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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, Shareholders, Warren Buffett, Burger King
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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: Prices, Prostate Cancer, IBM, Sales, Shareholders
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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: General Motors Corp., Weather Reports, Weather, Hyundai Motor Co., Automotive Equipment
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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, Muhtar Kent, Coca-Cola Co., Warren Buffett
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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: Arable Farming, Food Industry, Research, Safeway Inc., Walmart
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Obama advocacy group collects mostly from small donors
WASHINGTON — The nonprofit advocacy group that was formed to back President Obama's agenda, which was sharply criticized as a potential conduit for wealthy interests to influence the White House, has been financed overwhelmingly by thousands of...Tags: Personal Weapon Control, Human Interest, Warner Bros. Entertainment, Inc., Oracle Corp., Organizing for Action
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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: Lifestyle and Leisure, Restaurant and Catering Industry, NYSE Euronext, Inc., Foods and Beverages, HJ Heinz Company
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John J. Byrne dies at 80; insurance exec turned Geico around
John J. Byrne, whose turnaround of auto insurer Geico Corp. led billionaire Warren Buffett to buy the company and call him "the Babe Ruth of insurance," died March 7 at his home in Etna, N.H., according to Robert E. Snyder, a family spokesman. He was 80...
Tags: Insurance, Bankruptcy, Companies and Corporations, GEICO, Vehicles
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Chocolate makers adjusting recipes for success
In 92 years, See's Candies has never shied away from being old-fashioned. At the factory on La Cienega Boulevard, some octogenarian workers measure their decades of employment in hip replacements. Quaint floral details are still hand-piped onto...
Tags: Prices, Science and Technology, Coca-Cola Co., Apple iPhone, I Love Lucy (tv program)
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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: Budgets and Budgeting, CNBC (tv network), Public Finance, Washington, DC, Budget Control Act of 2011
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Financial crisis deal makes Buffett a major Goldman shareholder
Warren Buffett, the ultimate buy-and-hold investor, is grabbing a big chunk of stock in Goldman Sachs Group Inc. — without having to buy it. The deal would make Buffett’s Omaha-based investment firm, Berkshire Hathaway Inc., one of Goldman&...Tags: Goldman Sachs Group, Inc., Financial Markets, Economy, Business and Finance, Warren Buffett, Stock Market
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Tribune Co. hires banks to manage offers for newspapers
Tribune Co. has hired two investment banks to manage offers to buy its newspapers, executives said Tuesday, adding that no decisions have been made about whether to sell any properties. JPMorgan Chase and Evercore Partners will oversee a process to...
Tags: Television Stations, Allentown, Baltimore County, Abell Foundation, Television Industry
Apr 30, 2013
|Story| Los Angeles Times
Apr 30, 2013
|Story| Reuters
Apr 24, 2013
|Story| Reuters
Apr 24, 2013
|Story| Reuters
Apr 17, 2013
|Story| Los Angeles Times
Apr 12, 2013
|Story| Los Angeles Times
Apr 11, 2013
|Story| Los Angeles Times
Mar 16, 2013
|Story| Los Angeles Times
Mar 29, 2013
|Story| Los Angeles Times
Mar 4, 2013
|Story| Los Angeles Times
Mar 26, 2013
|Story| Los Angeles Times
Feb 26, 2013
|Story| Baltimore Sun
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