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 ...
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
We have a stronger dollar? Who knew?
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.
Dubbya Ketchup took a big bite out Jacques Kerry arse...
Who does, Bunny Slippers, who does? By the Way did you Know that Heinz makes ketchup in Canada and other places around the globe?
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?
Heinz need to change their name for a while to something like: "Heinz doesn't support JF'nKerry".
Who does? You said you did. And, yes, check my bio.
Well, check # 26.
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.
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.
In Indiana we have our own home grown ketchup and tomato products, "Red Gold"!
See # 26
The ports wouldn't have been a big deal if we believed that Bush was at all strong on securing the borders.
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.
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!
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
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.