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Stock Market & Financial Investment News

News Breaks
February 14, 2013
13:58 EDTPOST, BRK.A, CPB, HNZ, GISFood staples makers higher after Heinz purchased by Berkshire
Consumer food staples stocks are moving higher today after H.J. Heinz (HNZ) announced it would be acquired by a consortium of Warren Buffet's Berkshire Hathaway (BRK.A) and 3G Capital for $72.50 per share, or $28B, including the assumption of Heinzís outstanding debt. The purchase price for Heinz represents a 20% premium against yesterday's closing price. During a press conference this morning following the announcement, Heinz said that it did not solicit the offer. Speaking on CNBC after the deal had been announced, Buffet said that it is possible Heinz may be involved in future acquisitions. Following the Heinz deal, General Mills (GIS) is up about $1.30, or 3%, Campbell Soup (CPB) is up about 80c, or 2.1%, and Post Holdings (POST) is up about 75c, or 2% in afternoon trading.
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September 2, 2015
16:27 EDTAAgilent will will no longer include orders in financial reporting
Agilent Technologies announced it will no longer report orders in its periodic filings with the SEC or its quarterly earnings press releases, effective immediately. This change reflects feedback from several of the company's largest shareholders, and was also driven by the fact that Agilent was the only company among its peers to report orders. The other financial metrics included in the company's reporting provide comprehensive detail about Agilent's performance.
August 26, 2015
11:01 EDTAAgilent partners with Weill Cornell Medical College for ALS research
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