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Berkshire, Kraft Heinz and Warren Buffett

CBS News on MSN · 15h

Profits at Warren Buffett's Berkshire Hathaway drop after Kraft Heinz write-down

Berkshire Hathaway's earnings can swing wildly from quarter to quarter because it has to record the current value of its massive investment portfolio.

Seeking Alpha on MSN · 16h

Berkshire Hathaway takes $3.8B Kraft Heinz impairment hit, Q2 operating profit drops 4%

Berkshire Hathaway ( NYSE: BRK.A ) ( NYSE: BRK.B) on Saturday posted a nearly 4% decline in quarterly operating profit, hurt by soft insurance underwriting earnings and a $3.8B hit to its stake in ketchup giant Kraft Heinz ( KHC ).

The Straits Times · 2h

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 straitstimes.com. Read more at straitstimes.com.

FoodNavigator1d

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 ...

Food Business News2d

Kraft Heinz suffers $9.3 billion non-cash impairment charge

PITTSBURGH — Citing a sustained decline in its stock price, the Kraft Heinz Co. took a $9.3 billion non-cash impairment ...

1d

Kraft Heinz: Empty Bottle

Kraft Heinz struggles with declining sales, high debt, and weak growth. Learn why its high dividend may not outweigh risks.

16d

Kraft Heinz Evaluating Potential Spin-Off Of A Grocery Business

Post-separation, RemainCo will retain Kraft Heinz’s faster-growing and more consumer-aligned brands, focusing on ...

GlobalData on MSN2d

Kraft Heinz’s sales decline nears top end of full-year negative guidance

CEO Carlos Abrams-Rivera remained tight-lipped on giving new perspective on the “strategic transactions” revealed in May.

1d

Kraft Heinz delivers pizza mac and cheese | Hain Celestial expands wellness teas beyond bedtime

The food giant is offering consumers in three iconic pizza cities an early taste, while Progresso grills up BBQ-inspired ...

3d

What's Going On With Kraft Heinz Stock Wednesday?

Kraft Heinz beat Q2 earnings and sales estimates but maintained a cautious full-year outlook with declining organic net sales ...

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