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Kraft Heinz falls

Seeking Alpha on MSN · 1h

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.

Yahoo Finance Canada · 2m

Berkshire Hathaway's Class A shares fall after $3.8 billion write-down, operating profit weakness

The write-down of Berkshire Hathaway's 27.4% stake in Kraft Heinz, its second for the company, reflects a significant decline in the value of the investment. Berkshire had taken a $3 billion write-down in Kraft Heinz in 2019.

CBS News on MSN · 2d

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.

49mon MSN

No buybacks, no bargains: Warren Buffett builds $344 billion war chest as Berkshire Hathaway sells stocks again

Berkshire Hathaway experiences a dip in operating earnings and continues to increase its cash reserves to $344.1 billion, ...

58mon MSN

Top Stock Movers Now: IDEXX, Wayfair, Berkshire Hathaway, and More

U.S. equities popped at midday as the market rallied from Friday's shock from the June jobs report and the EU delayed new ...

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