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Heinz profits up in third quarter

2014-11-08 00:33:39| Food - Topix.net

H.J. Heinz today reported a third quarter profit as benefits from cost-cutting initiatives overcame a 2 percent drop in sales. The Pittsburgh food products giant reported net income of $171.6 million on sales of $2.59 billion vs. a loss of $11.8 million and sales of $2.65 billion in the year-ago quarter.

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