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H.J. Heinz Co. on Tuesday posted a 23 percent drop in net profit
yahoo news ^ | Feb 28,2006

Posted on 02/28/2006 5:40:57 PM PST by AmericanMade1776

A variety of Heinz products are seen at a convenience store in Golden, Colorado February 28, 2006. H.J. Heinz Co. on Tuesday posted a 23 percent drop in net profit, and fell short of Wall Street estimates, as its tax rate rose and the stronger dollar cut into the value of overseas sales. REUTERS/Rick Wilking


(Excerpt) Read more at news.yahoo.com ...


TOPICS: Heated Discussion
KEYWORDS: heinz; hjheinz
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1 posted on 02/28/2006 5:41:00 PM PST by AmericanMade1776
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To: AmericanMade1776

Does this mean that Jaques and Teeeereeezaaa Querri are going to have to hold off on buying another mansion or jet?


2 posted on 02/28/2006 5:42:20 PM PST by wagglebee ("We are ready for the greatest achievements in the history of freedom." -- President Bush, 1/20/05)
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To: AmericanMade1776

I KNEW if I bought 2 cases of "W" ketchup I'd bring 'em to their knees!


3 posted on 02/28/2006 5:43:25 PM PST by Migraine
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To: wagglebee
It means we will see John Kerry like this a whole lot more


4 posted on 02/28/2006 5:44:14 PM PST by AmericanMade1776
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To: AmericanMade1776

Good. I don't by Heinz anymore. For those of you in the Midwest, Braums Ketchup is fantastic.


5 posted on 02/28/2006 5:44:21 PM PST by Rodney King (No, we can't all just get along.)
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To: AmericanMade1776

Great news, the political hack skeery will not be able to afford those $600 pompador haircuts that makes his head look like a horse with a ageing cupie doll wig...


6 posted on 02/28/2006 5:44:21 PM PST by brainstem223
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To: Migraine

Never underestimate the power of the "little guy"


7 posted on 02/28/2006 5:44:53 PM PST by AmericanMade1776
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To: wagglebee
Image hosting by Photobucket
8 posted on 02/28/2006 5:45:13 PM PST by digger48
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To: AmericanMade1776

I stopped buying Heinz too.

BTTT


9 posted on 02/28/2006 5:46:19 PM PST by Dr. Scarpetta (There's always a reason to choose life.)
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To: digger48

john kerrie walk into a bar ...

Bartender :" Hey, I think I know why the long face !"


10 posted on 02/28/2006 5:47:36 PM PST by daku (Islam , a religion of peace ... Liar liar, France on fire)
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To: AmericanMade1776
"We're kinda sad about this, too"....

Image hosting by Photobucket

11 posted on 02/28/2006 5:48:14 PM PST by digger48
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To: AmericanMade1776

12 posted on 02/28/2006 5:49:13 PM PST by wagglebee ("We are ready for the greatest achievements in the history of freedom." -- President Bush, 1/20/05)
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Does this mean the federal government will have to bail out JOhn KErry's wife?


13 posted on 02/28/2006 5:49:19 PM PST by redlenses
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To: AmericanMade1776

Frankly I don't see anything to cheer about. American company (of which Terezzzazza owns a mini amount of) is having a hard time keeping its head above water. I don't see what the fun is about.


14 posted on 02/28/2006 5:49:49 PM PST by BunnySlippers
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To: BunnySlippers

Odd...I do!


15 posted on 02/28/2006 5:51:10 PM PST by AmericanMade1776
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To: All

For the life of me, I can't find it. But some perceptive FReeper posted an article that shows explicitly that Commie boy and his wife no longer own any part of Heinz and that Heinz supports Republicans and the PResident's reelection.

This is far from good news. Heinz is a good company with a great product.


16 posted on 02/28/2006 5:52:18 PM PST by Killborn (Pres. Bush isn't Pres. Reagan. Then again, Pres. Regan isn't Pres. Washington. God bless them all.)
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To: AmericanMade1776

17 posted on 02/28/2006 5:52:46 PM PST by Paleo Conservative
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To: AmericanMade1776

Well, some people cheer that American businesses go down the drain. Lucky you are one! Smirk! Some Freeper are clueless that money and the stockmarket makes the USA go round.


18 posted on 02/28/2006 5:54:18 PM PST by BunnySlippers
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To: Dr. Scarpetta

I just looked it up - nobody named Heinz or foundation owns notable Heinz stock.

http://finance.yahoo.com/q/mh?s=HNZ


19 posted on 02/28/2006 5:55:04 PM PST by gondramB (Render unto Caesar that which is Caesar's and unto God that which is God's.)
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To: AmericanMade1776

Somebody found curly hairs in the bottom of their ketchup.


20 posted on 02/28/2006 5:55:48 PM PST by johniegrad
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To: BunnySlippers

Bunny, get a grip, you don't know me, you don't know my sense of humor and you do not know what is in my stock portfolio


21 posted on 02/28/2006 5:55:56 PM PST by AmericanMade1776
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To: AmericanMade1776

We have a stronger dollar? Who knew?


22 posted on 02/28/2006 5:57:18 PM PST by thoughtomator (I understand Democrats' impatience; If Kerry were President, Iran would have nuked Israel by now)
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To: AmericanMade1776

You forgot the smiley. I don't like to see American business and jobs go down the drain. All I know is you felt compelled to say you were overjoyed.


23 posted on 02/28/2006 5:57:43 PM PST by BunnySlippers
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To: wagglebee

Dubbya Ketchup took a big bite out Jacques Kerry arse...


24 posted on 02/28/2006 5:58:22 PM PST by Cinnamon
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To: BunnySlippers

Who does, Bunny Slippers, who does? By the Way did you Know that Heinz makes ketchup in Canada and other places around the globe?


25 posted on 02/28/2006 5:59:39 PM PST by AmericanMade1776
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To: Killborn

Much like the port deal, people attack with little information. TH and JK have nothing to do with the operation of the company. Nothing nana zilch. Celebrating the fact that they are losing money is mystifying.

"Teresa Heinz Kerry does not "own the Heinz Corporation" — she has no involvement whatsoever with the management or operations of the H.J. Heinz Company, nor does she own anything close to a controlling interest of the company's stock. According to Heinz itself, the Heinz family trust which Mrs. Kerry inherited sold most of its shares of Heinz stock back in 1995 and currently holds less than a 4% interest in the company"

http://www.snopes.com/politics/kerry/heinz.asp

Also, H. John Heinz III T's husband before kerry was a solid repub.

http://www.library.cmu.edu/Research/Archives/Heinz/HJH_Bio.html#poli

What's to celebrate?


26 posted on 02/28/2006 5:59:41 PM PST by JNL
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To: BunnySlippers

Heinz need to change their name for a while to something like: "Heinz doesn't support JF'nKerry".


27 posted on 02/28/2006 5:59:55 PM PST by Paladin2 (If the political indictment's from Fitz, the jury always acquits.)
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To: AmericanMade1776

Who does? You said you did. And, yes, check my bio.


28 posted on 02/28/2006 6:01:43 PM PST by BunnySlippers
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To: Paladin2

Well, check # 26.


29 posted on 02/28/2006 6:02:42 PM PST by BunnySlippers
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To: BunnySlippers

Anything that guts the bloated finances of demonrats is something to cheer about. Other ketchup and pickle companies will be more than happy to take up the slack. I have boycotted hienz from then to the end of my life.


30 posted on 02/28/2006 6:03:00 PM PST by brainstem223
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To: JNL

This misconception has been around since the 04 elections. I didn't bring up the obvious issue because I don't want to ignite a flame war. But yes, this is exactly like the ports non-issue.


31 posted on 02/28/2006 6:03:02 PM PST by Killborn (Pres. Bush isn't Pres. Reagan. Then again, Pres. Regan isn't Pres. Washington. God bless them all.)
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To: Rodney King
Good. I don't by Heinz anymore. For those of you in the Midwest, Braums Ketchup is fantastic.

In Indiana we have our own home grown ketchup and tomato products, "Red Gold"!

32 posted on 02/28/2006 6:03:48 PM PST by sausageseller (Look out for the jackbooted spelling police. There! Everywhere!(revised cause the "man" accosted me!)
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To: AmericanMade1776

33 posted on 02/28/2006 6:03:50 PM PST by Doogle (USAF...8thAF...4077th TFW...408th MMS...Ubon Thailand..."69"..Night Line Delivery,AMMO)
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To: brainstem223

See # 26


34 posted on 02/28/2006 6:04:39 PM PST by BunnySlippers
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To: Killborn

The ports wouldn't have been a big deal if we believed that Bush was at all strong on securing the borders.


35 posted on 02/28/2006 6:05:43 PM PST by Paladin2 (If the political indictment's from Fitz, the jury always acquits.)
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To: JNL
They didn't come out and distance themselves from the HeinzKerrys. They gambled and are now losing!
36 posted on 02/28/2006 6:05:54 PM PST by sausageseller (Look out for the jackbooted spelling police. There! Everywhere!(revised cause the "man" accosted me!)
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To: AmericanMade1776

I can't imagine anyone that wants gravy would want something in a jar. Gravy should be made out of what didn't make it to the meat platter.


37 posted on 02/28/2006 6:06:05 PM PST by IamConservative (Who does not trust a man of principle? A man who has none.)
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To: AmericanMade1776
Because YOU and the other cheerers, have NO idea what the facts are!

You aren't "hurting" Terry and Kerry, but not buying Heinz products, the fact that Heinz is doing poorly, now, doesn't do a thing to Terry&Kerry!

38 posted on 02/28/2006 6:06:16 PM PST by nopardons
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To: BunnySlippers

Teresa Heinz is the life estate beneficiary or outright beneficiary of her husband's trusts, making her either extremely wealthy in her own name, or powerful as a trustee of Heinz family wealth. Sen. Kerry is wealthy in his own right, though not to the same degree, since he became a trust fund beneficiary of his mother's and Forbes family trusts. Sen. Kerry and Teresa Heinz signed a prenuptial agreement and have kept their premarital assets separate.

To date, Teresa Heinz has declined to disclose her personal tax returns, citing family trusts and privacy. She is estimated to be worth between $750 million and $1.2 billion. According to her most recently released income tax of 2003, the Kerry and Heinz paid an effective federal income tax rate of 12%. Most of her income was derived from tax free municipal bonds, which explains the low rate.

http://en.wikipedia.org/wiki/Teresa_Heinz_Kerry#Wealth


Looks like some of that Heinz profit went to Teresa


39 posted on 02/28/2006 6:07:23 PM PST by AmericanMade1776
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To: nopardons
I thought they used Teresa when they opened Heinz Field?
40 posted on 02/28/2006 6:08:13 PM PST by sausageseller (Look out for the jackbooted spelling police. There! Everywhere!(revised cause the "man" accosted me!)
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To: Paleo Conservative
MISPLACED AND STUPIDLY SO!
41 posted on 02/28/2006 6:08:25 PM PST by nopardons
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To: Doogle

Doogle ..ha!


42 posted on 02/28/2006 6:08:41 PM PST by AmericanMade1776
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To: Cinnamon

No, actually it didn't.


43 posted on 02/28/2006 6:09:20 PM PST by nopardons
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To: JNL

The knees are JERKING on FR, yet again. :-(


44 posted on 02/28/2006 6:10:20 PM PST by nopardons
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To: AmericanMade1776

OOOOOOHHHHH! The HORROR! Kill the company and their jobs!


45 posted on 02/28/2006 6:10:43 PM PST by BunnySlippers
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To: nopardons
The knees are JERKING on FR, yet again. :-(

As per usual. With much backslapping.

46 posted on 02/28/2006 6:12:01 PM PST by BunnySlippers
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To: BunnySlippers

Glad to hear the remarks of a reasoned person.

Heinz has a plant in a city about 40 miles south of us. They employ hundreds of people and run 24/7. Just as important, probably hundreds of thousands of farmers produce the crops that go into their final product.


47 posted on 02/28/2006 6:12:12 PM PST by 2111USMC
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To: BunnySlippers

Bunny....why is it that folks who handle other peoples money , say traders, or bankers, thank they have a smug condescending attitude to others...even before they know who they are, or what they own. Just handling other peoples money does not make you superior..chill out and get a sense of humor.


48 posted on 02/28/2006 6:12:14 PM PST by AmericanMade1776
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To: brainstem223
Wrong company to boycott!

BTW...you should really boycott BOAR'SHEAD.

49 posted on 02/28/2006 6:12:56 PM PST by nopardons
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To: Paladin2
Barbra Streisand!
50 posted on 02/28/2006 6:13:42 PM PST by nopardons
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