UPDATE 1-Kraft Heinz quarterly profit beat expectations, shares rise <!-- no image --> <div>Kraft Heinz Co beat Wall Street expectations for quarterly profit on Thursday as the struggling packaged food company reined in costs in the face of slowing demand for some of its main brands.<div class="feedflare"> <a href="http://feeds.reuters.com/~ff/reuters/UKBankingFinancial?a=TTTXh8oQRe8:MN6jgxG1nZI:yIl2AUoC8zA"><img src="http://feeds.feedburner.com/~ff/reuters/UKBankingFinancial?d=yIl2AUoC8zA" border="0"></a> <a href="http://feeds.reuters.com/~ff/reuters/UKBankingFinancial?a=TTTXh8oQRe8:MN6jgxG1nZI:V_sGLiPBpWU"><img src="http://feeds.feedburner.com/~ff/reuters/UKBankingFinancial?i=TTTXh8oQRe8:MN6jgxG1nZI:V_sGLiPBpWU" border="0"></a> <a href="http://feeds.reuters.com/~ff/reuters/UKBankingFinancial?a=TTTXh8oQRe8:MN6jgxG1nZI:F7zBnMyn0Lo"><img src="http://feeds.feedburner.com/~ff/reuters/UKBankingFinancial?i=TTTXh8oQRe8:MN6jgxG1nZI:F7zBnMyn0Lo" border="0"></a> </div><img src="http://feeds.feedburner.com/~r/reuters/UKBankingFinancial/~4/TTTXh8oQRe8" height="1" width="1" alt=""></div> Posted by Reuters