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News

Kraft Heinz falls

Seeking Alpha on MSN · 13h
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 · 2d
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.
Omaha World-Herald · 11h
Profits drop at Warren Buffett's Berkshire Hathaway as it writes down its Kraft Heinz investment
Warren Buffett's Berkshire Hathaway reported less than half as much profit in the second quarter as it took a $3.76 billion writedown on the value of its stake in Kraft
14m

Berkshire Hathaway's Shares Fall After $3.8 Billion Write-Down, Operating Profit Weakness

(Reuters) -Class A shares of Warren Buffett's Berkshire Hathaway fell 3% in afternoon trading on Monday, as investors fretted ...
12hon MSN

No buybacks, no bargains: Warren Buffett builds $344 billion war chest as Berkshire Hathaway sells stocks again

Berkshire Hathaway experiences a dip in operating earnings and continues to increase its cash reserves to $344.1 billion, ...

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