MARKET PULSE- Constellation Brands, US Airways, Strayer, Heinz

Thu Feb 14, 2013 12:57pm EST
 
Email This Article |
Share This Article
  • Facebook
  • LinkedIn
  • Twitter
| Print This Article | Single Page
[-] Text [+]

Feb 14 (Reuters) - Some U.S. stocks on the move on Thursday:

WALL ST ERASES EARLIER LOSSES; M&A NEWS, DATA SUPPORT

U.S. stocks erased earlier losses to trade flat by late morning on Thursday as a flurry of M&A deals and better-than-expected jobs data fed optimism to the market, although signs of economic weakness in Europe and Japan curbed appetite for risky assets.

The Dow Jones industrial average was down 1.20 points, or 0.01 percent, at 13,981.71. The Standard & Poor's 500 Index was up 0.03 points, or 0.00 percent, at 1,520.36. The Nasdaq Composite Index was down 2.65 points, or 0.08 percent, at 3,194.23.

** H.J. HEINZ CO, $72.51, up 19 pct (1155 ET)

Warren Buffett's Berkshire Hathaway and 3G Capital will buy ketchup maker H.J. Heinz Co for $72.50 a share, or $23.2 billion in cash, Heinz said on Thursday.   Continued...