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Berkshire, Kraft Heinz

Berkshire Hathaway Faces $3.8 Billion Loss Tied to Kraft Heinz Stake

Berkshire Hathaway has reported a $3.8 billion impairment on its stake in Kraft Heinz, marking a significant setback for the billionaire investor.

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.

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 ...

19h

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.

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 ...

4don MSN

Kraft Heinz takes $9 billion charge for its stock’s ‘sustained decline’ as it ponders strategic options

Kraft Heinz’s stock rose in early Wednesday trading after the company said it’s still weighing strategic options, which ...

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