Shares of Heinz (HNZ) shed 2.8% premarket after the firm posts worse-than-expected FQ2 revenue....

|By:, SA News Editor

Shares of Heinz (HNZ) shed 2.8% premarket after the firm posts worse-than-expected FQ2 revenue. The company says it expects to close another three factories worldwide due to a "difficult environment." After factoring in productivity initiatives, Heinz reaffirms FY12 EPS in a range of $3.24-$3.32.