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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 ...
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 ...
Berkshire Hathaway's earnings can swing wildly from quarter to quarter because it has to record the current value of its massive investment portfolio.
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 ...
Industry experts say cultural clashes, poor innovation, and failure to adapt to consumer trends may have doomed the 2015 ...
Get insights on Berkshire Hathaway's investment in Constellation Brands, its risks, and why small investors might benefit ...
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 ...
What Happened: Berkshire Hathaway has reduced the carrying value of its Kraft Heinz investment to $8.4 billion, a significant drop from over $17 billion at the end of 2017.
By clicking Sign up, you agree to our privacy policy. Berkshire owns more than 27% of Kraft Heinz' stock and, for years, it had representatives on the company's board.