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The Kraft Heinz Company ( NASDAQ: KHC) traded lower on Monday after Berkshire Hathaway ( BRK.A) (BRKB) recorded a substantial ...
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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 ...
9don MSN
Profits drop at Warren Buffett’s Berkshire Hathaway as it writes down its Kraft Heinz investment
Warren Buffett's company reported less than half as much profit in the second quarter as it took a $3.76 billion writedown on ...
B shares slid 3.1% in Monday morning trading after the investing and insurance giant posted Q2 earnings on Saturday that ...
Berkshire marked down the carrying value of its Kraft Heinz investment to $8.4 billion, down from more than $17 billion at ...
This write-down reveals Berkshire Hathaway’s admission that its initial investment into the food conglomerate was overvalued and is now correcting course.
Berkshire Hathaway, the conglomerate run by legendary investor and soon-to-be-departing CEO Warren Buffett, on Saturday ...
Warren Buffett’s Berkshire Hathaway reported a 4% year-on-year decline in second-quarter operating profit on Saturday, ...
Warren Buffetts Berkshire Hathaway (NYSE:BRKa) reported a $3.76 billion write-down on its 27.4% stake in Kraft Heinz (NASDAQ:KHC) during Q2 2025, reflecting continued struggles at the food giant. The ...
Kraft Heinz's KHC.O potential spinoff of slower-growing brands such as Velveeta cheese is a risky last-ditch effort to boost returns by reversing its unsuccessful decade-old merger.
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