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Kraft Heinz, Berkshire and Warren Buffett

CBS News on MSN · 22h

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.

Reuters on MSN · 20h

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.

1h

Warren Buffett’s Berkshire Hathaway reports 4% drop in operating earnings in Q2

Warren Buffett’s Berkshire Hathaway on Saturday reported operating earnings for the second quarter fell 3.79 per cent from ...

24/7 Wall St.1h

4 Warren Buffett Dividend Stocks Are Sizzling Summer Bargain Buys

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Buffett’s Berkshire Hit With $3.8 Billion Kraft Heinz Charge

On Saturday, Berkshire marked down the carrying value of its Kraft Heinz investment to $8.4 billion, down from more than $17 ...

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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