Sodexo Drops After Guidance Cut on US University Business [Yahoo! Finance]

SODEXO S/ADR (SDXAY)
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sodexo.com/home/finance.html
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Source: Yahoo! Finance
Most Read from Bloomberg Despite Cost-Cutting Moves, Trump Plans to Remake DC in His Style Amtrak CEO Departs Amid Threats of a Transit Funding Pullback New York Subway Ditches MetroCard After 32 Years for Tap-And-Go NYC Plans for Flood Protection Without Federal Funds The Scary Thing About the Wildfire That Was Stopped 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
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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
- Sodexo S.A. (OTCMKTS: SDXAY) was downgraded by analysts at Hsbc Global Res from a "strong-buy" rating to a "hold" rating.MarketBeat
- Sodexo S.A. (OTCMKTS: SDXAY) was downgraded by analysts at Barclays PLC from a "strong-buy" rating to a "hold" rating.MarketBeat
- Sodexo S.A. (OTCMKTS: SDXAY) was downgraded by analysts at The Goldman Sachs Group, Inc. from a "strong-buy" rating to a "hold" rating.MarketBeat
- Sodexo S.A. (OTCMKTS: SDXAY) was downgraded by analysts at Deutsche Bank Aktiengesellschaft to a "hold" rating.MarketBeat