The billionaire bet more heavily on mortgage insurers, suggesting he expects the housing recovery to continue.» Read More
Investors are ready to gobble up Pinnacle shares and ignore its debt levels when the IPO launches later this week, TheStreet.com reports.
March 22- Shares in top U.S. packaged food companies Mondelez International Inc and PepsiCo Inc jumped on Friday on speculation that they could merge, after a report that activist investor Nelson Peltz has taken stakes in each.
March 22- Shares of food makers Mondelez International Inc and PepsiCo Inc rose on Friday after a UK newspaper reported that activist shareholder Nelson Peltz has been building stakes in them. Spokesmen for PepsiCo and Mondelez declined to comment on rumor or speculation, though both indicated the companies were happy with where they were now.
March 20- General Mills Inc reported better-than-expected third-quarter earnings on Wednesday after sales volume of its core brands rose for the first time in two years, a good sign for the U.S. packaged food industry. Still, Russo said General Mills has been performing better in some of its challenged businesses, including cereal and yogurt.
The airline index is up 45 percent in the past one year, and up 20 percent so far this year alone, reports CNBC's Phil LeBeau.
European officials, emboldened by a victory over banker bonuses, will propose legislation this year giving shareholders voting rights to challenge executive pay.
When Berkshire Hathaway and co-investors were putting together the deal to buy Heinz, they wanted the right to terminate the acquisition if they couldn't finance it in the event that some of the biggest banks in the world went bust.
BRUSSELS/ LONDON, March 6- European officials, emboldened by a victory over banker bonuses, will propose legislation this year giving shareholders voting rights to challenge executive pay at public companies.
It’s time for the Lightning Round. Cramer makes the call on viewer favorites.
The business of "deal toys," tiny Lucite trophies of big Wall Street deals, took a huge hit during the recession but now it's starting to roar back.
Here are a handful of stocks to watch if small-cap and mid-cap mergers accelerate in 2013. TheStreet.com reports.
Some of the names on the move ahead of the open.
Profits must come through public confidence, and public confidence is given to any merchant in proportion to the service which he gives to the public.
March 4- H.J. Heinz Co Chief Executive William Johnson would receive about $56 million if he gets terminated following the ketchup maker's acquisition by Berkshire Hathaway and 3 G Capital, the company said on Monday.
March 4- H.J. Heinz Co said on Monday that its merger deal with Berkshire Hathaway and 3 G Capital has been amended so that restricted stock units will vest in keeping with their existing schedule instead of all at once at the time of the merger.
Skeptics may say the market is ahead of itself but Jim Cramer is anything but a skeptic.
By sitting on huge cash reserves and not making acquisitions in this market, Apple is going against the mantra of Warren Buffett, Jim Cramer says.
March 4- Berkshire Hathaway Inc is on the hunt for more deals similar to its planned purchase of H.J. Heinz Co, Warren Buffett, the conglomerate's chief executive, said on Monday. After a recent binge of buying newspapers, he said he is not interested in buying the Chicago Tribune or the Los Angeles Times from the Tribune Co. 1/ 8 ID: nL1N0BQ6FC 3/ 8.
March 4- Berkshire Hathaway Inc is on the hunt for more deals like its planned purchase of H.J. Heinz Co, Warren Buffett, the conglomerate's chief executive, said on Monday. "If we get a chance to buy another Heinz, we will do that," Buffett said on CNBC.
Even though stocks are near all-time highs, Warren Buffett still thinks they are more attractive than other investments.