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Profits drop at Berkshire Hathaway

Reuters on MSN · 22h

Berkshire takes $3.8 billion Kraft Heinz write-down, operating profit falls

Aug 2 (Reuters) - Warren Buffett's Berkshire Hathaway (BRKa.N) said on Saturday it took a $3.76 billion write-down on its stake in Kraft Heinz (KHC.O) during the second quarter, an acknowledgment the decade-old investment hasn't worked out.

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.

Yahoo Finance · 17h

Buffett's Berkshire takes $3.8 billion Kraft Heinz write-down

STORY: Warren Buffett's Berkshire Hathaway said it took a more than $3.7 billion write-down on its stake in Kraft Heinz in the second quarter...an acknowledgment that the decade-old investment hasn't worked out.

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 ...

Cryptopolitan on MSN1d

Berkshire Hathaway A and B stocks are surging ahead of Q2 earnings report tomorrow

Berkshire Hathaway shares are racing higher just one day before the company drops its second-quarter results. Class A stock ...

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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