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

Warren Buffett's Berkshire Hathaway reported less than half as much profit in the second quarter as it took a $3.76 billion ...

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 ...

Berkshire Hathaway shares drop after lackluster Q2 results, Kraft Heinz writedown

B shares slid 3.1% in Monday morning trading after the investing and insurance giant posted Q2 earnings on Saturday that ...

Berkshire Hathaway writes down Kraft Heinz investment

This write-down reveals Berkshire Hathaway’s admission that its initial investment into the food conglomerate was overvalued and is now correcting course.
Crain's Chicago Business7d

Buffett's Berkshire hit with $3.8 billion Kraft Heinz charge

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

Warren Buffett's Berkshire Hathaway Records $5 Billion Write-Down of Kraft Heinz Stock

Berkshire Hathaway, the conglomerate run by legendary investor and soon-to-be-departing CEO Warren Buffett, on Saturday ...

Profits at Warren Buffett's Berkshire Hathaway drop after Kraft Heinz write-down

Berkshire Hathaway's earnings can swing wildly from quarter to quarter because it has to record the current value of its ...
TipRanks on MSN8d

Berkshire Hathaway Sells $1.2 Billion in VeriSign, Takes $5 Billion Impairment on Kraft Heinz

Berkshire Hathaway (BRK.A)(BRK.B) reported a $1.21 billion sale of VeriSign ($VRSN) stock in a recent filing with the U.S.
USA Today21d

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 cutting ...