Heinz quarterly profit soars; beats forecast
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Ketchup maker H.J. Heinz Co.  on Tuesday said quarterly profit soared nearly 90 percent, helped by new products, increased marketing and improvement in its international business.
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Germany&#39;s Bayer has reported second-quarter profit that has beaten average forecasts thanks to a strong showing at agrochemicals, chemicals and polymers.
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The beer, wine and spirits company posted a quarterly profit far above Wall Street estimates, sending its shares up sharply.
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Sysco Corp. , the largest U.S.  distributor of food to restaurants and hospitals, on Monday  said quarterly profit rose as an extra week in the period and  acquisitions helped offset the effects of higher food prices.
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Kroger Co. KR.N, the top U.S.  grocer, on Tuesday said quarterly profit rose 29 percent as it  kept a tight rein on expenses and sales rebounded.
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Ketchup maker HJ Heinz Co. (HNZ.N: Quote, Profile, Research) on Tuesday said quarterly profit rose 7.8 percent, excluding a year-earlier tax benefit, as demand for new products
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The company's fourth-quarter earnings beat analyst expectations.
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Volkswagen AG , the world's fourth-largest carmaker, reported a better-than-expected full-year operating profit on Tuesday and forecast a further improvement this year, sending its shares sharply higher.
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Swedish aviation and defence group Saab said Friday its second-quarter profit soared by 45 percent, exceeding analysts&#39; expectations, owing to strong sales despite a plunge in orders.
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H.J. Heinz Co. , locked in a  proxy battle over board seats, on Wednesday said sales in its  just-ended fiscal quarter rose more than 7 percent, driven by  new products and strong marketing.
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Kroger Co. KR.N, the largest U.S.   grocery chain, posted a higher quarterly profit on Tuesday,   aided by cost cuts and sales growth.
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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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Kroger Co.  said on Tuesday that quarterly profit rose 15.8 percent and raised its 2006 earnings view, sending its shares to their highest level in five years, as the grocery chain benefited from lower prices and a better selection of products such as fresh produce.
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Kellogg Co. K.N, the world's  largest cereal maker, on Monday reported a quarterly profit  that exceeded Wall Street estimates and raised its full-year  earnings outlook, helped by strong sales of new products.
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Hormel Foods Corp.  on Wednesday reported a quarterly profit that was little changed from a year earlier, but topped Wall Street's estimates by a penny as strong demand for pork and turkey offset higher expenses.
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The home furnishings retailer reported quarterly profit of $25.97 million on an improvement at its Pottery Barn chain, sending its shares up as much as 11 percent.
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Kroger Co. , the largest U.S. grocery chain, posted a higher quarterly profit on Tuesday, as remodeled stores and improved perishable goods attracted shoppers.