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Old 02-28-2005, 11:20 AM
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Lord Brar Lord Brar is offline
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Profits fall at Heinz

Profit of the Ketchup maker H.J. Heinz Co. fell to $152.4 million, or 43 cents a share, in the fiscal third quarter ended. Jan 26, from $202 million, or 57 cents a share, a year earlier.

Higher fuel and materials costs and a write-down of its investment in Hain Celestial Group Inc. were blamed for the fall in profit.

Read this story at Money.com
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