Sysco shares slide 6% premarket after earnings miss


Of IBM, Chevron as well as aircraft maker Boeing oil services as well as big name pharmaceuticals for some of the better performing groups today, semiconductors and computer, hardware, we're among the day's laggards. Shares of Houston-based sysco foods in the spotlight today. The stock down about nine percent was after third quarter profits were a bit below analysts estimate. The company citing higher costs such as wages as well. As transportation costs oil was up fifty six cents closing at sixty three dollars seventy cents a barrel.

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