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News

Kraft Heinz, Berkshire and Warren Buffett

CBS News on MSN · 14h
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.
Reuters on MSN · 6h
Berkshire takes $3.8 billion Kraft Heinz write-down, operating profit falls
Warren Buffett's Berkshire Hathaway said on Saturday it took a $3.76 billion write-down on its stake in Kraft Heinz during the second quarter, an acknowledgment the decade-old investment hasn't worked out.
Financial Times · 15h
Warren Buffett writes down stake in Kraft Heinz by $3.8bn
Berkshire Hathaway has been hit by a $3.8bn writedown on its investment in Kraft Heinz, in an acknowledgment of the trouble Warren Buffett has had with his landmark 2015 consumer goods industry deal.
7don MSN
This Warren Buffett Stock Is Reportedly Contemplating a Huge Move
Warren Buffett's Berkshire Hathaway (NYSE: BRK.A) (NYSE: BRK.B) holds many prominent household names in its portfolio. But ...
FoodNavigator
1d
Kraft Heinz CEO responds to split rumours
Kraft Heinz CEO Carlos Abrams-Rivera has confirmed plans to explore a $20bn spin-off, potentially separating Kraft products ...

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