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View Full Version : Heinz Says Profit Rose on Higher Sales, Reiterates Forecast - Bloomberg



NewsWhore
11-21-2008, 08:10 AM
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Heinz Says Profit Rose on Higher Sales, Reiterates Forecast (http://news.google.com/news/url?sa=T&ct=us/2-0&fd=R&url=http://www.bloomberg.com/apps/news%3Fpid%3D20601103%26sid%3DaBj.tSdzkgR8%26refer%3Dus&cid=0&ei=n7UmSbPJDpDmyATe1fRQ&usg=AFQjCNFiBT5sAO2Op_flIwhZ4joRXz_lzg)
Bloomberg - 13 minutes ago
Heinz countered some of the expenses through purchases of currency hedges, which allowed the company to lock in the rate of foreign exchange ahead of time.


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