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Stock Market & Financial Investment News

News Breaks
February 14, 2013
07:50 EDTBRK.A, HNZ, BRK.BHeinz to be acquired by Berkshire and 3G for $28B, CNBC reports
Berkshire Hathaway (BRK.A, BRK.B) and private equity firm 3G Capital Partners are set to acquire Heinz (HNZ) for $28B or $72.50 per share, CNBC's Andrew Ross Sorkin reports. The deal price represents a 20% premium for Heinz when compared to yesterday's closing price. Heinz shares are up 20%, or $12.07, to $72.55 in pre-market trading following CNBC's report.
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February 20, 2015
06:32 EDTBBarnes Group reports Q4 Industrial sales up 8% to $198.2M
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06:32 EDTBBarnes Group sees FY!5 adjusted EPS $2.42-$2.57, consensus $2.49
Sees FY15 revenue growth of 3%-6%, consensus $1.34B. Sees FY15 organic revenue growth of 6%-9%. Sees FY15 operating margins to be in the range of 16%-17%. Sees FY15 CapEx $55M-$60M. Sees FY15 cash conversion to approximate 100% of net income.
06:30 EDTBBarnes Group reports Q4 adjusted EPS 62c, consensus 61c
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