Daily Stocks News » HNZ

Heinz to be Acquired by Berkshire Hathaway and 3G Capital (HNZ, BRK.A)

Warren Paige — Thu, 14 Feb 2013 15:19:53 +0000

H.J. Heinz (NYSE: HNZ) announced on Thursday that it has agreed to be acquired by Warren Buffett’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.

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Major Gainers on February 14; HNZ, Z, VCLK

Warren Paige — Thu, 14 Feb 2013 15:18:20 +0000

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 Buffett’s Berkshire Hathaway and 3G Capital.

As per the terms of the agreement, Berkshire Hathaway and 3G [...]

Major Gainers and Losers on August 29; YELP, ZNGA, JOSB, TFM, FB, JOY, HNZ

Warren Paige — Wed, 29 Aug 2012 21:16:51 +0000

Shares of Yelp Inc. (NYSE: YELP), a San Francisco, California-based company connecting people with local businesses, surged in trading today.

YELP shares surged in trading today even as the lockup period following the company’s IPO expired. The surge suggests that investors are confident about YELP’s growth potential.

YELP shares rose to an intra-day high [...]

Heinz Scales Back Long Term Growth Outlook (HNZ)

Warren Paige — Fri, 25 May 2012 13:47:53 +0000

H.J. Heinz Co. (NYSE: HNZ) cut its long term growth outlook a bit, citing investments in business amid a feeble and volatile global economic environment.

On Thursday, Heinz reported a 22% drop in fiscal fourth-quarter profit due to costs related to productivity initiatives, however, the company also said that it expects adjusted per-share earnings [...]