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Thursday, February 14, 2013

Heinz CEO says no talk yet on management changes, (NYSE: BRK-A), (NYSE: BRK-B)

H.J. Heinz Co Chief Executive Bill Johnson said the ketchup company has not yet discussed management changes or cost cuts with 3G Capital and Berkshire Hathaway, the company's buyers. Johnson said that keeping Heinz's headquarters in Pittsburgh was "non-negotiable" but he had not discussed job cuts. Johnson, who has run the company for 15 years, said he was too young to retire.

Berkshire Hathaway Inc. (Berkshire) is a holding company owning subsidiaries engaged in a number of diverse business activities. Shares of BRK-A traded higher by 1.03% or $1518.0/share to $149268.00. In the past year, the shares have traded as low as $117000.00 and as high as $148562.00. On average, 73650 shares of BRK-A exchange hands on a given day and today's volume is recorded at 253.

Berkshire Hathaway Inc. (Berkshire) is a holding company owning subsidiaries engaged in a number of diverse business activities. Shares of BRK-B traded higher by 0.94% or $0.92/share to $98.89. In the past year, the shares have traded as low as $77.98 and as high as $99.00. On average, 4489370 shares of BRK-B exchange hands on a given day and today's volume is recorded at 3031308.



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