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Berkshire Hathaway reported a $3.76 billion write-down for its shares in Kraft Heinz during its second quarter. This write-down reveals Berkshire Hathaway’s admission that its initial investment into ...
Warren Buffett isn’t used to lagging behind the market.The billionaire’s Berkshire Hathaway investment group has firmly outpaced the S&P 500 over the past five years, and has delivered staggering ...
Berkshire Hathaway, the conglomerate run by legendary investor and soon-to-be-departing CEO Warren Buffett, on Saturday ...
Berkshire Hathaway's earnings can swing wildly from quarter to quarter because it has to record the current value of its massive investment portfolio.
No buybacks, a Kraft Heinz sting, and declining profits for Berkshire. But is the market overreacting to a still-strong ...
Berkshire Hathaway announced over the weekend it wrote down billions of dollars in the value of its holding in Kraft Heinz, ...
Glean insights from Berkshire Hathaway Inc.'s Q2 results, including insurance losses, core growth drivers, and Warren Buffett ...
Industry experts say cultural clashes, poor innovation, and failure to adapt to consumer trends may have doomed the 2015 ...
Berkshire has not repurchased shares since May and has now forgone buybacks for four straight quarters, even as the stock ...
Berkshire said it had slashed the carrying value of its 27.4 per cent stake in Kraft Heinz to $8.4bn, from $13.5bn at the end of the first quarter, a roughly $5bn impairment. It noted the hit reduced ...
Warren Buffett's Berkshire Hathaway said on Saturday it took a $3.76 billion writedown on its stake in Kraft Heinz during the second quarter, an acknowledgment the decade-old investment hasn't ...
Warren Buffett’s Berkshire Hathaway Inc. took a $3.8 billion impairment on its Kraft Heinz Co. stake, the latest hit to a bet that’s weighed on the billionaire investor’s company in recent ...