Heineken: No Price Increase This Year

Heineken cfo René Hooft Graafland noted in a conference call yesterday that price increases taken in the fourth quarter of fiscal 2008 put a "widening" gap between it and Grupo Modelo. As a result, they have no plans to increase prices in fiscal 2009."We increased prices in North America in Q-4 and Modelo did not follow, and in fact even decreased prices. They have stepped up enormously in their discount policies there so the price gap is widening. On one