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Warren Buffett's company reported less than half as much profit in the second quarter as it took a $3.76 billion writedown on ...
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Berkshire Hathaway's earnings can swing wildly from quarter to quarter because it has to record the current value of its ...
Berkshire marked down the carrying value of its Kraft Heinz investment to $8.4 billion, down from more than $17 billion at ...
Berkshire Hathaway, the conglomerate run by legendary investor and soon-to-be-departing CEO Warren Buffett, on Saturday ...
Berkshire’s earnings arrive amid speculation of a Kraft Heinz breakup and possible rail mergers, putting Buffett’s biggest ...
Reuters on MSN8d
Buffett's Berkshire takes $3.8 billion Kraft Heinz write-downWarren Buffett's Berkshire Hathaway said on Saturday it took a $3.76 billion write-down on its stake in Kraft Heinz during ...
Kraft Heinz and Buffett conceded that the acquisition was overvalued, and Berkshire’s directors stepped down earlier this year.
Warren Buffett’s Berkshire Hathaway (NYSE: BRK.A , BRK.B) owns roughly 20% of Kraft Heinz, and his response to the breakup—whether holding or exiting—could significantly sway investor sentiment.
10 stocks we like better than Kraft Heinz › Warren Buffett's Berkshire Hathaway (NYSE: BRK.A)(NYSE: BRK.B) holds many prominent household names in its portfolio.
Kraft Heinz KHC -3.62%, a longtime Berkshire holding that now plans to break itself up after years of poor returns, could become an early test case.
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