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News

Kraft Heinz, Berkshire and Warren Buffett

CBS News on MSN · 1d
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.
Financial Times · 1d
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.
TechStory · 3h
Berkshire Hathaway Takes $3.8 Billion Kraft Heinz Write-Down, Reports Operating Profit Decline
Berkshire Hathaway records a $3.8 billion write-down on its Kraft Heinz investment, while reporting a decline in operating profit amid market challenges and leadership transition.
12h
Warren Buffett’s company takes a $5.9 billion hit on his bet that has gone sour
The 94-year-old billionaire investor doesn’t often get it wrong, but his bet on an iconic company has weighed heavily on his ...
17h
Buffett’s Berkshire hit with $4.9 billion Kraft Heinz charge
Berkshire marked down its carrying value of the Kraft Heinz stake to US$8.4 billion at the end of June. Read more at ...
FoodNavigator2d
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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