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Let's make a deal: mega-mergers drive M&A frenzy

NEW YORK- Deal makers from New York to London had a busy first half of the year, and mega-mergers drove the frenzy. Companies around the world announced mergers and acquisitions worth $2.3 trillion, according to figures from data provider Dealogic, the second-best half-year total on record and the highest amount since 2007, when $2.6 trillion of deals were...
Source: The Associated Press | By: By STEVE ROTHWELL, AP Markets Writer
Kraft-Heinz deal closes  

Today was Kraft Foods' last day of trading on the Nasdaq market place. CNBC's Dominic Chu reports.
Source: CNBC.com
ACE and Dycom are big market movers

NEW YORK- Stocks that moved substantially or traded heavily Wednesday on the New York Stock Exchange and the Nasdaq Stock Market:. ACE Ltd., up 81 cents to $102.49. Dycom Industries Inc., up $4.63 to $63.48.
Source: The Associated Press
UPDATE 1-Smucker cuts Folgers coffee prices to woo customers back

NEW YORK, July 1- J.M. Smucker Co cut prices for most of its Folgers and Dunkin' Donuts coffee brands sold in the United States by 6 percent, the biggest U.S. roaster said on Wednesday, partially reversing last year's price hikes to woo back customers. The company is the first U.S. roaster to cut prices after a customer backlash following a 9 percent price hike just over a...
Source: Reuters | By: Marcy Nicholson
Why Smucker is cutting Folgers coffee prices

JM Smucker cut prices for most of the Folgers and Dunkin' Donuts coffee brands sold in the United States by 6 percent.
Source: Reuters
Smucker cuts Folgers coffee prices after 2014 increase

NEW YORK, July 1- J.M. Smucker Co cut prices for most of the Folgers and Dunkin' Donuts coffee brands sold in the United States by 6 percent, the biggest U.S. roaster said on Wednesday, after a price hike last year led to a loss of market share. In June, Smucker raised list prices on most of its U.S. packaged coffee by roughly 9 percent for the first time in three years because a...
Source: Reuters
Kraft shareholders approve sale of company to Heinz

NORTHFIELD, Ill.- Kraft shareholders have approved the sale of the company to ketchup maker H.J. Heinz, creating one of the world's largest food companies with annual revenue of about $28 billion. Heinz' owners, Warren Buffett's Berkshire Hathaway and the Brazilian investment firm 3 G Capital engineered the deal, first announced in March, and will control 51...
Source: The Associated Press
Heinz executives to dominate Kraft Heinz leadership

The leadership of Kraft Heinz will be dominated with Kraft Foods Group, both companies said.
Source: Reuters
Early movers: PNR, CAG, GE, FIT, JUNO, GM & more

These are the stocks posting the largest moves before the bell.
Source: CNBC.com | By: Peter Schacknow
Heinz executives to dominate Kraft Heinz leadership

Heinz Co after that company merges with Kraft Foods Group Inc, both companies said. Brazilian firm 3 G Capital and Warren Buffett's Berkshire Hathaway Inc bought Heinz in 2013.. The two who will remain are Jim Savina, who will become Kraft Heinz's general counsel, and George Zoghbi, who will become chief operating officer of the U.S. commercial business.
Source: Reuters