$HNZ News

Last published 2y ago

2y agoDIS IHRT IR IVZ+10Trian Nominates Two Candidates to The Walt Disney Company BoardGlobeNewswireNEW YORK and PALM BEACH, Fla., Dec. 14, 2023 (GLOBE NEWSWIRE) -- Trian Fund Management, L.P. (together with its affiliates, "Trian", "our" or "we"), which beneficially owns $3 billion of common stock in The Walt Disney
13y agoHNZBerkshire Hathaway and 3G Capital Complete Acquisition of H.J. Heinz CompanyBusiness WirePITTSBURGH--(BUSINESS WIRE)--H.J. Heinz Company (“Heinz”) today announced the completion of its previously announced acquisition by an investment consortium comprised of Berkshire Hathaway and an investment fund affiliated with 3G Capital. The acquisition agreement was first announced on February 14 and the transaction closed and became effective today.
13y agoHNZH.J. Heinz Company Extends Expiration Date of Change of Control Offers to Purchase Certain Series of H.J. Heinz Company’s Outstanding NotesBusiness WirePITTSBURGH--(BUSINESS WIRE)--H.J. Heinz Company (NYSE: HNZ) (“Heinz”) today announced that it is extending the expiration date of its change of control offers to purchase any and all of its outstanding 2.000% Notes due 2016, 1.500% Notes due 2017, 3.125% Notes due 2021 and 2.850% Notes due 2022 (the “Notes”) for cash equal to 101% of the principal amount (the “Change of Control Offers”), until 5:0 ...
13y agoHNZH.J. Heinz Company Announces Receipt of All Regulatory Approvals Required for the Acquisition of Heinz by Berkshire Hathaway and 3G CapitalBusiness WirePITTSBURGH--(BUSINESS WIRE)--H.J. Heinz Company (NYSE: HNZ) (“Heinz”) today announced that it has received all regulatory approvals required for the acquisition of Heinz by an investment consortium comprised of Berkshire Hathaway and an investment fund affiliated with 3G Capital. The merger agreement between the parties was first announced on February 14 and was overwhelmingly approved by Heinz sh ...
13y agoHNZH.J. Heinz Company Announces Receipt of Chinese Regulatory Approval Required for the Acquisition of Heinz by Berkshire Hathaway and 3G CapitalBusiness WirePITTSBURGH--(BUSINESS WIRE)--H.J. Heinz Company (NYSE: HNZ) (“Heinz”) today announced that it has received regulatory approval from the Chinese Ministry of Commerce for the acquisition of Heinz by an investment consortium comprised of Berkshire Hathaway and an investment fund affiliated with 3G Capital. The transaction remains subject to certain customary closing conditions, including receipt of c ...
13y agoHNZHeinz® Ketchup Invites Family and Friends to Gather 'Round the GrillBusiness WirePITTSBURGH--(BUSINESS WIRE)--Just in time for Memorial Day, Heinz® Ketchup is encouraging Americans to “Gather ‘Round the Grill” with family and friends and catch up over ketchup. Heinz knows that taking the time to enjoy good food, good company and good weather is important. That’s why America’s Favorite Ketchup® is challenging people to commit to 57,000 grilling gatherings this summer and encour ...
13y agoHNZH.J. Heinz Company Shareholders Overwhelmingly Approve Acquisition by Berkshire Hathaway and 3G CapitalBusiness WirePITTSBURGH--(BUSINESS WIRE)--H.J. Heinz Company (NYSE: HNZ) (“Heinz”) shareholders voted today to approve and adopt the previously announced merger agreement providing for the acquisition of Heinz by an investment consortium comprised of Berkshire Hathaway and an investment fund affiliated with 3G Capital. Heinz shareholders overwhelmingly approved the deal, with approximately 95 percent of the vo ...
13y agoBKW HNZBurger King Worldwide, Inc. Elevates Company’s Top Talent as C.E.O. Bernardo Hees and C.F.O. Daniel Schwartz Assume New Roles within BKWBusiness WireMIAMI--(BUSINESS WIRE)--Burger King Worldwide, Inc. (NYSE:BKW) today announced an evolution of its senior management team as Chief Executive Officer Bernardo Hees and Chief Financial Officer Daniel Schwartz assume new roles within the company. With a succession plan firmly in place, additional changes to BKW’s senior management team are a testament to the depth and breadth of the company’s leaders ...
13y agoHNZBernardo Hees to be Appointed Chief Executive Officer of H.J. Heinz Company Following Completion of the Acquisition by 3G Capital and Berkshire HathawayBusiness WirePITTSBURGH--(BUSINESS WIRE)--3G Capital and Berkshire Hathaway today announced that Bernardo Hees will become Chief Executive Officer of H.J. Heinz Company (NYSE: HNZ) upon completion of the previously announced acquisition of Heinz by an investment consortium comprised of Berkshire Hathaway and 3G Capital.
13y agoHNZH.J. Heinz Company Sets April 30 as Date of Special Shareholder Meeting to Vote on Acquisition by 3G Capital and Berkshire Hathaway and Announces Early Termination of Hart-Scott-Rodino Waiting PeriodBusiness WirePITTSBURGH--(BUSINESS WIRE)--H.J. Heinz Company (NYSE: HNZ) (“Heinz”) today announced that it has set a date for a special meeting of its shareholders to consider and vote on, among other things, a proposal to approve and adopt the previously announced merger agreement, dated as of February 13, 2013, as amended, providing for the acquisition of Heinz by an investment consortium comprised of Berksh ...
13y agoHNZHeinz Announces Successful Completion of its Consent Solicitation with Respect to 7.125% Guaranteed Notes Due 2039Business WirePITTSBURGH--(BUSINESS WIRE)--H.J. Heinz Company (NYSE: HNZ) (“Heinz”) announced today that its subsidiary H.J. Heinz Finance Company (“Heinz Finance”) has received the consents necessary to effect certain amendments (the “Amendments”) to the 7.125% Guaranteed Notes Due 2039 (CUSIP No. 42307T AH1) issued by Heinz Finance and fully, unconditionally and irrevocably guaranteed by Heinz (the “Notes”).
13y agoHNZHeinz Announces Consent Solicitation with Respect to 7.125% Guaranteed Notes Due 2039Business WirePITTSBURGH--(BUSINESS WIRE)--H.J. Heinz Company (NYSE: HNZ) (“Heinz”) announced today that its subsidiary H.J. Heinz Finance Company (“Heinz Finance”) has commenced a consent solicitation with respect to the 7.125% Guaranteed Notes Due 2039 (CUSIP No. 42307T AH1) issued by Heinz Finance and fully, unconditionally and irrevocably guaranteed by Heinz (the “Notes”).
13y agoHNZHeinz Announces Proposed Offering of Senior Secured Notes by Hawk Acquisition Sub, Inc.Business WirePITTSBURGH--(BUSINESS WIRE)--H.J. Heinz Company (NYSE: HNZ) (“Heinz”) announced that Hawk Acquisition Sub, Inc. (“Merger Sub”), an entity formed by Berkshire Hathaway Inc. and 3G Capital Partners Ltd. (the “Investors”) intends, subject to market conditions, to offer $2,100 million in aggregate principal amount of its second lien senior secured notes due 2020 (the “notes”). The notes are being issu ...
13y agoHNZHeinz Declares Quarterly DividendBusiness WirePITTSBURGH--(BUSINESS WIRE)--The H.J. Heinz Company (NYSE:HNZ) announced today that its Board of Directors declared a quarterly dividend on the common stock.
13y agoHNZH.J. Heinz Company Announces Redemption of all 5,787 Outstanding Shares of Third Cumulative Preferred Stock, $1.70 First SeriesBusiness WirePITTSBURGH--(BUSINESS WIRE)--H.J. Heinz Company (NYSE: HNZ) (“Heinz”) today announced that it will be redeeming all 5,787 outstanding shares (as of February 27, 2013) of its Third Cumulative Preferred Stock, $1.70 First Series, in connection with the previously announced acquisition of Heinz by an investment consortium comprised of Berkshire Hathaway and 3G Capital.
13y agoHNZHeinz Reports Third-Quarter EPS from Continuing Operations, Excluding Special Items, of $0.99 ($0.95 Reported)Business WirePITTSBURGH--(BUSINESS WIRE)--H.J. Heinz Company (NYSE:HNZ) today reported solid third-quarter results, with growth in sales, operating income, net income and earnings per share from continuing operations, excluding special items.
13y agoHNZLaw Firm Brower Piven Announces Investigation of H.J. Heinz Company Proposed BuyoutBusiness WireSTEVENSON, Md.--(BUSINESS WIRE)--The securities litigation firm of Brower Piven, A Professional Corporation, has commenced an investigation into possible breaches of fiduciary duty to current shareholders of H.J. Heinz Company (“Heinz” or the “Company”) (NYSE: “HNZ”) and other violations of state law by the board of directors of Heinz relating to the proposed acquisition of the Company by Berkshir ...
13y agoHNZ BRKFaruqi & Faruqi, LLP is Seeking More Cash for the Shareholders of H.J. Heinz Company (HNZ)Business WireNEW YORK--(BUSINESS WIRE)--Faruqi & Faruqi, LLP, a leading national securities firm headquartered in New York City, is investigating the Board of Directors of H.J. Heinz Company (“Heinz” or the “Company”) (NYSE: HNZ) for potential breaches of fiduciary duties in connection with their conduct related to the sale of the Company to Berkshire Hathaway (NYSE: BRK.A, BRK.B) and 3G Capital in a deal valu ...
13y agoHNZLaw Firm Brower Piven Announces Investigation of H.J. Heinz CompanyBusiness WireSTEVENSON, Md.--(BUSINESS WIRE)--The securities litigation firm of Brower Piven, A Professional Corporation, has commenced an investigation into possible breaches of fiduciary duty to current shareholders of H.J. Heinz Company (“Heinz” or the “Company”) (NYSE: “HNZ”) and other violations of state law by the board of directors of Heinz relating to the proposed acquisition of the Company by Berkshir ...
13y agoHNZH.J. Heinz Company and 3G Capital to Host Joint Press Conference to Announce Agreement for Heinz to be Acquired by Berkshire Hathaway and 3G CapitalBusiness WirePITTSBURGH--(BUSINESS WIRE)--(NYSE:HNZ) – H.J. Heinz Company and 3G Capital invite media to attend a joint press conference at 11 a.m. Eastern Time at Heinz World Headquarters, One PPG Place, Suite 3100 in Pittsburgh, PA.
13y agoHNZH.J. Heinz Company Enters Into Agreement to Be Acquired by Berkshire Hathaway and 3G CapitalBusiness WirePITTSBURGH & OMAHA, Neb. & NEW YORK--(BUSINESS WIRE)--H.J. Heinz Company (NYSE: HNZ) (“Heinz”) today announced that it has entered into a definitive merger agreement to be acquired by an investment consortium comprised of Berkshire Hathaway and 3G Capital.
13y agoHNZH.J. Heinz Company to Present at Annual Consumer Analyst Group of New York (CAGNY) ConferenceBusiness WirePITTSBURGH--(BUSINESS WIRE)--H.J. Heinz Company (NYSE:HNZ) announces its presentation at the annual Consumer Analyst Group of New York (CAGNY) Conference in Boca Raton, Florida (listen only) on Thursday, February 21, 2013 at 8 a.m. Eastern time. The Company will review its strategies for driving profitable growth and provide an update on recent performance, including a preview of third-quarter res ...
13y agoHNZHeinz Makes $60 Million Earn-Out Payment for Foodstar Business in China, Resulting in a $0.04 EPS Impact in Third QuarterBusiness WirePITTSBURGH--(BUSINESS WIRE)--H.J. Heinz Company (NYSE:HNZ) announced today that it has made an early earn-out payment of $60 million to Transpac Industrial Holdings Ltd., a Singapore-based private equity holding company, and various Transpac Funds, the previous owners of Heinz’s Foodstar business in China. Heinz acquired Foodstar in November 2010. The earn-out payment is in addition to the origina ...
13y agoHNZHeinz Declares Quarterly DividendBusiness WirePITTSBURGH--(BUSINESS WIRE)--H.J. Heinz Company (NYSE:HNZ) announced today that its Board of Directors declared quarterly dividends on both common and preferred stock.
13y agoHNZHeinz Reports Double-Digit EPS Growth to $0.90 from Continuing Operations; Reaffirms Previously Announced Fiscal 2013 Full-Year Sales and Profit OutlookBusiness WirePITTSBURGH--(BUSINESS WIRE)--H.J. Heinz Company (NYSE:HNZ) today reported solid second-quarter results, with growth of 11.1% in earnings per share from continuing operations (excluding charges for productivity initiatives in Fiscal 2012). The results were fueled by dynamic growth in Emerging Markets, continued growth in Global Ketchup and the Company's Top 15 Brands, and a favorable tax rate. This ...
14y agoHNZFranck Moison Appointed to Heinz Board of DirectorsBusiness WirePITTSBURGH--(BUSINESS WIRE)--H.J. Heinz Company (NYSE: HNZ) today announced that Franck J. Moison, Chief Operating Officer (COO), Emerging Markets & South Pacific at Colgate-Palmolive Co., has been appointed to the Heinz Board of Directors, effective January 1, 2013.
14y agoHNZHeinz Heats Up the Holidays with Limited Edition Tomato Ketchup Blended with Real JalapeñoBusiness WirePITTSBURGH--(BUSINESS WIRE)--This Cyber Monday, Heinz® Ketchup is giving its more than 1 million Facebook fans in the U.S. a hot holiday offer with the chance to purchase its newest limited edition flavor, Heinz Tomato Ketchup Blended with Real Jalapeño, before it hits retail store shelves. To celebrate “12 Days of Jalapeño Ketchup,” fans can purchase the product exclusively through Facebook from ...
14y agoHNZHeinz Tops All Food Manufacturers in the American Customer Satisfaction Index™ for 13th Consecutive YearBusiness WirePITTSBURGH--(BUSINESS WIRE)--H.J. Heinz Company (NYSE: HNZ) is pleased to announce that the Company ranked number-one in overall customer satisfaction among food manufacturers in the 2012 American Customer Satisfaction Index™ (ACSI). Heinz led food manufacturers for the 13th consecutive year.
14y agoHNZH.J. Heinz Company to Host Conference Call/Webcast on Second Quarter Fiscal 2013 ResultsBusiness Wire--(BUSINESS WIRE)--H.J. Heinz Company (NYSE:HNZ) announced today a conference call and webcast for Securities Analysts and Media (listen only) to discuss the Company’s Second Quarter Fiscal 2013 results and its Fiscal 2013 outlook at 8 a.m. Eastern time on Tuesday, November 20, 2012.
14y agoHNZHeinz® Ketchup Encourages Americans to Salute Our Veterans Through the ‘Our Turn to Serve’ CampaignBusiness WirePITTSBURGH--(BUSINESS WIRE)--This fall, Heinz makes it easy for consumers to recognize and thank those who have served our country. Now in its second year, the “Our Turn to Serve” campaign on Heinz® Ketchup bottles encourages Americans to send a personalized “thank you” to veterans and active-duty military service members and aims to raise money and awareness for Wounded Warrior Project®, a nonpro ...
14y agoHNZHeinz Reports Double-Digit First-Quarter EPS Growth to $0.87 from Continuing OperationsBusiness WirePITTSBURGH--(BUSINESS WIRE)--H.J. Heinz Company (NYSE:HNZ) today reported strong first-quarter results, with growth of 10.1% in earnings per share from continuing operations (excluding special charges a year ago). The results reflected double-digit sales growth in Emerging Markets, improved results in the U.S. and Australia, higher volume and pricing, improved productivity and a favorable tax rate ...
14y agoHNZHeinz Declares Quarterly DividendBusiness WirePITTSBURGH--(BUSINESS WIRE)--The H.J. Heinz Company (NYSE:HNZ) announced today that its Board of Directors declared quarterly dividends on both common and preferred stock.
14y agoHNZHeinz Chairman Tells Shareholders the Company Expects to Report Strong First-Quarter Results with EPS of $0.87Business WirePITTSBURGH--(BUSINESS WIRE)--At the H.J. Heinz Company (NYSE: HNZ) Annual Meeting of Shareholders today, Chairman, President and CEO William R. Johnson said the Company expects to report “strong first-quarter results,” including:
14y agoHNZH.J. Heinz Company to Participate in the Barclays Capital 2012 Back-to-School Consumer ConferenceBusiness WirePITTSBURGH--(BUSINESS WIRE)--H.J. Heinz Company (NYSE:HNZ) announces its participation in the Barclays Capital 2012 Back-to-School Consumer Conference on Wednesday, September 5, 2012 at 9:45 a.m. Eastern time to discuss Heinz’s portfolio, results and strategies to drive continued growth in emerging and developed markets. This presentation will be available via a live Webcast on www.heinz.com.
14y agoHNZH.J. Heinz Company to Host Conference Call/Webcast on First-Quarter Fiscal 2013 ResultsBusiness WirePITTSBURGH--(BUSINESS WIRE)--H.J. Heinz Company (NYSE:HNZ) announced today a conference call and Webcast for Securities Analysts and Media (listen only) to discuss the Company’s first-quarter Fiscal 2013 results and its Fiscal 2013 outlook at 8:30 a.m. Eastern time on Wednesday, August 29, 2012.
14y agoHNZH.J. Heinz Company to Host Annual Meeting of ShareholdersBusiness WirePITTSBURGH--(BUSINESS WIRE)--H.J. Heinz Company (NYSE:HNZ) announced today a meeting with Shareholders on August 28 at 9 a.m., including a discussion of the Company’s Fiscal 2012 performance and Fiscal 2013 outlook, as well as a preview of first-quarter results.
14y agoHNZHeinz® Ketchup Inspires More Environmentally Responsible Living This Summer with PlantBottle™ Packaging PromotionBusiness WirePITTSBURGH--(BUSINESS WIRE)--To encourage more environmentally responsible living, Heinz® Ketchup has launched the “Join the Growing Movement” campaign on its restaurant bottles featuring PlantBottle™ technology, inviting consumers to promise to be more environmentally responsible through a mobile application. For each pledge taken and shared, Heinz will help plant a tree, up to 57,000 trees.
14y agoHNZHeinz Appoints Dave Woodward to Lead North American BusinessBusiness WirePITTSBURGH--(BUSINESS WIRE)--H.J. Heinz Company (NYSE: HNZ) today announced that Dave Woodward has been appointed Executive Vice President in charge of Heinz North America, effective immediately.
14y agoHNZStudent Drawings Inspire Inventive Ketchup Packets in 2012 Heinz Ketchup Creativity™ ContestBusiness WirePITTSBURGH--(BUSINESS WIRE)--Students who poured out their love for America’s Favorite Ketchup® in their own unique and artistic way will forever hold a place in Heinz history as official winners of the national 2012 Heinz Ketchup Creativity™ Contest.
14y agoHNZNew Ore-Ida® Grillers Are ‘Hot Potatoes’ for Cookout SeasonBusiness WirePITTSBURGH--(BUSINESS WIRE)--The Ore-Ida potatoes that American families have loved for 60 years are now grill-ready, cookout-friendly, and available with a fresh new twist on the classic spud just in time for the start of summer and peak of grilling season.
14y agoHNZHeinz® Vinegar Brings ‘Natural’ Expertise to New Cleaning FormulaBusiness WirePITTSBURGH--(BUSINESS WIRE)--Heinz, the trusted maker of premium vinegars for more than a century, is expanding into the cleaning category with the launch of Heinz All Natural Cleaning Vinegar. This new cleaning vinegar is 20 percent stronger than traditional distilled white vinegar, making it an optimal formula for safe and effective cleaning throughout the home.
14y agoHNZHeinz Raises Annualized Common Stock Dividend by 14 Cents to $2.06 Per Common Share; 7.3% Increase Marks Ninth Consecutive Year of Dividend GrowthBusiness WirePITTSBURGH--(BUSINESS WIRE)--H.J. Heinz Company (NYSE: HNZ) announced today that its Board of Directors has approved a 7.3% increase in the annualized common stock dividend, marking the Company’s ninth consecutive year of dividend growth.
14y agoHNZHeinz Fourth-Quarter EPS Rose 17.4% to $0.81 before Special Charges ($0.54 Reported) and Sales Grew 5.6% Driven by Emerging Markets and Global KetchupBusiness WirePITTSBURGH--(BUSINESS WIRE)--H.J. Heinz Company (NYSE:HNZ):
14y agoHNZH.J. Heinz Company to Review Fiscal 2012 Results and Future Outlook at 2012 Investor and Analyst Meeting on May 24 at The New York Palace HotelBusiness WirePITTSBURGH--(BUSINESS WIRE)--H.J. Heinz Company (NYSE:HNZ) announced today a meeting with investors and analysts on Thursday, May 24 in New York to discuss its global businesses and brands, Fiscal 2012 results, growth strategies and Heinz’s outlook. The meeting runs from 1 - 5 p.m. Eastern Time at The New York Palace Hotel, 455 Madison Avenue (between 50th and 51st Streets), New York, NY 10022.
14y agoHNZHeinz® Tomato Ketchup Blended with Balsamic Vinegar Satisfies Fan Hunger as Newest Member of Heinz Ketchup’s Standard Line UpBusiness WirePITTSBURGH--(BUSINESS WIRE)--Ketchup lovers across the country have spoken and Heinz is answering their call.
14y agoHNZHeinz EVP Mike Milone Retires from Heinz after 32 Years of Outstanding ServiceBusiness WirePITTSBURGH--(BUSINESS WIRE)--H.J. Heinz Company (NYSE: HNZ) today announced that Mike Milone, an Executive Vice President who led the dynamic growth of the Company’s Rest of World segment, will retire from Heinz in June after 32 years of exceptional service. Mr. Milone was also responsible for Global Enterprise Risk Management, Environmental Health, Safety & Sustainability, Quality and Infant/Nutr ...
14y agoHNZHeinz Declares Quarterly DividendBusiness WirePITTSBURGH--(BUSINESS WIRE)--The H.J. Heinz Company (NYSE:HNZ) announced today that its Board of Directors declared quarterly dividends on both common and preferred stock.
14y agoHNZH.J. Heinz Company to Present at Annual Consumer Analyst Group of Europe (CAGE) ConferenceBusiness WirePITTSBURGH--(BUSINESS WIRE)--H.J. Heinz Company (NYSE:HNZ) announces its presentation at the annual Consumer Analyst Group of Europe (CAGE) Conference in London (listen only) on Tuesday, March 20, 2012 at 5:15 p.m. GMT (1:15 p.m. Eastern time). The Company will present an update on its global and European businesses, including strategies for growth and recent results.
14y agoHNZH.J. Heinz Company to Present at UBS Global Consumer ConferenceBusiness WirePITTSBURGH--(BUSINESS WIRE)--H.J. Heinz Company (NYSE:HNZ) announces its participation at the UBS Global Consumer Conference in Boston, MA (listen only) on Thursday, March 15, 2012 at 9:00 a.m. Eastern time. The session will be a live discussion with UBS restaurants and packaged food analyst David Palmer. Topics are expected to include Heinz’s Asia Pacific and global businesses, including strategi ...
14y agoHNZHeinz Increases Focus on T.G.I. Friday’s Frozen Snacks and AppetizersBusiness WirePITTSBURGH--(BUSINESS WIRE)--H.J. Heinz Co. (HNZ) is significantly strengthening its focus on the T.G.I. Friday’s line of frozen snacks and appetizers by increasing its investment in marketing and product development in fiscal year 2013. The brand’s newest snack and appetizer item, T.G.I. Friday’s Mac & Cheese Wedges, capitalizes on the comfort food trend by taking one of America’s favorite comfor ...