Impact of News on Stocks: Sysco Corporation (NYSE:SYY), MGM Resorts International (NYSE:MGM), CSX Corp. (NYSE:CSX),

Sysco Corporation (NYSE:SYY) released that it has signed an contract to purchase 50% of Pacific Star Foodservice, a leading foodservice distributor in Mexico whose mass equity shareholder is privately-owned Arancia, S.A. de C.V. Financial terms were not revealed. The transaction needs a regulatory review by Mexico government authorities, following which it will close. Shares of Sysco Corporation (NYSE:SYY) Trend Analysis opened at $37.81 with 587.88 million outstanding shares and hit to its highest price of $38.22 during the day and finally closed at $38.14 by scoring 0.39%. In the whole session, it traded on volume of 2.45 Million shares, which turned higher than its average volume.MGM Resorts International (NYSE:MGM) declared that it has received a unanimous vote from the Massachusetts Gaming Commission officially granting MGM Springfield a license to operate a resort casino in Downtown Springfield. The license is effective tomorrow, Nov. 7. MGM will pay its $85 million licensing fee to the Massachusetts Gaming Commission on Monday, Nov. 17. On the other consideration, MGM Resorts International (NYSE:MGM) Trend Analysis begun last trade with a price of $21.85 and throughout the trading session climbed at $22.08. The day-trade ended with an increase of 0.32% to closed at $21.94. The stock is going forward its fifty-two week low with 19.24% and lagging behind from its 52 week high price with -23.69%. MGM last month stock price volatility remained 3.32%.CSX Corp. (NYSE:CSX) released that that it has resolute the final stages of its racketeering and fraud court case against asbestos attorneys Robert N. Peirce Jr. and Louis A. Raimond, and radiologist Dr. Ray Harron. As division of the settlement, the West Virginia jury's decision stands and CSX will be paid $7.3M to satisfy the trial court judgment signed against the lawyers and doctor on September 25, 2013, and in resolution of disputed motions for attorney fees and costs. CSX Corp. (NYSE:CSX) Trend Analysis stock hit highest price at $35.58, beginning with a price of $35.22 to the closed at 35.45 by an increase of 0.91% with a day range of $35.22-$35.58. The total market capitalization remained 35.287 Billion, total volume of 11.89 Million shares held in the session was surprisingly higher than its average volume of 7530.51 shares.