3G Capital

Warren Buffett told CNBC reports of any tension with 3G Capital related to their joint Kraft Heinz Co (NASDAQ: KHC) investment are untrue. What Happened Buffett's Berkshire Hathaway Inc. (NYSE: BRK-A) (NYSE: BRK-B) teamed up with 3G Capital to become a major shareholder of the food company in...

Kraft Heinz Co (NASDAQ: KHC) is a global food giant with No. 1 or No. 2-ranked market share in 17 different categories. But at the same time, Credit Suisse finds multiple reasons investors should drop their bullishness on the stock.  The Analyst Credit Suisse's Robert Moskow downgraded...

Shares of Hershey Co (NYSE: HSY) traded as low as $107.32 today before spiking to a high of $108.45 on volume. A Possible Explanation At approximately 11:10 a.m. EST, trader chat rooms began circulating unconfirmed rumors that Kraft Heinz Co (NASDAQ: KHC) had approached Hershey to discuss a...

Warren Buffett explained during a CNBC interview on Monday why Kraft Heinz Co (NASDAQ: KHC)'s proposed $143 billion acquisition of Unilever plc (ADR) (NYSE: UL) ultimately failed. Buffett played a large role in the merger, which brought together Kraft and Heinz and recently teamed up with Kraft's...

Shares of Kraft Heinz Co (NASDAQ: KHC) slid on mixed Q4 2016 results and press reports, stating 3G Capital would not use its new fund to support M&A at Kraft Heinz. These press reports are unconfirmed and, even if correct, would not change much for Kraft Heinz investors, Bernstein’s...

Shares of Unilever plc (ADR) (NYSE: UL), the British-based conglomerate with exposure in food, home and personal care products, soared higher by more than 10 percent early Friday morning after the company was named as an acquisition target. According to the Financial Times, the American giant Kraft...

Rob Dickerson of Deutsche Bank initiated coverage of Kraft Heinz Co (NASDAQ: KHC) on Wednesday with a Buy rating and $103 price target. Dickerson acknowledged the already high valuation of Kraft Heinz's stock, but the analyst's expectations for a high-teens earnings per share growth throughout 2017...

If history repeats itself, Jorge Paulo Lemann is up to something big. Lemann is a Brazilian billionaire and co-founder of 3G Capital, a multi-billion-dollar investment firm that has teamed up with the American billionaire investor Warren Buffett in the past. As noted by Bloomberg, Lemann worked...

Mondelez International Inc (NASDAQ: MDLZ) is officially off the table as a buyer of Hershey Co (NYSE: HSY). However, the U.S. election results may have ushered in a new era of domestic M&A that could see a new round of suitors for Hershey. Kraft Heinz Co (NASDAQ: KHC) may be in the mix....

Just because Mondelez International Inc (NASDAQ: MDLZ)-Hershey Co (NYSE: HSY) M&A talks didn't come to fruition, it doesn't mean others aren't craving to acquire the iconic chocolate producer. Earlier Tuesday, the Brazil Journal reported 3G Capital was looking to raise money,...

Mario Contreras of Deutsche Bank turned bullish on Kraft Heinz Co (NASDAQ: KHC)'s stock on Friday and upgraded the rating to Buy from Hold with a price target boosted to $103 from a previous $85. According to Contreras, Kraft Heinz represents an "attractive long-term story" given its industry-...

Diageo plc (NYSE: DEO) rose more than 8 percent on a report that Jorge Paulo Lemann may make a bid for the London-based purveyor of whiskey, beer and wine. The news was reported Friday by Brazilian weekly news magazine Veja and picked up by Bloomberg. Diageo traded recently at $118.09, up $8....