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Kraft Heinz, Berkshire and Warren Buffett

CBS News on MSN · 12h

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 · 4h

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

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

Financial Times · 14h

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.

14hon MSN

Warren Buffett's Berkshire Hathaway sold another $3 billion of stocks as investor enters home stretch as CEO

Berkshire posted a 4% drop in operating profits for Q2. Warren Buffett's company was a net seller of stocks for the 11th ...

5don MSN

Kraft Heinz's fate is tied to a possible breakup and shifts at Berkshire Hathaway

Kraft Heinz (NASDAQ:KHC) is considering undertaking a landmark separation of its business by spinning off a substantial part ...

13h

Berkshire Hathaway Warns of 'Adverse Consequences on Most, If Not All, Operating Businesses' as Q2 Results Reflect Mounting Global Pressures

Berkshire's Q2 stumble underscores the challenges ahead as Buffett's succession nears amid market turbulence and shifting ...

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