US close: Stocks end mixed following Heinz deal

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LONDON (ShareCast) - - Warren Buffett unveils plan to take Heinz private
- US jobless data comes in above expectations

Dow Jones Industrials: -0.01%
Nasdaq Comp.: +0.02%
S&P 500: 0.1%

Thursday's big news Stateside was of course the news that business titan Warren Buffett plans to buy-out food giant Heinz.

Overall, stocks ended the day mixed, but little changed, with the Dow Jones (DJI: ^DJI - news) lower, while the S&P 500 and the Nasdaq in positive territory.

In economic news, initial weekly unemployment claims were much better-than-expected.

Heinz deal makes headlines

'It's got to be Heinz' for business titan Warren Buffet, as he and 3G Capital (OTC BB: CGHC - news) unveiled plans to take the well-known company private as part of a deal worth $28bn.

Heinz shareholders will be paid $72.50 per share - which represents a premium of 20% to the closing price on Wednesday - by Berkshire Hathaway (NYSE: BRK-A - news) , Buffett's investment company, and 3G.

The deal was unanimously approved by the board of Heinz. The share price rose significantly throughout the day.

In other news, US Airways Group agreed to an $11bn merger with AMR Corp.'s American Airlines, eliciting a negative reaction from the stock market.

Stock of chip-equipment maker Applied Materials (NasdaqGS: AMAT - news) made gains during the day after guiding higher for its second-quarter to between $1.81bn and $1.97bn.

Networking gear maker Cisco Systems (NasdaqGS: CSCO - news) , on the other hand, was weaker following the release of its own results last night.

PepsiCo (NYSE: PEP - news) released better than expected quarterly results.

Natural-foods store chain Whole Foods Market (NasdaqGS: WFM - news) plummeted after lowering its sales forecast for fiscal 2013.

Constellation Brands (NYSE: STZ - news) was flying higher after InBev offered to cede full control of Corona distribution in the US to Constellation for $2.9bn after US regulators sued to block its purchase of Grupo Modelo.

Better than expected unemployment figures

Initial weekly unemployment claims dropped by 27,000 to the 341,000 mark (Consensus: 360,000).

Other markets

Front month West Texas crude futures rose 0.4% to settle at $97.31 a barrel on NYMEX.

10-year US Treasury yields climbed by one basis point to the 1.86% level.

NR

S&P 500 - Risers
Constellation Brands Inc. Class A (STZ) $43.75 +37.23%
H. J. Heinz Co. (HNZ) $72.50 +19.87%
Alpha Natural Res (ANR) $9.67 +13.90%
First Solar Inc (Xetra: A0LEKM - news) . (FSLR) $34.92 +7.61%
Halliburton Co. (HAL) $43.32 +6.07%
Peabody Energy Corp (NYSE: BTU - news) . (BTU) $25.01 +4.51%
Nabors Industries Ltd (NYSE: NBR - news) . (NBR) $17.92 +4.43%
Best Buy Co. Inc (NYSE: BBY - news) . (BBY) $15.71 +3.90%
Big Lots Inc (NYSE: BIG - news) . (BIG) $34.76 +3.76%
Schlumberger Ltd. (SLB) $81.56 +3.73%

S&P 500 - Fallers
CenturyLink Inc (NYSE: CTL - news) . (CTL (KOSDAQ: 036170.KQ - news) ) $32.27 -22.60%
Whole Foods Market Inc. (WFM) $87.50 -9.70%
Hospira Inc (NYSE: HSP - news) . (HSP) $30.05 -7.96%
Windstream Corp. (WIN (Taiwan OTC: 3105.TWO - news) ) $9.09 -7.39%
TripAdvisor Inc (NasdaqGS: TRIP - news) . (TRIP) $43.55 -7.14%
Frontier Communications Co. (FTR) $4.24 -5.78%
Newfield Exploration Co (NYSE: NFX - news) (NFX) $28.11 -5.64%
Alexion Pharmaceuticals Inc (NasdaqGS: ALXN - news) . (ALXN) $87.63 -4.76%
Apache Corp (NYSE: APA - news) . (APA) $80.33 -4.74%
NASDAQ OMX Group Inc. (NDAQ) $30.60 -3.32%

Dow Jones I.A - Risers
Alcoa Inc (NYSE: AA - news) . (AA) $9.29 +2.09%
JP Morgan Chase (Other OTC: JFTTL - news) & Co. (JPM) $49.22 +1.11%
Travelers Company Inc. (TRV) $80.34 +0.44%
American Express Co. (AXP) $62.34 +0.39%
Procter & Gamble Co (NYSE: PG - news) . (PG) $76.78 +0.29%
Pfizer Inc (NYSE: PFE - news) . (PFE) $27.06 +0.22%
United Technologies Corp (NYSE: UTX - news) . (UTX) $89.69 +0.21%
Boeing Co (NYSE: BA - news) . (BA) $74.93 +0.20%
Johnson & Johnson (NYSE: JNJ - news) (JNJ) $75.81 +0.20%
Chevron Corp. (CVX) $115.71 +0.16%

Dow Jones I.A - Fallers
Coca-Cola Co. (KO) $36.84 -0.99%
Wal-Mart Stores Inc. (WMT) $70.82 -0.80%
E.I. du Pont de Nemours and Co. (DD) $47.23 -0.74%
Cisco Systems Inc. (CSCO) $20.99 -0.71%
McDonald's Corp. (MCD) $93.56 -0.47%
Verizon Communications Inc. (VZ) $44.33 -0.43%
AT&T Inc. (T) $35.29 -0.37%
Bank of America Corp. (BAC) $12.13 -0.33%
Caterpillar Inc (NYSE: CAT - news) . (CAT (Taiwan OTC: 4990.TWO - news) ) $96.07 -0.32%
Unitedhealth Group Inc. (UNH) $57.05 -0.31%

Nasdaq 100 - Risers
Equinix Inc (NasdaqGS: EQIX - news) . (EQIX) $225.97 +6.08%
Nuance Communications Inc (NasdaqGS: NUAN - news) . (NUAN) $19.13 +3.35%
Nvidia Corp. (NVDA) $12.73 +2.91%
Broadcom Corp (NasdaqGS: BRCM - news) . (BRCM) $34.58 +2.54%
Facebook Inc (NasdaqGS: FB - news) . (FB) $28.50 +2.12%
Altera Corp (NasdaqGS: ALTR - news) . (ALTR) $36.25 +2.03%
Activision Blizzard Inc (NasdaqGS: ATVI - news) . (ATVI) $14.00 +1.97%
Sears Holdings Corp. (SHLD) $48.46 +1.76%
Xilinx Inc (NasdaqGS: XLNX - news) . (XLNX) $38.44 +1.69%
Micron Technology Inc (NasdaqGS: MU - news) . (MU) $8.08 +1.64%

Nasdaq 100 - Fallers
Whole Foods Market Inc. (WFM) $87.50 -9.70%
Alexion Pharmaceuticals Inc. (ALXN) $87.63 -4.76%
Mondelez International Inc (NasdaqGS: MDLZ - news) . (MDLZ) $26.57 -4.25%
DIRECTV (NasdaqGS: DTV - news) (DTV) $50.21 -2.83%
Vodafone Group Plc ADS (VOD) $26.05 -2.25%
Vertex Pharmaceuticals Inc. (VRTX) $45.66 -1.76%
Liberty Global Inc (NasdaqGS: LBTYA - news) . Series A (LBTYA) $66.12 -1.37%
F5 Networks Inc (NasdaqGS: FFIV - news) . (FFIV) $100.89 -1.36%
Randgold Resources Ltd. Ads (GOLD) $89.46 -1.36%
CH Robinson Worldwide Inc (NasdaqGS: CHRW - news) (CHRW) $58.08 -1.24%