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Buffett calls purchasing Heinz 'no-brainer' in latest shareholder letter
2015-03-02 19:02:37| Food - Topix.net
When Warren Buffet was approached by 3G Capital to join the Brazilian private equity firm in purchasing Pittsburgh-based H.J. Heinz Co. , it was, in his words, a no-brainer.
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Heinz gives ketchup a kick with sriracha
2015-02-10 22:31:08| Food - Topix.net
H.J. Heinz Company said that its new sriracha product "comes in the familiar upside-down 14-ounce plastic squeeze bottle featuring a green and red label" and will be available in WalMart, Target, and other retailers. The suggested retail price is $2.69.
Heinz launches ketchup flavored with Thai hot sauce Sriracha
2015-02-09 19:22:56| Food - Topix.net
H.J. Heinz said Monday it is launching a new ketchup flavor that includes the popular red Thai hot sauce Sriracha. The Pittsburgh-based company said it will start selling a ketchup blended with Sriracha flavor this month.
Heinz wins Cedar Point contract; Uber CEO will not face subpoena; Judge OKs Alcoa settlement
2015-01-29 08:34:48| Food - Topix.net
Pittsburgh food company H.J. Heinz has a five-year deal to be the exclusive supplier of ketchup, mustard, relish and mayonnaise for Sandusky, Ohio-based Cedar Fair Entertainment Co., which operates 11 amusement parks including Cedar Point in Sandusky. A request by the Pennsylvania Public Utility Commission's bureau of investigation and enforcement to subpoena Uber CEO Travis Kalanick and compel him to testify about aspects of the company's activity in Pennsylvania has been denied by two administrative law judges.
Mediation fails in lawsuit alleging Heinz stole idea for Dip &...
2015-01-26 08:19:55| Food - Topix.net
Attempts to use mediation to resolve a lawsuit alleging that Heinz stole the idea for its Dip & Squeeze ketchup packs have failed, with the case now likely to go to trial. Plaintiff David Wawrzynski claims that he presented his idea for a dual-opening packet dubbed 'the Little Dipper' to Heinz in April 2008, and was asked to develop samples and marketing ideas for focus groups, but that communications " mysteriously and abruptly" stopped in October 2009.
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