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Berkshire Hathaway's earnings can swing wildly from quarter to quarter because it has to record the current value of its ...
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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's second-quarter profit plummeted 59% to $12.37 billion, impacted by a $3.76 billion writedown on its ...
Warren Buffett touted the chance to bring “iconic brands together” in 2015 when he backed the creation of Kraft Heinz Co. The plans to split up many of those brands a decade later represent a ...
Kraft Heinz and Buffett conceded that the acquisition was overvalued, and Berkshire’s directors stepped down earlier this year.
Kraft Heinz KHC 3.12% is preparing to break itself up, a decade after an infamous merger of two of the biggest names in packaged foods that was orchestrated by Warren Buffett and Brazilian private ...
Warren Buffett destacou a oportunidade de juntar “marcas icônicas” em 2015, quando apoiou a criação da Kraft Heinz. Os planos de separar muitas dessas marcas uma década depois representam ...
Kraft Heinz may spin off its Kraft-branded business in a $20bn deal, leaving a core focus on sauces and spreads. Bond markets are reacting, and speculation grows that Warren Buffett’s Berkshire ...
Shares in the food-maker have lost about two-thirds of their value since Kraft and H.J. Heinz merged in 2015 to cut costs and grow internationally.
Kraft Heinz's potential spinoff of slower-growing brands such as Velveeta cheese is a risky last-ditch effort to boost returns by reversing its unsuccessful decade-old merger.
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