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Heinz shareholders OK takeover by Berkshire Hathaway, 3G Capital
Heinz shareholders on Tuesday overwhelmingly backed an acquisition by Warren Buffett's Berkshire Hathaway and 3G Capital, a private equity firm. Following the February announcement that Heinz would be sold for a record $28 billion, the company's...
Tags: Corporate Officers, Berkshire Hathaway Inc., Burger King, Shareholders
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PREVIEW-Berkshire size, Buffett age cloud annual gathering
Reuters* Berkshire Hathaway annual meeting set for May 4 * Berkshire's size, Buffett's age and succession in focus By Jonathan Stempel and Jennifer Ablan April 30 (Reuters) - Warren Buffett may be on safari for major acquisitions, which he likes to call...Tags: Coca-Cola Co., Morningstar Incorporated, Berkshire Hathaway Inc., Sales, Prices
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Hong Kong shares may extend week's gains
ReutersHONG KONG, April 26 (Reuters) - Hong Kong shares could extend this week's gains on Friday, tracking a Wall Street rise after surprisingly resilient U.S. labour data and as physical commodity prices recovered further after their recent selloff....Tags: Hong Kong, Bonds, Petroleum Industry, China, Earnings
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POSCO Q1 profit up 23 pct; weak auto demand caps gains
ReutersSEOUL, April 25(Reuters) - South Korean steelmaker POSCO , backed by billionaire investor Warren Buffett, posted a 23 percent gain in January to March profit, meeting a consensus forecast, but its gains were capped by the weak global economy and demand...Tags: Weather, General Motors Corp., Weather Reports, Hyundai, Thomson Corporation
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Coca-Cola looks to more diverse board
ReutersApril 24 (Reuters) - Coca-Cola Co added on Wednesday the head of a poverty-fighting group to its board, part of move to diversify its aging panel of directors that Chief Executive Muhtar Kent said would continue. Up until Wednesday's annual...Tags: Coca-Cola Co., Muhtar Kent, Berkshire Hathaway Inc., Coca-Cola
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When Buffett gets Heinz, he'll also add Burger King CEO Hees
Fast food giant Burger King Worldwide Inc. said it will lose its chief executive Bernardo Hees to H.J. Heinz Co. once billionaire financier Warren Buffett wraps up his acquisition of the ketchup company with 3G Capital. Corporate poaching this...
Tags: Corporate Officers, Foods and Beverages, Berkshire Hathaway Inc., Ketchup, JC Penney Company Inc.
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In Florida's housing market, cash is king
In Florida, half of all home sales have become all-cash transactions. That's for single family homes. The rate of cash sales for townhomes and condos is now above 75 percent. Those are some pretty startling figures, and we need to keep an eye on them....
Tags: The Washington Post, Services and Shopping, Real Estate, CNBC (tv network)
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Tesco to pull out of U.S. and sell Fresh & Easy markets
The British are leaving. Five years after launching the Fresh & Easy grocery chain in the U.S., Tesco of England is abandoning its nearly $2-billion gamble. Once called "foolhardy" by investment guru Warren Buffett, the ambitious experiment joins a...
Tags: Panera Bread Company, Supervalu Inc., Walmart, Safeway Inc., Berkshire Hathaway Inc.
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Dow hits record, erasing Great Recession losses
NEW YORK (AP) — The stock market is back. Five and a half years after the start of a frightening drop that erased $11 trillion from stock portfolios and made investors despair of ever getting their money back, the Dow Jones industrial average...
Tags: New York University, Productivity, Consumers, Fiscal Cliff, JPMorgan Chase & Co.
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Mismanaged Maryland
There is a sharp disconnect between the image and reality of the O'Malley administration's fiscal policies. The image features pension reforms, reduced structural deficits, a rainy day fund, and protection of programs. The reality includes deferred...
Tags: Money and Monetary Policy, Pension and Welfare, Martin O'Malley, Finance, Politics
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Warren Buffett says federal budget cuts aren't too bad for economy
WASHINGTON -- Billionaire investor Warren Buffett is not a big fan of the automatic federal budget cuts that kicked in Friday, but he said they help reduce the deficit and shouldn't hurt the economy too much. The government is still running a deficit...
Tags: Budget Control Act of 2011, Politics, Berkshire Hathaway Inc., Washington, DC, Public Finance
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Forbes' tally of billionaires jumps 16%; Buffett drops in list
This post has been corrected. See below for details. The list of the world's ultimate 1% has grown: Forbes magazine said its tally of billionaires around the globe climbed 16% over last year. Topping the list is Carlos Slim, a telecommunications mogul...
Tags: Microsoft Corporation, Media Industry, Amancio Ortega, Banking, Carlos Slim
Apr 30, 2013
|Story| Los Angeles Times
Apr 30, 2013
|Story| Reuters
Apr 25, 2013
|Story| Reuters
Apr 24, 2013
|Story| Reuters
Apr 24, 2013
|Story| Reuters
Apr 11, 2013
|Story| Los Angeles Times
Apr 22, 2013
| Orlando Sentinel
Apr 17, 2013
|Story| Los Angeles Times
Mar 6, 2013
|Story| Petoskey News
Mar 11, 2013
|Story| Baltimore Sun
Mar 4, 2013
|Story| Los Angeles Times
Mar 4, 2013
|Story| Los Angeles Times
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