Global dealmaking is its fastest since 2007, with the value of deals struck in the first three months of 2015 up 21 per cent year on year to $811B, the Financial Times reports.» Read More
Billionaire investor Carl Icahn has taken a stake in Kraft Foods, according to The Wall Street Journal.
Activist investor Nelson Peltz has developed a taste for Kraft Foods, buying a 3% stake in the company, according to CNBC's David Faber, who quoted people familiar with Peltz's strategy. Kraft, which makes Oreo cookies and Oscar Mayer meats, saw its shares surge nearly 5% on the report.
The recent wave of M&A and private equity has missed the larger packaged food manufacturers, but the sector remains on the radar screen of private equity players, who could be poised to begin a new round of deal-making.
H.J. Heinz Chairman and Chief Executive William Johnson told CNBC that the company has not held talks to sell itself, but he thinks recent market speculation about a potential deal is a reflection of the progress the company has made over the past year.
Cramer's quick takes on NYSE, ConAgra and Terra Nitrogen...Investing can be confusing. Luckily, Cramer has mapped out some road rules for all you Home Gamers trying to navigate the jungle that is Wall Street. Think of it as "Mad Money 101" –- some fundamental advice to keep in mind as you play the market. Whether you're a first time investor or a seasoned financier, it's always good to remember the basics.
With all the action in the market lately -- and we don't mean good action -- Cramer's been focusing on defensive stocks for all you Home Gamers to buy until things even out. Today in Texas, he brought on the CEO of what he called the "ultimate defensive play." Turns out he's a UT alum to boot.Investing can be confusing. Luckily, Cramer has mapped out some road rules for all you Home Gamers trying to navigate the jungle that is Wall Street. Think of it as "Mad Money 101" –- some fundamental advice to keep in mind as you play the market. Whether you're a first time investor or a seasoned financier, it's always good to remember the basics.
The fact that Cramer wants you in this sector may confuse you. Yes, we know, this group is responsible for the subprime-lending problem we’re seeing today, but this could end up helping investors.
After the trauma of a 416-point drop in the market, Cramer likes to go fishing – bottom fishing, actually. He has 25 years of experience angling through the wrecks of portfolios that belonged to less experienced fisherman and women, and today he’s going to share his secrets with you.
H.J. Heinz, which makes ketchup and a range of other foods, said its fiscal second-quarter profit slipped 6 percent, reflecting a higher tax rate and the impact of discontinued operations.