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Kraft Heinz, Berkshire and Warren Buffett

CBS News on MSN · 14h

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 · 16h

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.

Reuters on MSN · 6h

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.

1h

Warren Buffett's stock still struggling since May peak

Second-quarter results show Berkshire Hathaway saw soft second-quarter insurance profits but builds a huge cash horde.

FoodNavigator1d

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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