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News

Kraft Heinz falls

Seeking Alpha on MSN · 2d
Kraft Heinz falls after Berkshire Hathaway signals a loss of confidence in its decades-old investment
The Kraft Heinz Company (NASDAQ:KHC) traded lower on Monday after Berkshire Hathaway (BRK.A) (BRKB) recorded a substantial $3.76 billion after-tax writedown or impairment on its investment in the food company.
Reuters on MSN · 4d
Berkshire takes $3.8 billion Kraft Heinz write-down, operating profit falls
Aug 2 (Reuters) - Warren Buffett's Berkshire Hathaway (BRKa.N) said on Saturday it took a $3.76 billion write-down on its stake in Kraft Heinz (KHC.O) during the second quarter, an acknowledgment the decade-old investment hasn't worked out.
CBS News on MSN · 4d
Profits at Warren Buffett's Berkshire Hathaway drop as it writes down its Kraft Heinz investment
Berkshire Hathaway's earnings can swing wildly from quarter to quarter because it has to record the current value of its massive investment portfolio.
3h
Constellation Brands A Better Pick Than Kraft Heinz But Not A Compelling Buy
Get insights on Berkshire Hathaway's investment in Constellation Brands, its risks, and why small investors might benefit ...
1d
Berkshire Shares Tumble as Buffett Has Five Months Left at the Helm to Make a Big Deal
Berkshire’s stock has slipped more than 13% since Buffett announced in May that he would step down at the end of the year.

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