Heinz 3Q profit rises, reaffirms growth outlook (AP)

Cans of Heinz tomato ketchup are on display inside Costco in Mountain View, Calif., Sunday, Feb. 22, 2009. Ketchup maker Heinz said Tuesday, its third-quarter profit rose 11 percent as it raised prices for key brands. The food company is reaffirming its full-year earnings growth guidance. (AP Photo/Paul Sakuma)AP – H.J. Heinz Co. said Tuesday that its third-quarter profit rose 11 percent as it raised prices, but volume slipped as budget-conscious consumers cleared out what was already in their pantries to save money.

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