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News

Kraft Heinz, Berkshire Hathaway

Washington Examiner on MSN · 7h
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 · 1d
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.
Reuters on MSN · 1d
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.
1d
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 ...
18h
Berkshire Hathaway issues stern warning over Trump's tariffs as profits impacted — here's what investors need to know
Berkshire’s latest earnings are in. The conglomerate is issuing a stark warning: Trump’s tariffs could hit your bottom line.

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