Burger King Holdings Inc (NYSE:BKC) is in talks regarding a buyout with investment firm 3G Capital according to the The New York Times on Wednesday. The shares were up 15%, the most in more than four years.

The New York Times reported the talks with New York-based 3G earlier today.

Burger King, second hamburger chain to McDonalds (NYSE: MCD), shares had posted a year-to-date loss of nearly 13 percent as of Tuesday’s market close, while McDonald’s shares increased 17 percent in the same period.

Janney Capital Markets’ analyst Mark Kalinowski said in a statement  “We would view this as an excellent opportunity for investors who have been in the shares to cut their losses (or take some modest gains, depending on when shares were bought),” “At this point in Burger King’s history, it may be better off out of the public eye to solve some of the big challenges it faces.”

Neither Burger King or 3G Capital will confirm or deny a buyout.

Burger King shares were up $2.41, or 15 percent, the highest since 2006.

H.J. Heinz Co. (NYSE: HNZ) said on Wednesday that its first-quarter net income increased 13 percent as business emerged over and strong sales of pantry items such as ketchup and Classico pasta sauces.

Heinz announced early Wednesday that it earned $240.4 million, or 75 cents per share, for the most recent quarter. That’s up from $212.6 million, or 67 cents per share, a year prior. Revenue for Heinz was up 1.6 percent to $2.48 billion.

Analysts surveyed by Thomson Reuters expected the company to earn 73 cents per share, which it had surpassed. But Heinz came in short, only earning $2.48 Billion for revenue, analysts predicted $2.53 Billion.

The company gained volume in North America but its results were lacking due to high discounting of products. North America prices dropped 2.7% even though the company had an increase in promotions. During the Summer. Walmart had Heinz Ketchup at $1 which may have helped increase the companies volume the past few months.

In the Heinz’s Asia/Pacific region, sales were up  19 percent to $558 million and volume jumped approximately 7 percent. Revenue rose 4.8 percent to $762 million while volume increased 5.3 percent as consumers bought more ketchup, pasta sauces and frozen entrees in North America.

Shares of Heinz were down 11 cents to $46.13 this morning.

Shares of Skilled Healthcare Group Inc.’s (NYSE: SKH) stock surged on Tuesday after it said it was in talks of a settlement over alleged safety violations.

Shares of Skilled Healthcare jumped 62 cents, or 25.1%, to $3.09 after the company said in a statement that settlement discussions continue as court proceedings in California were postponed until Thursday Sept. 2.

Yesterday Humboldt County Superior Court Judge Bruce Watson denied Skilled’s motion for a mistrial over a July jury verdict that found Skilled liable for $677 million in damages for alleged mismanagement of 22 California nursing facilities.

Investor Analysts expect there to be a settlement because if Skilled Healthcare is forced to file bankruptcy, it will be a long time before the plaintiffs collect any money.

Saks Inc. (NYSE: SKS) shares were up 34% on Tuesday after a British newspaper U.K.’s Daily Mail said the company could soon get a buyout offer of $1.7 billion.

The Daily Mail, reported on Tuesday that a private-equity consortium has been pursuing the acquisition of Saks for months and is near completion of its due diligence and is preparing its offer to Saks for $11 per share, or $1.7 Billion.

On Monday, Shares of Saks Inc. had reached a six-month low, the shares jumped 24% after the news was released.

The rumors come as Saks., the luxury retailer, has seen results improve on increased demand for higher end products. Saks stated early in the month that its second-quarter loss decreased from rebounding sales and rising margins.

Spokeswoman for Saks said the company doesn’t comment on rumors or speculation.

Shares of Saks were up $1.72, or 26 percent, to $8.32.