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Berkshire, Kraft Heinz

CBS News on MSN · 17h

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.

Seeking Alpha on MSN · 19h

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 ).

Reuters on MSN · 15h

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.

5don MSN

Kraft Heinz's fate is tied to a possible breakup and shifts at Berkshire Hathaway

Kraft Heinz (NASDAQ:KHC) is considering undertaking a landmark separation of its business by spinning off a substantial part ...

Buffett’s Berkshire Hit With $3.8 Billion Kraft Heinz Charge

On Saturday, Berkshire marked down the carrying value of its Kraft Heinz investment to $8.4 billion, down from more than $17 ...

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