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Kraft Heinz falls

Seeking Alpha on MSN · 1d

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.

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 ...

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 ...

FoodNavigator4d

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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