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News

Kraft Heinz, Berkshire and Warren Buffett

CBS News on MSN · 8h
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 · 10h
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.
Yahoo Finance · 10h
Berkshire takes $3.8 billion Kraft Heinz writedown, operating profit falls
Warren Buffett's Berkshire Hathaway on Saturday took a $3.76 billion writedown on its stake in Kraft Heinz, an acknowledgment the decade-old investment hasn't worked out, and reported lower quarterly operating profit as insurance underwriting premiums declined.
11h
Berkshire Takes Kraft Heinz Writedown, Operating Profit Falls
(Reuters) -Warren Buffett's Berkshire Hathaway on Saturday wrote down part of its investment in Kraft Heinz, and reported a 4 ...
FoodNavigator
1d
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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