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News

Kraft Heinz falls

Seeking Alpha on MSN · 3d
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.
Washington Examiner on MSN · 3d
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.
CBS News on MSN · 5d
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.
11h
Constellation Brands A Better Pick Than Kraft Heinz But Not A Compelling Buy
Get insights on Berkshire Hathaway's investment in Constellation Brands, its risks, and why small investors might benefit ...
2d
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.

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