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	<title>Stock Blog Hub &#187; HJ Heinz Company</title>
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		<title>(HNZ) Heinz Reaffirms Guidance</title>
		<link>http://www.stockbloghub.com/2009/08/20/hnz-heinz-reaffirms-guidance/13003</link>
		<comments>http://www.stockbloghub.com/2009/08/20/hnz-heinz-reaffirms-guidance/13003#comments</comments>
		<pubDate>Fri, 21 Aug 2009 03:25:15 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Consumer Goods]]></category>
		<category><![CDATA[Food - Major Diversified]]></category>
		<category><![CDATA[HJ Heinz Company]]></category>
		<category><![CDATA[HNZ]]></category>

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		<description><![CDATA[Heinz (HNZ) reported modest results for the first quarter with earnings of 67 cents per share, which was 5 cents above the Zacks Consensus Estimate of 62 cents. However, earnings were down 6.9% year over year. Quarterly net sales fell 4.5% year over year to $2.47 billion, primarily attributable to a 9% unfavorable impact from foreign exchange and a 4.3% drop in volume. The declines were partially offset by a 6% gain from pricing and a 2.9% benefit from divestitures. The current economic weakness reduced the overall product demand and hurt the top line. Organic sales, excluding the impact of foreign exchange, grew 1.7% during the quarter. The North American Consumer Products segment reported a 1.9% drop in sales as volumes fell 4.9%. The decline was attributable to lower promotional ]]></description>
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		<title>(HPQ) Stock Market News for August 20, 2009 &#8211; Market News</title>
		<link>http://www.stockbloghub.com/2009/08/20/hpq-stock-market-news-for-august-20-2009-market-news/12863</link>
		<comments>http://www.stockbloghub.com/2009/08/20/hpq-stock-market-news-for-august-20-2009-market-news/12863#comments</comments>
		<pubDate>Thu, 20 Aug 2009 17:34:30 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Diversified Computer Systems]]></category>
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		<category><![CDATA[Hewlett-Packard Company]]></category>
		<category><![CDATA[HJ Heinz Company]]></category>
		<category><![CDATA[HNZ]]></category>
		<category><![CDATA[Hormel Foods Corp.]]></category>
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		<description><![CDATA[A sharp rebound in Chinese shares helped erase yesterday’s slump and sent Asian stocks sharply higher Thursday, a day after Shanghai’s big fall ignited fears of a Chinese stock collapse and triggered a selling spree around the world.  Asian markets also drew comfort from an overnight recovery on Wall Street after a surprise drop in U.S. crude stockpiles lifted hopes for an economic recovery and sent investors back on the buying table. Shanghai&#8217;s main index jumped 126 points, or 4.5%, to 2,911.58, while Japan&#8217;s Nikkei 225 stock average climbed 179.41 points, or 1.8%, to 10,383.41.  Hong Kong&#8217;s Hang Seng rose 374.63, or 2%, to 20,336.36.  South Korea’s Kospi advanced 2% to 1,576.39. Stock futures pointed to a higher open on Wall Street Thursday.  Dow Jones industrial average futures rose 24, ]]></description>
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