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H.J. Heinz

A collection of news and information related to H.J. Heinz published by this site and its partners.

Top H.J. Heinz Articles

Displaying items 12-22
  • Kraft first-quarter profit falls more than 16 percent

    Kraft first-quarter profit falls more than 16 percent
    Kraft Foods Group’s first-quarter profit fell more than 16 percent on flat sales as it waits to be acquired by H.J. Heinz. Heinz announced its plan to buy Kraft on March 25, a move that would give the ketchup maker the chance to grow its list of...
  • Heinz CEO's message to Kraft: We need to learn from each other

    Heinz CEO's message to Kraft: We need to learn from each other
    H.J. Heinz CEO Bernardo Hees, who is set to become the CEO of Kraft Heinz when the multibillion-dollar food merger closes, was at Kraft's Illinois headquarters last week checking out the business his company is buying. In a video issued to Kraft...
  • Justin Fox: Kraft was global, then it wasn't. Now it tries again

    Justin Fox: Kraft was global, then it wasn't. Now it tries again
    As you may have heard, those smart people at 3G Capital have this really brilliant idea for jump-starting growth at Kraft, part of what henceforth will be called Kraft Heinz (but should be called Heinzkraft): globalization! Kraft gets 98 percent of its...
  • Heinz's appetite grows with deal to acquire Kraft

    Heinz's appetite grows with deal to acquire Kraft
    H.J. Heinz is buying Kraft Foods in a deal that gives Kraft the chance to bring its iconic American foods to international markets while boosting Heinz's sales in the U.S. The acquisition, announced Wednesday with backing from Heinz owners Berkshire...
  • HJ Heinz buying Kraft and building a $28 billion food giant

    H.J. Heinz Co. is buying Kraft Foods, creating one of the largest food and beverage companies in the world with annual revenue of about $28 billion. The Kraft Heinz Co. will own Kraft, Heinz, Oscar Mayer, Ore-Ida and large stable of other brands....
  • Heinz buying Kraft in deal to create food giant

    Heinz buying Kraft in deal to create food giant
    H.J. Heinz is buying Northfield-based Kraft Foods, creating what the companies say will be the third-largest food and beverage company in North America. According to Kraft, the company will be co-headquartered in the Chicago area and Pittsburgh. The...
  • Heinz releases Sriracha ketchup. Are you freaking out?

    Heinz releases Sriracha ketchup. Are you freaking out?
    If you're a Sriracha fanatic, chances are you add the fiery chile sauce to your ketchup, to Ranch dressing, to mayonnaise, even chocolate bars (thank you, Roy Choi).  And now, Heinz is doing the work for you. The Pittsburgh condiment company has...
  • Eric Cantor latest politician to move to Wall Street

    Eric Cantor latest politician to move to Wall Street
    Former House Majority Leader Eric Cantor became the latest politician to move to Wall Street, taking a high-paying job at investment bank Moelis & Co. and boosting the profile of the boutique firm founded in Century City. Cantor, 51, who resigned last...
  • Rainforest Action Network to PepsiCo, General Mills: Stop killing orangutans

    The Rainforest Action Network, an organization that campaigns for the world's rain forests, is on a mission to rid your snack food of what it calls "conflict palm oil." And it's naming some of America's most popular snack food companies, including Pepsi,...
  • Burger King beats forecasts as McDonald's drops Heinz

    Burger King beats forecasts as McDonald's drops Heinz
    Burger King stock was on the upswing Monday after the fast-food company said its profit surged nearly 33% in the third quarter, beating predictions from Wall Street. The Miami-based company said its adjusted net income soared to $81.1 million, or 23...
  • L.A. investment bank Moelis & Co. files for IPO

    L.A. investment bank Moelis & Co. files for IPO
    Moelis & Co., a boutique Los Angeles investment bank, filed for an initial public offering, seeking to capitalize on the soaring stock market and a recent pickup in corporate mergers. The firm was founded in 2007 by Ken Moelis, a longtime Southern...