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Stock Market & Financial Investment News

News Breaks
February 14, 2013
10:55 EDTBRK.A, BRK.A, HNZ, HNZHeinz and 3G Capital to hold a joint press conference
Heinz Chairman, President & CEO Johnson and 3G Capital's Managing Partner, Alex Behring, announce the agreement where Heinz is to be acquired by Berkshire Hathaway and 3G Capital at a joint press conference to be held at Heinz offices in Pittsburgh, PA on February 14 at 11 am. Webcast Link
News For A;HNZ From The Last 14 Days
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June 13, 2013
06:10 EDTHNZ3G likely to cut jets at Heinz amid cost cuts, NY Post reports
Private-equity firm and Heinz investor 3G Capital will likely cut the company's fleet of corporate jets in an effort to cut costs, New York Post reports, citing sources. Reference Link
June 7, 2013
11:34 EDTHNZBerkshire Hathaway, 3G Capital complete acquisition of Heinz
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June 4, 2013
12:32 EDTHNZOn The Fly: Midday Wrap
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09:23 EDTHNZOn The Fly: Pre-market Movers
HIGHER: ExactTarget (ET), up 52.7% after agreeing to be acquired by Salesforce.com (CRM) for $33.75 per share in cash. ExactTarget peer Responsys (MKTG) up 9.2% in reaction to deal, while Salesforce shares down 4.1%... Morgans Hotel (MHGC), up 18.1% after announcing intention to explore strategic alternatives... General Motors (GM), up 2.5% after selection to replace Heinz (HNZ) in S&P 500 as of the market close on June 6. UP AFTER EARNINGS: G-III Apparel (GIII), up 7%. DOWN AFTER EARNINGS: Dollar General (DG), down 7.2%... SAIC (SAI), down 3.4%. ALSO LOWER: Rigel (RIGL), down 21.6% after announcing trial results, downgrades at Piper Jaffray and Oppenheimer... Barrick Gold (ABX), down 1.7% after saying production at Pascua-Lama to be delayed past previous target.

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