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News

Berkshire, Kraft Heinz and Warren Buffett

CBS News on MSN · 17h
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.
Seeking Alpha on MSN · 19h
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 ).
Yahoo Finance · 10h
Buffett's Berkshire takes $3.8 billion Kraft Heinz write-down
STORY: Warren Buffett's Berkshire Hathaway said it took a more than $3.7 billion write-down on its stake in Kraft Heinz in the second quarter...an acknowledgment that the decade-old investment hasn't worked out.
5h
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 ...
5don MSN
Kraft Heinz's fate is tied to a possible breakup and shifts at Berkshire Hathaway
Kraft Heinz (NASDAQ:KHC) is considering undertaking a landmark separation of its business by spinning off a substantial part ...

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