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The merger of Kraft and Heinz could pave the way for future food mergers, but dealmaking will likely dip in the near term, analysts tell CNBC.
Heinz Co, owned by 3 G Capital and Warren Buffett's Berkshire Hathaway Inc, is acquiring a majority stake in Kraft Foods Group Inc to create the third-largest North American food company, executives said on Wednesday. Shares of Kraft were up more than 38 percent near $85 in morning trading. The deal would provide Heinz with access to Kraft brands, which it says are...
Kraft Foods Group and H.J. Heinz agreed to pair up in a deal that will form a combined company with $28 billion in revenue. Here's how to trade it.
Top companies are making huge strides through their NCAA March Madness commercial spending.
A year ago, Taco Bell made a run outside its border and gambled on breakfast. Now it's doubling down. Get ready for the Biscuit Taco.
CNBC's Jim Cramer explains why the soda giant brought in the former president of the Dallas Fed.
CNBC's Jim Cramer explains why Pepsi decided to bring in the former president of the Dallas Fed.
Richard Fisher, who stepped down from the Fed on Thursday, is now serving on the board of this company.
That's much longer than the warnings on traditional cigarette packs in the United States. Nicotine can increase your heart rate and blood pressure and cause dizziness, nausea and stomach pain, "says MarkTen, a leading brand in the United States. There is no required health warning on electronic cigarettes in the United States, so "we had to do what we thought was...
SHANGHAI, March 23- China's largest food and beverage maker Tingyi Holding Corp said net profit fell 2 percent in 2014, while a slowing economy and fierce competition dragged sales down for the first time in almost two decades. Hong Kong- listed Tingyi, owner of the Master Kong brand and a partner with PepsiCo Inc and Starbucks Corp in China, said on Monday profit...
Companies moving to this Southern city are boosting housing demand, resulting in prices rising 8 percent in February from a year ago.
SHANGHAI/ SEATTLE, March 19- Starbucks Corp will partner Taiwanese drinks maker Tingyi Holding Corp to produce and sell ready-to-drink beverages in China, becoming the latest global firm to latch on to a local peer to expand in the tricky market. Starbucks will have Tingyi manufacture the drinks for China and help extend its distribution on the mainland, the U.S....
Kraft, Coca-Cola and Pepsi have had a tough month, but according to one trader now is a good time to buy.
SHARM EL-SHEIKH, March 14- One of Egypt's leading businessmen said on Saturday the country needs to fire inefficient civil servants to attract investment and strengthen the economy. Foreign investors have criticised bureaucracy and a bloated civil service of about seven million in Egypt, the most populous Arab country. "Changing the mindset of all the...
LONDON, March 13- The euro's slide towards parity with the dollar will provide a much-needed boost for European companies this year and force U.S. rivals to adapt their businesses or risk losing market share. Other companies predicting a tail wind from the around 20 percent drop in the value of the euro over the past six months to $1.06 on Friday include jet...
Jim Cramer has made a lot of calls before, but this one reaches new territory for black gold.
Jim Cramer warns investors not to worry about the drama of the market. Take a step back and listen to what's really important in a company.
strong dollar and interest rates impact the market
“Mad Money” host Jim Cramer is raising flags when it comes to this stock.
Jim Cramer speaks with PepsiCo CEO Indra Nooyi on her perspective of how being raised outside of the U.S. has helped her professionally.