Heinz stock nose dives
7:50 AMTrue North
Can't say I'm sorry for that. They closed their ketchup plant in Ontario throwing quite a few workers out on the street. This also affected farmers in the region who supplied tomatoes and other items. Frenches still maintains a Canadian plant so I bought my
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Odd they say sales are up but input costs are too high. They can blame the lower prices of their competitors,but Heinz private labels for lots of them too.
A lot about mega-markets I’ll never understand
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