2026-03-30 23:53","pubTimestamp":1774886000,"startTime":"0","endTime":"0","summary":"BUZZ-U.S. STOCKS ON THE MOVE-Agnico Eagle Mines, ProPetro, KezarWorkspace search string for individual stock moves: STXBZThe Day Ahead newsletter: https://refini.tv/3LI4BU7The Morning News Call newsle","market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20260330:nL6N40I13J:1","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["XOMO","ALV","CL","ZYME","FLEX","GM","EXPE","VRDN","BFLY","RARE","SSII","CDE","PWR","BX","GEVO","NVAX","ADMA","APO","DVN","CNTB","KZR","BSX","CENX","INSM","CRWD","KALU","PUMP","MMYT","GPI","SYY","BIIB","AA","IDYA","NEM","NEMG","SOC","ADNT","XOMX","ALK","KKR","SR","CG","CART","UTHR","HL"],"isVideo":false,"video":null,"gpt_icon":1}],"pageSize":20,"totalPage":10,"pageCount":10,"totalSize":200,"code":"91000000","status":"200"}]}}