HJ Heinz reports drop in quarterly profit
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CHICAGO - Ketchup maker HJ Heinz Co. Tuesday reported a 9 percent drop in quarterly profit after spinning off some brands, but demand for new items like Ore-Ida Extra Crispy fries helped to boost sales.
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PITTSBURGH  â United States Steel reported substantially lower fourth-quarter profits on Tuesday, as acquisition costs, European job cuts and lower prices weighed down results.
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J. C. Penney reported better-than-expected fourth-quarter earnings but its shares fell sharply after it forecast first-quarter profit below Wall Street estimates.
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Home Depot Inc. , the world's  largest home improvement retailer, reported lower  fourth-quarter profit on Tuesday as the weak U.S. housing  market hurt sales at its retail stores, which declined 2  percent.
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The newspaper publisher and television station operator said fourth-quarter profit dropped 70 percent, hurt by a write-down and less political advertising revenue.
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H.J. Heinz Co. HNZ.N on Thursday   posted a greater-than-expected 23 percent rise in quarterly   profit, lifted by increased prices and sales of new ketchup and   soup products.
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Kimberly-Clark Corp. KMB.N, the  maker of Kleenex tissues, said on Monday its quarterly net  profit slipped, weighed down by higher pulp and resin prices  and the costs of spinning off a business.
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Conglomerate Tyco International Ltd.  , which is in the process of splitting into three  companies, on Thursday reported lower quarterly profit, citing  high raw material prices and weaker results in its health care  division.
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The newspaper publisher and television station operator said third-quarter profit fell to $2.5 million as ad revenue slumped.
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Family Dollar Stores Inc  said on Tuesday quarterly profit fell as sales at older stores declined and customers cut their discretionary spending.
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Ketchup maker H.J. Heinz Co. HNZ.N on   Thursday posted a greater-than-expected 23 percent increase in   quarterly profit, lifted by sales of new products and increased   prices.
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PepsiCo Inc  reported lower quarterly profit on Thursday, hurt by a higher tax rate and a decline in sales volume of carbonated soft drinks.
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Home Depot Inc. , the world's largest home improvement retailer, posted a 28 percent drop in fourth-quarter profit on Tuesday as the weak U.S. housing market depressed sales.
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H.J. Heinz Co  posted a higher quarterly profit on Friday and said it expects full-year profits to be near the top of its forecast range, helped by new products, the weak dollar and stepped-up marketing.
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Hershey Co  on Thursday posted a sharp drop in quarterly profit, hurt by sluggish sales, restructuring charges and soaring costs for ingredients.
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HJ Heinz Co., the maker of ketchup and other foods, reported its first-quarter earnings fell 9 percent from results a year ago when its profits were boosted by the sale of some of its businesses to Del Monte.
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Krispy Kreme Doughnuts Inc.KKD.N on  Thursday reported a sharp drop in quarterly profit and signaled  that business may not recover anytime soon, sending its shares  down more than 17 percent in pre-market trading.