ADVFN - Advanced Financial Network.
HOME» NYSE » H » HNZ Stock Price » HNZ Stock News

Heinz H J Share News

 Heinz (h.j.) Co. Stock Price
HNZ Stock Price
 Heinz (h.j.) Co. Stock Chart
HNZ Stock Chart
 Heinz (h.j.) Co. Stock News
HNZ Stock News
 Heinz (h.j.) Co. Company Information
HNZ Company Information
 Heinz (h.j.) Co. Stock Trades
HNZ Stock Trades

Nelson Peltz distributes Heinz shares

NEW YORK (AP) - Activist investor and H.J. Heinz Co. Director Nelson Peltz has reduced his stake in the food company to 4.9 percent after Heinz shares were distributed to certain investors, according to regulatory filing on Monday. Peltz's Trian funds, which include Fund Management LP, reported owning roughly 15.5 million shares of the Pittsburgh-based company. On Oct. 12, Peltz reported that his funds held about 19 million Heinz shares, or a 6 percent stake. In a statement, Heinz noted that the Securities and Exchange Commission filing relates to a distribution of Heinz shares to certain investors, rather than a sale of the stock. "Trian Partners has indicated to Heinz that it remains pleased with its Heinz investment," the company said. "According to its amended 13D, Trian Partners has not sold any Heinz shares and has no current intention to sell shares." Heinz also said that Peltz will continue to serve on its board. Heinz shareholders re-elected Peltz and an ally, former Snapple executive Michael F. Weinstein, to the company's board in August. Peltz and Weinstein had won the seats a year earlier after a proxy battle. Heinz shares fell 27 cents to $43.84 in morning trading. Copyright 2007 Associated Press. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.

Stock News for Heinz H J (HNZ)
04/16/201515:02:12Nestlé Continues to Slim to Compete with New Food Industry Giants
04/16/201513:07:48Heinz Aims to Be Top Dog in Mustard, Too
04/16/201511:23:24Nestlé Continues to Slim to Compete with New Food Industry Giants
04/15/201505:18:29European M&A Deal Volume Rises, but Still Trails U.S.
04/01/201518:51:45Kraft, Mondelez Accused of Manipulating Wheat Markets -- Update
03/31/201516:02:08Junk Bonds Find Buyers After Crude's Trip Down
03/29/201521:26:35CMO Today
03/26/201520:34:18Balance of Power Shifts in Groceries
03/26/201520:28:35Balance Of Power Shifts In Groceries
03/26/201520:24:52Guru's Budgeting Insight Shines Through 3G Deals
03/26/201512:21:00INVESTOR ALERT: Levi & Korsinsky, LLP Notifies Shareholders of...
03/25/201520:15:46Kraft And Heinz Brands Struggle To Adapt
03/25/201519:56:37Lean Recipe Fuels Food Deals--Update
03/25/201518:17:24Kraft Foods, H.J. Heinz to Merge -- 9th Update
03/25/201515:46:07In Kraft-Heinz Deal, Will Chicago or Pittsburgh Lose More Jobs?
03/25/201515:43:35Kraft Foods, H.J. Heinz to Merge -- 8th Update
03/25/201510:09:38Kraft Foods, H.J. Heinz to Merge -- 7th Update
03/25/201509:52:37Warren Buffett: Kraft-Heinz Deal in Works for About 4 Weeks or...
03/25/201509:43:54Kraft Foods, H.J. Heinz to Merge -- 6th Update
03/25/201509:23:28U.S. Stock Futures Trade Little Changed

Heinz H J and other New York Stock Exchange stock quotes are delayed by at least 20 minutes.
All other stock price data is delayed by at least 15 minutes unless otherwise stated.
By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions
Contact Us | Copyright 1999-2007 ADVFN PLC. | Privacy Policy | Investment Warning | Data accreditations | Investor Relations