A Meaty Deal: JBS To Acquire Sara Lee?
Yet another food deal is in the making! JBS SA, a Brazilian (NYSE:EWZ) meat-processing company, is currently in takeover talks with Sara Lee (NYSE:SLE), the familiar processed-foods producer. While...
View Article4 Financial Stock Stories to Kick Off the Trading Week
Goldman Sachs Group (NYSE:GS): Current price $162.34 Goldman Sachs will participate in Alibaba Group’s $8 billion loan with $500 million in financing, as the Chinese e-commerce major gets ready for a...
View ArticleWhat Does the S&P Mean for GM and AIG?
After being booted off the S&P 500 index and taking billions of dollars from the federal government, General Motors (NYSE:GM) and American International Group (NYSE:AIG) will rejoin their former...
View Article4 Merger and Acquisitions Stock Stories Creating a Buzz Thursday
H.J. Heinz Company (NYSE:HNZ): Current price $72.45 A proposed takeover of the organic baby vendor Rafferty’s Garden by H.J. Heinz has been disallowed by Australia’s competition regulator, over fears...
View ArticleHeinz Shakes Up Its Board After Buffett Acquisition
The board of H.J. Heinz Co. (NYSE:HNZ) is undergoing a big shake-up, with 11 of the company’s executives leaving. The move comes a month after Heinz was purchased by Warren Buffett’s Berkshire...
View ArticleHeinz Bleeds Red: 600 Job Cuts Follow Acquisition
HJ Heinz Co is bleeding red again as it announces its plans to cut 600 office jobs in the U.S. and Canada. The Pittsburgh-based ketchup maker first announced its acquisition by Berkshire Hathaway Inc...
View ArticleAnalyst: Put Your Fries in Burger King’s Basket, Not McDonald’s
Differing menu strategies will soon set McDonald’s (NYSE:MCD) and Burger King (NYSE:BKW) further apart — but now one analyst is betting on the future of the latter rather than the former. As the two...
View ArticleThe Cuts Keep Coming at Heinz
The staff cuts keep coming at H.J. Heinz Co., which was recently acquired by Warren Buffett’s Berkshire Hathaway Inc. (NYSE:BRKB) and private equity firm 3G Capital. On top of the 600 corporate...
View ArticleWill Warren Buffett Find Campbell Mmm Mmm Good for Investing?
Source: http://www.flickr.com/photos/dennis_goedegebuure/ Campbell Soup Co. (NYSE:CPB) is whetting acquirers’ appetites. Speculation has increased in December that the iconic company is in a position...
View ArticleBuffett, Berkshire, and ‘Big Chunks of Earning Power’
source: http://www.flickr.com/photos/imosaad/ Berkshire Hathaway Inc. (NYSE:BRKA)(NYSE:BRKB), the conglomerate holding company run by Warren Buffett, spent $18 billion on two large acquisitions in...
View Article