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News

Kraft Heinz falls

Seeking Alpha on MSN · 15h
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.
Omaha World-Herald · 13h
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
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.
12hon MSN
Berkshire Hathaway's shares fall after $3.8 billion write-down, operating profit weakness
By Pritam Biswas (Reuters) -Class A shares of Warren Buffett's Berkshire Hathaway fell more than 3% in afternoon trading on ...
14hon 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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