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Kraft Heinz falls

Seeking Alpha on MSN · 2d

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.

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.

Wealth Professional · 12h

Berkshire shares drop after earnings fall and US$3.8 billion writedown

Berkshire has not repurchased shares since May and has now forgone buybacks for four straight quarters, even as the stock dropped over 12 percent between Buffett’s retirement announcement and last Friday’s close, as reported by Bloomberg.

1don MSN

Not Even Warren Buffett Wins 'Em All—Recent Losses on Two Big Investments Prove It

Berkshire Hathaway announced over the weekend it wrote down billions of dollars in the value of its holding in Kraft Heinz, ...

2d

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 ...

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