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Stocks Berkshire Hathaway Inc


  • Kraft Heinz to cut 2,500 jobs in US, Canada Wednesday, 12 Aug 2015 | 8:55 AM ET
    Kraft Macaroni & Cheese and Heinz Tomato Ketchup

    Kraft Heinz said it will cut 2,500 jobs in the U.S. and Canada following the creation of the company through the merger of Heinz and Kraft.

  • Kraft Heinz to cut 2,500 jobs in U.S., Canada Wednesday, 12 Aug 2015 | 8:39 AM ET

    Aug 12- Kraft Heinz Co said it will cut 2,500 jobs in the United States and Canada as part of its cost cutting initiatives following the creation of the company through the $46- billion merger of ketchup maker H.J. Heinz with Kraft Foods. Of the total job cuts, 700 will be in Kraft Heinz's Northfield, Illnois headquarters, spokesman Michael Mullen in an emailed...

  • Early movers: BABA, FIS, DHI, GE, CREE & more Wednesday, 12 Aug 2015 | 8:10 AM ET
    Traders work on the floor of the New York Stock Exchange.

    Some of the names on the move ahead of the open.

  • Lunch is better when you fly there Wednesday, 12 Aug 2015 | 7:00 AM ET
    Tasting Table Editor in Chief Kat Kinsman steps out of a private jet in Nantucket, Massachusetts.

    How do you impress a professional foodie? Take them for a seafood lunch via private jet.

  • S&P may cut Buffett's Berkshire on Precision deal Wednesday, 12 Aug 2015 | 5:51 AM ET
    Warren Buffett

    Standard & Poor's said it may downgrade Berkshire because it plans to spend a lot of cash to finance its $32 billion Precision Castparts purchase.

  • Cramer: Alphabet will skyrocket, thanks to Amazon Tuesday, 11 Aug 2015 | 6:34 PM ET
    Google Alphabet

    Jim Cramer provides his take on Google's new Alphabet. It's not just a bunch of letters.

  • Aug 11- Standard& Poor's on Tuesday said it may downgrade Warren Buffett's Berkshire Hathaway Inc because the company plans to spend a large amount of its cash to finance its roughly $32.3 billion purchase of aerospace parts maker Precision Castparts Corp.. S&P analyst Laline Carvalho wrote that the agency may lower the rating by one or two notches within 90...

  • Aug 11- Standard& Poor's on Tuesday said it may downgrade Warren Buffett's Berkshire Hathaway Inc because the company is spending a large amount of cash to finance its roughly $32.3 billion purchase of aerospace parts maker Precision Castparts Corp.. Berkshire had $66.6 billion of cash as of June 30. Buffett told CNBC television on Monday that he plans to use...

  • Insider ring accused of making $100M on news hack Tuesday, 11 Aug 2015 | 4:07 PM ET
    U.S. Securities and Exchange Commission Chairman Mary Jo White.

    Five people were arrested and are in custody, charged in an insider trading scheme that generated more than $30 million in profits, the FBI said.

  • *Ukraine computer hackers stole corporate information. NEW YORK, Aug 11- An alliance of mainly U.S.-based stock traders and computer hackers in Ukraine made as much as $100 million in illegal profits over five years after stealing confidential corporate press releases, U.S. authorities said on Tuesday. Prosecutors said that hackers based in Ukraine...

  • NEW YORK, Aug 11- Growing pension obligations at Precision Castparts Corp, which Berkshire Hathaway has agreed to buy for $32 billion, highlight an issue that large U.S. corporations still face, almost a decade into a low-interest rate environment. Precision Castparts' pension promises to pay $2.84 billion to its more than 10,300 participants, but was...

  • Prosecutors in Brooklyn, New York made public an insider trading indictment charging four traders: Vitaly Korchevsky, a former hedge fund manager from Glen Mills, Pennsylvania; Vladislav Khalupsky, of Brooklyn and Odessa, Ukraine and Leonid Momotok, of and Alexander Garkusha of Georgia. An separate indictment made public in New Jersey charges Ivan Turchynov...

  • S&P 500 soon to have 505 listed shares Tuesday, 11 Aug 2015 | 8:59 AM ET
    21st Century Fox

    The Standard & Poor's 500 will soon contain 505 listed stocks, up from the current 502 listed stocks.

  • Asian shares turn lower after China's yuan devaluation Tuesday, 11 Aug 2015 | 4:10 AM ET

    Asina equities mostly erased early gains to end in negative territory on Tuesday, after the People's Bank of China allowed its currency to depreciate.

  • MELBOURNE, Aug 11- London copper slipped on Tuesday, a day after logging its biggest one-day gain in a month after moribund Chinese trade data raised hopes it would roll out more stimulus, setting off a volley of short-covering. *Shanghai Futures Exchange copper had climbed 3.1 percent to 39,020 yuan a tonne in the late Monday session. *China's big property...

  • SYDNEY, Aug 11- Asian stocks swung higher on Tuesday as a periodic revival in investor risk appetite led to a bounce in beaten-down commodities and a small step back for the U.S. dollar. The sudden mood swing in global markets saw MSCI's broadest index of Asia-Pacific shares outside Japan rise 0.4 percent. Japan's Nikkei added 0.6 percent and Australia's main...

  • SAN FRANCISCO Aug 10- Google Inc announced a major shake-up of its operating structure on Monday, creating a holding company called Alphabet which will contain subsidiaries to separate its core web advertising business from newer ventures like driverless cars. Maybe it's better to sort them out a bit and make it clearer which ones are bringing in the bacon and...

  • S&P 500 soon to have 505 listed shares Monday, 10 Aug 2015 | 6:51 PM ET

    S&P Dow Jones Indices, which oversees the benchmark index of large U.S. stocks, on Monday announced a methodology change that will cause three more companies to have multiple listings: Comcast Corp, News Corp and Twenty-First Century Fox Inc.. Google Inc. and Discovery Communications Inc. already are represented by two share class lines each in the S&P 500...

  • *Precision Castparts jumps after Berkshire Hathaway deal. Disappointing economic data in China boosted hopes for additional stimulus from Beijing, lifting Chinese stocks. Buffett's Berkshire Hathaway said it would buy Precision Castparts in a deal valuing the company at $32.3 billion.

  • Aug 10- Kraft Heinz Co, the packaged food company formed by the merger of ketchup maker H.J. Heinz Co and Kraft Foods Group Inc, said sales fell 4.9 percent at Kraft and 4.1 percent at ketchup maker Heinz in the last quarter before the merger was completed. Kraft Heinz shares declined 2.3 percent to $77.00 in after-hours trading. Kraft Heinz, whose brands include...