Heinz Reports 12.6 percent Rise in Third-quarter Sales
Submitted by Aaron Ross on Thu, 02/25/2010 - 23:10H. J. Heinz Co reported a 12.6 percent surge in its quarterly sales, triggered by higher marketing spending, strength in emerging markets and new products in the United States.
In addition, the company posted its quarterly profit slightly above the amount it forecast just a week ago in a meeting with analysts.
Heinz baby cereal recall
Submitted by Jason Ramsey on Sun, 12/13/2009 - 07:31The Canadian Food Inspection Agency and Heinz Canada are warning the public that Heinz Mixed Cereal for babies should not be consumed as the baby food contains a possible carcinogen.
Heinz is recalling several lots of mixed baby cereal because it contains high levels of a toxin produced by fungus called Ochratoxin A.
Decline in Quarterly Profits Reported by Heinz, Optimistic about Complete Year Earnings
Submitted by Dominic Haber on Tue, 11/24/2009 - 17:31Maker of ketchup, Smart Ones frozen entrees and Ore-Ida potatoes, H.J. Heinz Co. posted earnings report for the second quarter up-to October 28, which revealed a decline in profits.
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