Teamsters, Anheuser-Busch reach new 5-year contract [Yahoo! Finance]
US Foods Holding Corp. (USFD)
Last us foods holding corp. earnings: 2/11 06:45 am
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Source: Yahoo! Finance
wage increases of $8 an hour over the five years of the deal. A $4-per-hour raise kicks in immediately. Anheuser-Busch (NYSE: BUD) announced the deal late Wednesday. It awaits ratification in the coming days by approximately 5,000 workers across the company's U.S. operations. The new contract also calls for a $2,500 ratification bonus. As to whether ratification is likely, any worker dissatisfaction with Teamsters contracts generally shows up through the dissident Teamsters for a Democratic Union (TDU), which is often critical of deals struck by the union's negotiators. However, TDU notably was supportive of the union's deal with UPS and more recently backed a new contract at U.S. Foods. TDU comments on its website regarding the deal at Anheuser-Busch were noncommittal. It noted the length of the deal, the wage increases and other changes in benefits, and said only that Teamsters members at the brewery would “be able to review all contract changes before the ratification vote,
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USFD
News
- Here's Why US Foods Holding (NYSE:USFD) Has Caught The Eye Of Investors [Yahoo! Finance]Yahoo! Finance
- US Foods to Host 2024 Investor Day [Yahoo! Finance]Yahoo! Finance
- US Foods to Host 2024 Investor DayBusiness Wire
- US Foods Holding Corp. (NYSE: USFD) had its price target raised by analysts at Morgan Stanley from $60.00 to $62.00. They now have an "overweight" rating on the stock.MarketBeat
- US Foods to Host First Quarter 2024 Financial Results Conference Call and WebcastBusiness Wire
USFD
Earnings
- 2/15/24 - In-Line
USFD
Sec Filings
- 4/9/24 - Form 4
- 4/2/24 - Form ARS
- 4/2/24 - Form DEFA14A
- USFD's page on the SEC website