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Profits at Warren Buffett's Berkshire Hathaway drop

CBS News on MSN · 1d

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.

Financial Times · 1d

Warren Buffett writes down stake in Kraft Heinz by $3.8bn

Berkshire Hathaway has been hit by a $3.8bn writedown on its investment in Kraft Heinz, in an acknowledgment of the trouble Warren Buffett has had with his landmark 2015 consumer goods industry deal.

Investopedia on MSN · 1d

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

Berkshire Hathaway (BRK.A, BRK.B), the conglomerate run by legendary investor and soon-to-be-departing CEO Warren Buffett, on Saturday reported that it had recorded a nearly $5 billion second-quarter write-down of Kraft Heinz shares.

11h

Buffett’s Berkshire hit with $4.9 billion Kraft Heinz charge

Berkshire marked down its carrying value of the Kraft Heinz stake to US$8.4 billion at the end of June. Read more at ...

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 ...

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