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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.

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 · 18h

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.

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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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