Source Pravda.Ru

Heinz States Lower Income Results

New advertising campaign does not necessary boost sales, considering the example of Heinz.

H.J. Heinz Co. says its second-quarter revenue slipped 16 % from last year as the company's results were hurt by currency shifts.

But Heinz, like most food companies, has benefited during the recession from consumers eating at home more often, raising  sales rates.

Heinz also considerably improved its full-year earnings guidance.

The maker of Heinz Ketchup, Ore-Ida french fries and other food products earned $231.4 million, or 73 cents per share. That's down from $276.7 million, or 87 cents per share, a year earlier.

Sales rose 2 % to $2.67 billion.

The results topped analysts' forecast for profit of 69 cents per share on revenue of $2.63 billion, according to the Associated Press' observation.

The co-author of this disaster is the Dutch government, which did not find either strength or desire to save the lives of its citizens who were flying on that plane. The Dutch authorities did not demand Ukraine to comply with international aviation regulations

Blame MH17 on Russia: International investigation turns into demonic circus

The co-author of this disaster is the Dutch government, which did not find either strength or desire to save the lives of its citizens who were flying on that plane. The Dutch authorities did not demand Ukraine to comply with international aviation regulations

Blame MH17 on Russia: International investigation turns into demonic circus

On the second day of the St. Petersburg International Economic Forum, a plenary meeting was held, in which Russian President Vladimir Putin, French President Emmanuel Macron, Japanese Prime Minister Shinzo Abe, Chinese Vice President Wang Qishan and IMF head Christine Lagarde took part

World leaders unite with Russia at St. Petersburg International Economic Forum