Sodexo Drops After Guidance Cut on US University Business [Yahoo! Finance Canada]
SODEXO S/ADR (SDXAY)
NASDAQ:AMEX Investor Relations:
sodexo.com/home/finance.html
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Source: Yahoo! Finance Canada
Most Read from Bloomberg The stock dropped as much as 16% in Paris, the biggest intraday decline since March 2018. Rival catering companies also fell, with London-listed Compass Group Plc sliding as much as 4.1%. Sodexo's US university business has been hurt by a smaller number of first-year students in the Northeast region, Chief Executive Officer Sophie Bellon said on a conference call with journalists. It recently hired a new manager for the business, she said. Bellon also cited delays in certain contract start dates at its healthcare business, also in North America. Sodexo, based outside Paris, provides catering, facilities management and other services at schools, hospitals and government agencies globally. The company was founded in 1966 by B
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News
- Sodexo named one of the World's Most Ethical Companies® by Ethisphere for the second year in a rowPR Web
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- Sodexo S.A. (OTCMKTS: SDXAY) was downgraded by analysts at Barclays PLC from a "strong-buy" rating to a "hold" rating.MarketBeat
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- Sodexo S.A. (OTCMKTS: SDXAY) was downgraded by analysts at Deutsche Bank Aktiengesellschaft to a "hold" rating.MarketBeat