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Berkshire Hathaway, Kraft Heinz

Seeking Alpha on MSN · 2d

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.

Reuters on MSN · 4d

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

Aug 2 (Reuters) - Warren Buffett's Berkshire Hathaway (BRKa.N) said on Saturday it took a $3.76 billion write-down on its stake in Kraft Heinz (KHC.O) during the second quarter, an acknowledgment the decade-old investment hasn't worked out.

Wealth Professional · 21h

Berkshire shares drop after earnings fall and US$3.8 billion writedown

Berkshire has not repurchased shares since May and has now forgone buybacks for four straight quarters, even as the stock dropped over 12 percent between Buffett’s retirement announcement and last Friday’s close, as reported by Bloomberg.

4h

Constellation Brands A Better Pick Than Kraft Heinz But Not A Compelling Buy

Get insights on Berkshire Hathaway's investment in Constellation Brands, its risks, and why small investors might benefit ...

1d

Berkshire Shares Tumble as Buffett Has Five Months Left at the Helm to Make a Big Deal

Berkshire’s stock has slipped more than 13% since Buffett announced in May that he would step down at the end of the year.

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