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In 2007, Pinnacle Foods was acquired by the Blackstone Group, a New York City-based private equity firm. [3] In 2013, Pinnacle Foods' Parsippany office was named Inc. Magazine's "World's Coolest Office." [4] That year, Pinnacle Foods had its IPO on the New York Stock Exchange, raising approximately $580 million for its owners, the private ...
Here's where US indexes stood shortly after the 9:30 a.m. opening bell on Thursday: S&P 500: 5,873.45, up 0.53%. Dow Jones Industrial Average: 43,279.21, up 0.47% (+201.51 points) Nasdaq composite ...
Get breaking Business News and the latest corporate happenings from AOL. From analysts' forecasts to crude oil updates to everything impacting the stock market, it can all be found here.
Spencer Platt/Getty. US stocks were mostly lower on Monday, pulling back from last week's record highs. Investors are turning their attention to third-quarter earnings season, with 21% of S&P 500 ...
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US stocks were mixed on Monday as investors await a wave of third-quarter earnings results this week. More than 40 S&P 500 companies are set to report results this week, including Netflix, Morgan ...
On June 30, 2014, it was announced that Pinnacle Foods had scrapped its sale to Hillshire Brands, which would allow Hillshire to be acquired by Tyson Foods.Pinnacle would receive a $163 million payment as part of the breakup from Hillshire, and Pinnacle would also receive an expected $25 million in one-time costs connected to the nixed sale.
The stock market gains over the past week-and-a-half have come amid better-than-expected economic data and earnings results, highlighted by July's retail sales data and Walmart's second-quarter ...