Heineken Getting Hammered

Heineken warned analysts on Thursday that they don't have currency hedges in place for 2005, and it could possibly hammer the brewer unless the dollar makes some inroads against the euro. US sales make up 10% of Heineken's total global sales. Additionally, Heineken warned that US sales are slowing. "For the first time in a meeting with us, Heineken said that growth of its U.S. volumes could be on a slowing trend," Smith Barney told Reuters.WAIT AND SEE. On top