Massive food industry merger came in the foodservice category: Sysco Corp. (NYSE:SYY)’s proposed acquisition of US Foods. This merger could mean a big change in foodservice, and represents the large impact that mergers and acquisitions can have on the industry. SYSCO Corporation (NYSE:SYY) stock opened at $36.31 in last session, and closed at $36.21, while the day range of SYY stock is $36.09 – $36.36. The stock showed a positive weekly performance of 0.53%.
Shares of The Hain Celestial Group Inc (NASDAQ:HAIN) have received an average recommendation of “Buy” from the fifteen ratings firms that are covering the stock. The Hain Celestial Group, Inc. (NASDAQ:HAIN) stock opened at $94.32, in last session and closed at $94.17, by gaining 0.35%. The 52 week range of HAIN is $56.14 – $98.83. Company’s market capitalization is $4.70billion.
Unlike its grocery customers who are battling for market share, United Natural Foods Inc (NASDAQ:UNFI) has a relatively open playing field as the largest national distributor of natural and organic foods and related products. United Natural Foods, Inc. (NASDAQ:UNFI) stock advanced 0.07% and finished the last session at $74.99. The EPS of the stock remained 230. Company’s market capitalization is $3.72billion.
EVA Dimensions lowered shares of Spartan Stores Inc (NASDAQ:SPTN) from an overweight rating to a hold rating in a research report released on Thursday morning. Spartan Stores, Inc. (NASDAQ:SPTN) stock opened the session at $23.01, and closed the session at $22.70. The 52 week range of the SPTN stock remained $16.10 – $25.74 and the day range was $22.53 – $23.02.