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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.

Washington Examiner on MSN · 1d

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.

Omaha World-Herald · 23h

Profits drop at Warren Buffett's Berkshire Hathaway as it writes down its Kraft Heinz investment

Warren Buffett's Berkshire Hathaway reported less than half as much profit in the second quarter as it took a $3.76 billion writedown on the value of its stake in Kraft

23hon MSN

Berkshire Hathaway's shares fall after $3.8 billion write-down, operating profit weakness

The write-down of Berkshire Hathaway's 27.4% stake in Kraft Heinz, its second for the company, reflects a significant decline ...

3d

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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