Performance Foods Higher; Levi and Tariffs; Drone Stocks Higher
On this episode of Stock Movers:- Performance Food Group Co. (PFGC) is higher while US Foods Holding Corp. (USFD) is lower this morning on Bloomberg's report that Performance Food Group Co. has attracted takeover interest from US Foods Holding Corp., a potential deal that would create a food distribution company with combined sales of roughly $100 billion. Sources say Rosemont, Illinois-based US Foods has been evaluating an acquisition of Performance Food and expressed interest about a potential combination in recent months.- Levi Strauss & Co. (LEVI) is rising this morning after it raised…
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