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We expect this trio of growth engines to drive sales this quarter as well and believe that the company will see a further recovery in gross margins, aided by lower commodity costs.
FORBES: Heinz's Thicker Margins And Global Growth Will Lift Results
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The consumer foods giant saw a strong start to fiscal 2013 last quarter with strong organic sales growth complemented by a recovery in gross margins in spite of a persistent rise in commodity costs.
FORBES: Heinz's Thicker Margins And Global Growth Will Lift Results
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Another huge economic stimulus package, like the ones his predecessor pushed through, would only add to the huge public debt - now totaling about 130% of gross domestic product - without guaranteeing a full recovery.
CNN: Taking Over
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The RBI said it expects gradual economic recovery in the fiscal year started April 1, and forecast gross domestic product growth of 5.7%.
WSJ: India Cuts Policy Rate
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Without such intervention net new mortgage lending - gross new home loans minus repayments and redemptions - would fall below zero in 2009 and see only a modest recovery in 2010, he said.
BBC: New mortgage lending 'to shrink'