Showing posts with label CHD. Show all posts
Showing posts with label CHD. Show all posts

2.14.2013

Stock in stuff people buy: Church & Dwight Co


Church & Dwight Co. Inc




Comment: My son has been after me for more than a year to buy CHD. Church and Dwight brands. I hope the stock goes Kaboom!


Berkshire Hathaway to acquire H.J. Heinz


Buffett’s Ketchup Bet: Unlikely Another Bidder Emerges
Excerpt:


H.J. Heinz Co., which agreed to be acquired by Buffett’s Berkshire Hathaway BRKB +0.91% and private-equity firm 3G Capital for $72.50 a share, or more than $23 billion. The deal is seen as the largest-ever in the food industry.

Shares recently rose 20% to $72.50 on heavy trading volume.

Heinz is a packaged-foods company known for its iconic ketchup brand but recently has been battling weaker North American sales.



Comment: We bought HNZ 2 years ago for about $ 50 . ... sold today at $ 72.505. Replacing with Church & Dwight Co. Inc. and Danone. Warren is ready for another acquisition.