MarketFoolery: 02.14.2013
MarketFoolery
The Motley Fool
4.7 • 1.7K Ratings
🗓️ 14 February 2013
⏱️ 19 minutes
🧾️ Download transcript
Summary
Berkshire Hathaway and 3G Capital team up to buy Heinz. US Airways and American Airlines make their merger official. And shares of Whole Foods slide on earnings.
Transcript
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| 0:00.0 | It's Thursday February 14th. |
| 0:04.0 | Welcome to Market Fullry. |
| 0:05.0 | I'm Cressel joining me in studio today from Motley Full 1, |
| 0:08.0 | Jason Moser and for Motley Full Hidden Gems, Chief Investment Officer Andy Cross. |
| 0:11.0 | Happy Valentine's Day guys. Happy Valentine's Day guys. |
| 0:12.7 | Happy Valentine's Day. |
| 0:14.7 | Fested in my pink. |
| 0:15.7 | Yeah, you're wearing the pink. |
| 0:17.3 | My girls noticed it this morning actually. |
| 0:18.9 | They were like, did you wear that because it was Valentine's Day? |
| 0:20.8 | I said, no, but yeah, I mean, yeah I said no but now I am. |
| 0:23.0 | No, see that's when you lie to your kids. You're like yeah |
| 0:25.1 | early in the morning I had not had my coffee yet. I was a little bit more alert I could |
| 0:28.5 | have probably gotten away with it. All right let's soldier on we've got a huge |
| 0:32.3 | airline merger we could start soldier on we've got a huge airline merger we could |
| 0:33.4 | start with that we've we've got Whole Foods earnings we could start with that but as |
| 0:37.2 | the great Tony Korniser says I'm gonna borrow from his phrase every once in a |
| 0:42.1 | while the business news fairy drops something in I'm going to borrow from his phrase. Every once in a while, the Business News Ferry |
| 0:44.2 | dropped something in your lap. |
| 0:45.9 | And this morning, the Business News Ferry |
| 0:48.4 | dropped the news that Berkshire Hathaway and 3G Capital |
| 0:52.0 | are buying Heinz outright for more than $23 billion in cash. |
... |
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