News

Warren Buffett's company reported less than half as much profit in the second quarter as it took a $3.76 billion writedown on ...
Berkshire Hathaway has been hit by a $3.8bn writedown on its investment in Kraft Heinz, in an acknowledgment of the trouble ...
(Reuters) -Warren Buffett's Berkshire Hathaway on Saturday wrote down part of its investment in Kraft Heinz, and reported a 4 ...
Berkshire also reported a 59% decline in quarterly net income, reflecting the writedown as well as lower investment gains ...
Berkshire Hathaway, the conglomerate run by legendary investor and soon-to-be-departing CEO Warren Buffett, on Saturday ...
Berkshire Hathaway ( NYSE: BRK.A ) ( NYSE: BRK.B) on Saturday posted a nearly 4% decline in quarterly operating profit, hurt ...
Kraft-Heinz's mature brands are saturated, limiting growth opportunities and making pricing power ineffective in driving ...
Kraft Heinz Co.’s stock rose Wednesday despite a massive charge booked by the packaged-food giant for the losses in its stock ...
Kraft Heinz beat estimates for quarterly results on Wednesday, helped by resilient demand for its pantry staples and ...
Kraft Heinz swung to a loss in the second quarter, hurt by a large impairment charge, as it posted another drop in sales.
Kraft Heinz CEO Carlos Abrams-Rivera has confirmed plans to explore a $20bn spin-off, potentially separating Kraft products ...
Carlos Abrams-Rivera said during the company’s Q2 earnings call that the board was evaluating “those strategic options” to ...