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Tag: Category: Trade Ideas

Performance Food Group sees tailwind from disinflation in 2025 – SpartanNash (NASDAQ:SPTN), Performance Food Gr (NYSE:PFGC)

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Performance Food Group sees tailwind from disinflation in 2025 – SpartanNash (NASDAQ:SPTN), Performance Food Gr (NYSE:PFGC)

Performance Food Group Co. PFGC is one of the largest food distributors in the United States. The company sources, markets and delivers food and food-related products to over 125,000 food service businesses through a network of over 150 distribution facilities. The company is acquiring food distributor Cheney Brothers for $2.1 billion, which will expand its […]

These analysts are raising their forecasts for Walmart after positive earnings – Walmart (NYSE:WMT)

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These analysts are raising their forecasts for Walmart after positive earnings – Walmart (NYSE:WMT)

Walmart Inc WMT announced strong second-quarter results on Thursday and raised its full-year forecast. The retailer reported adjusted earnings per share of 67 cents (+9.8% y/y), beating the consensus forecast of 64 cents. Revenue was $169.34 billion, up 4.8% year over year or 5.0% in constant currency, beating the consensus forecast of $168.57 billion. Walmart […]

Hindustan Zinc falls amid Vedanta’s plans to sell a major stake at a discount and reports of a special dividend of ₹8,000 crore

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Hindustan Zinc falls amid Vedanta’s plans to sell a major stake at a discount and reports of a special dividend of ₹8,000 crore

Shares of Hindustan Zinc fell on Friday on reports that the company’s parent company, Vedanta GmbHis looking to offload a major portion of its stake in the company through an offer for sale (OFS) at a discount. Hindustan Zinc is also reportedly planning to announce a large special dividend to its shareholders. What happened: Anil […]