Topic: H.J. Heinz Company
At Berkshire Hathaway Inc's annual meeting, investors acknowledged the company's fastest-growing days have probably passed. But shareholders say they are still confident with Warren Buffett and his hand-picked management team at the helm.
Stocks ended roughly where they started Thursday as European economic woes eclipsed a promising US jobs report. After a strong start, stocks have drifted sideways over the previous week with few major events to sway investors.
Stocks rise as US revises upward its estimate of GDP growth from 1.5 to 1.7 percent. Among big stock movers, WellPoint climbs 8 percent; Heinz falls 2 percent.
The Dow gained 25 points to close at 11796 as investors balanced positive signs for the US economy with a looming deadline for Congress' deficit super committee