Heinz Earnings Rise On Third Quarter Beat
Heinz reported diluted third quarter earnings of 63 cents a share, up three cents from a year ago, with net income at 227.2 million up from 219.5 million. Operating income climbed to 418.1 million, and earnings topped analysts by a penny per share, while guidance targets remain 6 to 7 percent yearend growth. The Pittsburgh based company noted higher spending behind its key brands and excluded Weight Watchers classroom costs in the second quarter.
MENTIONED IN THIS ARTICLE
Pittsburgh
HJ. Heinz
Heinz
William R. Johnson
First Call
Thomson Financial
WESCO to acquire Control Corporation of America
WESCO International Inc. announces the purchase of Control Corporation of America, based in Richmond Virginia, employing 150 staff. The firm reported 1999 sales of 50 million dollars and offers electrical distribution services and engineering solutions for industrial automation systems.
MENTIONED IN THIS ARTICLE
Pittsburgh
Wesco International Inc
Control Corporation of America
Richmond
CCA
March Madness fuels sponsors in a rising marketing slam
Raleigh area businesses and national brands jockey for a share of the March Madness spotlight. Oreo creates basketball orange filling and cookie designs, while promotions offer Final Four trips and life tickets. Experts call it the era’s biggest sports marketing engine, expanding reach through ESPN and national exposure. Local shops push tournament deals as ads dribble into everyday life.
MENTIONED IN THIS ARTICLE
Raleigh
N.C
Nabisco
East Hanover
N.J
National Collegiate Athletic Association
Duke
University of North Carolina
Jay Klompmaker
University of North Carolina At Chapel Hill
Indianapolis
Michael Jordan
New Orleans
UNC
NCAA
Pepsi
Mountain Dew
Kraft
Oreo
Sears
John Sweeney
Mike Ganey
Howard, Merrell & Partners
ACC
Carolinas
Virginia
Georgia
ESPN
Mark Cabot
Carolina Tiffany
Scripps Howard News Service
Ridge highlights push to lure firms with incentives
Harrisburg AP Gov. Ridge showcased a British firm plan to open two Pennsylvania facilities as part of his economic development push. Martin-Baker Aircraft Co. Ltd. will seek incentives including grants and loans, while other big projects like Lucent Technologies, Hershey Foods, and Ingram Micro received tax credits, road work, and loans to create 2,100 plus jobs in Lehigh Valley, Hershey, and Harrisburg corridors.
MENTIONED IN THIS ARTICLE
Harrisburg
Tom Ridge
Pennsylvania
Denis James Burrell
Martin-Baker Aircraft Co. Ltd
Ridge
Pennsylva
Nia
Samuel McCullough
McCullough
Martin Baker
Steve Kohler
Kohler
Lucent Technologies
Allentown
Department of Transportation
Hershey Foods
Hershey
Ingram Micro Inc
Lucent
Ingram
Also Mentioned on This Page
WESCO
Samantha Thompson Smith
Raleigh News & Observer
New Castle
Parker/Hunter Inc
At&t (T
Ee Eservesrvesoeos
Alphanet
ALPH
Bell Atlantic
BEL
Calgon Carbon
CCC
Columbia Gas
CBS
CSX
ESB Finance
ESBF
First Energy
FEN/Mercer
FEAN
HNZ
Kmart
Steel
Matthews
May
McDonalds
Oeenet
Mellon Bank
MEL
Mylan Labs
MYL
Natl City Bank
NCC
NS Group
NSS
Praxair
Pereng Pgda
Eee
Respi
Olate
Too
Fae
ALL New Pappan's Restaurant
Lawrence Village Plaza
Ellwood Rd
Malachite Mit
Torys
Ivon Rog
Nancy Fox
First Presbyterian Church
N. Jefferson St
Ama
Sky Bank
B'Sky. Bank