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Berkshire, Kraft Heinz

Reuters on MSN · 22h

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.

Associated Press News on MSN · 1d

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

Warren Buffett's company 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 Heinz as that iconic food producer considers largely undoing the merger that Berkshire Hathaway helped bankroll.

The Manila Times on MSN · 6h

Berkshire takes $3.8B Kraft Heinz write-down

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.

2d

The Kraft-Heinz Company: Second-Quarter Report Shows Earnings Have Stagnated

Kraft-Heinz's mature brands are saturated, limiting growth opportunities and making pricing power ineffective in driving ...

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 ...

Food Business News2d

Kraft Heinz suffers $9.3 billion non-cash impairment charge

PITTSBURGH — Citing a sustained decline in its stock price, the Kraft Heinz Co. took a $9.3 billion non-cash impairment ...

2d

Kraft Heinz: Empty Bottle

Kraft Heinz struggles with declining sales, high debt, and weak growth. Learn why its high dividend may not outweigh risks.

GlobalData on MSN3d

Kraft Heinz’s sales decline nears top end of full-year negative guidance

CEO Carlos Abrams-Rivera remained tight-lipped on giving new perspective on the “strategic transactions” revealed in May.

4don MSN

Kraft Heinz sauces boost quarterly results as home-cooking rises

Kraft Heinz beat estimates for quarterly results on Wednesday, helped by resilient demand for its pantry staples and ...

2d

Kraft Heinz delivers pizza mac and cheese | Hain Celestial expands wellness teas beyond bedtime

The food giant is offering consumers in three iconic pizza cities an early taste, while Progresso grills up BBQ-inspired ...

4d

What's Going On With Kraft Heinz Stock Wednesday?

Kraft Heinz beat Q2 earnings and sales estimates but maintained a cautious full-year outlook with declining organic net sales ...

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