berkshire kraft heinz - Search News

News

Berkshire Hathaway's shares fall

Seeking Alpha on MSN · 2d

Kraft Heinz falls after Berkshire Hathaway signals a loss of confidence in its decades-old investment

The Kraft Heinz Company (NASDAQ:KHC) traded lower on Monday after Berkshire Hathaway (BRK.A) (BRKB) recorded a substantial $3.76 billion after-tax writedown or impairment on its investment in the food company.

Reuters on MSN · 3d

Berkshire takes $3.8 billion Kraft Heinz write-down, operating profit falls

Aug 2 (Reuters) - Warren Buffett's Berkshire Hathaway (BRKa.N) said on Saturday it took a $3.76 billion write-down on its stake in Kraft Heinz (KHC.O) during the second quarter, an acknowledgment the decade-old investment hasn't worked out.

Washington Examiner on MSN · 2d

Berkshire Hathaway writes down Kraft Heinz investment

Berkshire Hathaway reported a $3.76 billion write-down for its shares in Kraft Heinz during its second quarter. This write-down reveals Berkshire Hathaway’s admission that its initial investment into the food conglomerate was overvalued and is now correcting course.

Wealth Professional4h

Berkshire shares drop after earnings fall and US$3.8 billion writedown

Berkshire has not repurchased shares since May and has now forgone buybacks for four straight quarters, even as the stock ...

1d

Berkshire Shares Tumble as Buffett Has Five Months Left at the Helm to Make a Big Deal

Berkshire’s stock has slipped more than 13% since Buffett announced in May that he would step down at the end of the year.

3d

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 ...

1don MSN

The Kraft Heinz Company (KHC): A Bull Case Theory

We came across a bullish thesis on The Kraft Heinz Company on Waterboy’s Substack by Waterboy. In this article, we will ...

2d

Berkshire's Kraft Heinz Impairment May Pressure Earnings

Kraft Heinz is underperforming peers, had two Berkshire-appointed board members resign in May, and is reportedly weighing ...

Cryptopolitan on MSN4d

Berkshire Hathaway A and B stocks are surging ahead of Q2 earnings report tomorrow

Berkshire Hathaway shares are racing higher just one day before the company drops its second-quarter results. Class A stock ...

FoodNavigator5d

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 ...

Some results have been hidden because they may be inaccessible to you

Show inaccessible results