Heinz taps Burger King CEO as new owners take over
Company announced in February that it was being acquired and taken private by Warren Buffett's Berkshire Hathaway and 3G Capital
Found 1 month ago on channel CBS
Burger King CEO to take Heinz reins after deal
PITTSBURGH -- Burger King CEO Bernardo Hees will take the top job at Heinz following its acquisition by investment firm 3G Capital and Warren Buffett's Berkshire Hathaway Inc....
Before the Bell: U.S. economy, Buffett, Best Buy in focus
Wall Street was pressed a bit on Friday as investors were set to parse personal-income and -spending and other data and awaited the start of the budget sequester. The euro is back below $1.30 after weak economic reports in Europe, including record joblessness in the euro zone. Groupon is again in focus after it dismissed its CEO; earnings reports from Best Buy, Salesforce.com and Gap are in focus. And Warren Buffett offers his yearly letter the Berkshire Hathaway shareholders, a note that’s always a magnet for investor attention.
Buffett to Update His Acquisition Hunt
In the annual letter from the Berkshire Hathaway CEO, investors will be looking to see if he's still looking for big deals, especially following the Heinz buyout.
Photos: Warren Buffett Still in Same House
Billionaire Warren Buffett is content in the Happy Hollow house he has lived in for 55 years in Omaha, Neb. The 82-year old CEO of Berkshire Hathaway originally purchased the home for $31,500 (in 2013 approx. $250,000). It has none of the amenities of the ultra rich, such as a gate, security guards or cameras. Warren has been quoted as saying, 'I couldn't imagine having a better house'.
Found more than 1 month ago on channel Abc News