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Kraft Heinz falls

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 · 3d

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.

CBS News on MSN · 4d

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.

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 ...

USA Today17d

Kraft Heinz eyes $20B grocery spinoff to reverse failed merger

Shares in the food-maker have lost about two-thirds of their value since Kraft and H.J. Heinz merged in 2015 in a deal backed by Warren Buffet's Berkshire Hathaway BRKa.N that was aimed at ...

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Kraft Heinz falls

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