Cramer Sticks With Heinz
On CNBC’s MAD MONEY on the road at UT in Austin, Cramer also came on with a DEFENSIVE PLAY from Texas and he brought on the CEO of HJ Heinz (HNZ-NYSE). Cramer thinks is the best defensive stock out there. …
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On CNBC’s MAD MONEY on the road at UT in Austin, Cramer also came on with a DEFENSIVE PLAY from Texas and he brought on the CEO of HJ Heinz (HNZ-NYSE). Cramer thinks is the best defensive stock out there. The CEO said they won’t be replaced by China and they are on Chinese tables. As far as shareholder activists, the CEO said they have worked with the activists; CEO’s have shareholder bosses and they can use the activist shareholder as a good fit. HNZ launched 100 products this year and wants to launch 200 next year.
Jon C. Ogg
March 20, 2007
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Douglas A. McIntyre is the co-founder, chief executive officer and editor in chief of 24/7 Wall St. and 24/7 Tempo. He has held these jobs since 2006.
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A magna cum laude graduate of Harvard College, McIntyre also was president of The Harvard Advocate. Founded in 1866, the Advocate is the oldest college publication in the United States.
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McIntyre has been the CEO of FutureSource, a provider of trading terminals and news to commodities and futures traders. He was president of Switchboard, the online phone directory company. He served as chairman and CEO of On2 Technologies, the video compression company that provided video compression software for Adobe’s Flash. Google bought On2 in 2009.
