heinz

Corporate spinoffs can be done for a number of reasons, but the most common reason is to attempt to unlock shareholder value by simplifying operations. A number of extremely successful companies were once spinoffs. Here’s a look at some spinoffs you may or may not remember. eBay Inc (NASDAQ:...

Kraft Foods Group Inc (NASDAQ: KRFT) and Mondelez International Inc (NASDAQ: MDLZ) were charged Wednesday with obtaining $5.4 million in illegal profits by manipulating wheat prices. Shares of both companies were largely unchanged but volatile in after-hours trading. Pending charges were disclosed...

Speaking to Benzinga, Edward Jones Analyst Brian Yarbrough discussed the Kraft Foods Group Inc (NASDAQ: KRFT) merger with H. J. Heinz Company. Yarbrough felt that a food industry merger was expected following the acquisition of H. J. Heinz Company by Berkshire Hathaway Inc. (NYSE: BRK-A) (NYSE...

This week it was announced that Kraft Foods Group Inc (NASDAQ: KRFT) would combine with H.J. Heinz Co. in a move engineered by Brazil-based 3G Capital and Berkshire Hathaway Inc (NYSE: BRK-B).  The combination of these two iconic brands will create a powerhouse consumer staples company...

It was revealed on Wednesday that Berkshire Hathaway Inc. (NYSE: BRK-A) (NYSE: BRK-B) and Brazilian investment firm 3G Capital will be merging H.J. Heinz Co. with Kraft Foods Group Inc (NASDAQ: KRFT). Chairman and CEO of Berkshire Hathaway, Warren Buffett, was on CNBC to break down the...

H.J. Heinz Company and Kraft Foods Group Inc (NASDAQ: KRFT) announced on Wednesday that they have entered into a definitive merger agreement to create a new entity called The Kraft Heinz Company. The Kraft Heinz Company will become the third-largest food and beverage company in North America...

Coca-Cola's (NYSE: KO) announcement last week that it had acquired a $2.15 billion, 16.7 percent stake in Monster Beverage (NASDAQ: MNST) pairs the biggest soda company in the world with the biggest energy drink brand in the United States. Investor Reaction Positive The deal, two years...

First, it’s important to establish that this isn’t a joke. Ford (NYSE: F) and Heinz (NYSE: HNZ) have been exploring ways to make car parts out of ketchup. More specifically, the goal is to make car parts out of “by-products” of the ketchup-making process. All this has...

It has not been a happy gathering of food companies at the consumer industry conference. ConAgra Foods, J.M. Smucker and Mondelez International all recently reported dismal results. But not all food stocks are down. Kraft (NASDAQ: KRFT), which has a huge overseas presence, reported that sales...

Feel like gambling, but don’t want to drive all the way to the casino? Instead of sitting down at the Blackjack table, investors might try to predict the next surprise M&A takeover target. According to The Associated Press, U.S. companies, over the past few months, have announced a dozen...

During an interview with CNBC this morning, Trian Fund Management CEO Nelson Peltz said that as far as the board is concerned, "There have been no discussion of compensation" changes to H. J. Heinz Company (NYSE: HNZ) chief executive William Johnson. Heinz announced this morning that it will be...

Berkshire Hathaway (NYSE: BRK-A) (NYSE: BRK-B) and 3G Capital are set to become the proud new owner of H.J. Heinz Company (NYSE: HNZ), the multinational conglomerate responsible for manufacturing some of the world's most popular brands of food. Berkshire will acquire the firm at a premium cash...

If you trade like famed investor Dennis Gartman, you buy high and sell higher. If the chart starts at the lower left and trends to the upper right that means money for long investors. On Wednesday, some notable companies logged 52 week highs with charts that did just that. Berkshire Hathaway's B...