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Berkshire, Kraft Heinz

Seeking Alpha on MSN · 1d

Berkshire Hathaway takes $3.8B Kraft Heinz impairment hit, Q2 operating profit drops 4%

Berkshire Hathaway ( NYSE: BRK.A ) ( NYSE: BRK.B) on Saturday posted a nearly 4% decline in quarterly operating profit, hurt by soft insurance underwriting earnings and a $3.8B hit to its stake in ketchup giant Kraft Heinz ( KHC ).

The Straits Times · 19h

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 straitstimes.com. Read more at straitstimes.com.

TechStory · 5h

Berkshire Hathaway Takes $3.8 Billion Kraft Heinz Write-Down, Reports Operating Profit Decline

Berkshire Hathaway records a $3.8 billion write-down on its Kraft Heinz investment, while reporting a decline in operating profit amid market challenges and leadership transition.

The Business Times15h

Buffett’s Berkshire hit with US$3.8 billion Kraft Heinz charge

WARREN Buffett’s Berkshire Hathaway took a US$3.8 billion impairment on its Kraft Heinz stake, the latest hit to a bet that’s ...

14h

Warren Buffett’s company takes a $5.9 billion hit on his bet that has gone sour

The 94-year-old billionaire investor doesn’t often get it wrong, but his bet on an iconic company has weighed heavily on his ...

FoodNavigator2d

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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