The Mini Elephant: Buffett Buys Heinz

Their namesake company, co-founded by billionaire banker Jorge Paulo Lemann, made news when it acquired Heinz with Berkshire Hathaway. While the full form of Lemann's 3G is a mystery, for Pavel Begun, 34, and Cory Bailey, 35, co-founders of 3G ...

Cozete Gomes, former model-turned-business mogul owns eight companies and does not really have time to be stuck in Sao Paulo's epic traffic jams. So she just flies over them. In Brazil's sprawling business capital, home to 20 million people, ...

The costs that conglomerates face to manage their various businesses as holding companies continue to make them attractive targets for activist investors, said Edward Garden, founding partner at Trian Fund Management LP. "There's a cost to a ...

June 12 (Bloomberg) -- Eike Batista dropped from the ranks of the world's 200 richest people after he sold shares in his flagship oil producer for the first time, dragging shares of OGX Petroleo & Gas Participacoes SA to a record low. OGX slumped ...

Franco-Nevada Corporation (NYSE:FNV) was in 14 hedge funds' portfolio at the end of March. FNV investors should pay attention to an increase in enthusiasm from smart money of late. There were 11 hedge funds in our database with FNV holdings at the ...

London (CNN) -- With the World Cup in 2014, the Olympics two years later and large discoveries of oil boosting the economy, Brazilians could be excused for looking at the world through rose-tinted glasses. The world's party country -- home to samba ...

Just like a major league general manager engineering late-season trades to fortify his team's status as a pennant contender, the guardians of major market indexes frequently shuffle their lineup cards to offer a basket of stocks that is more ...

Australia's competition regulator has blocked an attempted takeover of Rafferty's Garden, an organic baby food supplier, by US-based food giant HJ Heinz on concerns that the deal would have reduced competition significantly. The Australian ...

When U.S. stock trading begins tomorrow, H.J. Heinz Co. will no longer be listed on the Standard & Poor's 500 Index. Another iconic U.S. company, General Motors Co., will take its place. Although Heinz has been a corporation since 1905, it was ...