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Profits at Warren Buffett's Berkshire Hathaway drop

CBS News on MSN · 9h

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.

Financial Times · 10h

Warren Buffett writes down stake in Kraft Heinz by $3.8bn

Berkshire Hathaway has been hit by a $3.8bn writedown on its investment in Kraft Heinz, in an acknowledgment of the trouble Warren Buffett has had with his landmark 2015 consumer goods industry deal.

Investopedia on MSN · 11h

Warren Buffett's Berkshire Hathaway Records $5 Billion Write-Down of Kraft Heinz Stock

Berkshire Hathaway (BRK.A, BRK.B), the conglomerate run by legendary investor and soon-to-be-departing CEO Warren Buffett, on Saturday reported that it had recorded a nearly $5 billion second-quarter write-down of Kraft Heinz shares.

Niagara Gazette7h

Profits drop at 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 ...

FoodNavigator1d

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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