Even as market participants are beginning to become slightly edgy over latest Bull Run on Wall Street, fearing whether the multi-year-high valuations are due to exuberance amid improving macroeconomic environment or backed by strong fundamentals, renowned value- investor, Warren Buffet believes that stocks still have â€śgood valueâ€ť.
H.J. Heinz (NYSE: HNZ) announced on Thursday that it has agreed to be acquired by Warren Buffettâ€™s Berkshire Hathaway Inc. (NYSE: BRK.A) and private equity firm 3G Capital in deal estimated at more than $28 billion, which will also include debt, sending shares of ketchup making giant up by nearly 20% in premarket trading.
Shares of H.J. Heinz Company (NYSE: HNZ), a manufacturer and marketer of a range of food products throughout the world, are seeing a huge rally in trading today after the company agreed to be acquired by Warren Buffettâ€™s Berkshire Hathaway and 3G Capital.
SunPower Corp. (NASDAQ: SPWR) announced on Wednesday that it has sold two solar projects running in California to a firm controlled by Warren Buffetâ€™s Berkshire Hathaway Inc. (NYSE: BRK.A). In lieu, SunPower would receive about $2.5 billion along with related contracts.
Shares of SunPower climbed more than 30% in early trading on Thursday. On Wednesday, [...]
Farm and construction equipment maker Deere & Company (NYSE: DE) reported an increase in fourth-quarter profit. However, the companyâ€™s results missed Street estimates, sending shares down sharply in early trading today.
Warren Buffettâ€™s investment company Berkshire Hathaway Inc. (NYSE: BRK.A) added new positions in National Oilwell Varco (NYSE: NOV) and Phillips 66 (NYSE: PSX), suggesting that the billionaire investor is bullish on oil companies.