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Profits Drop at Warren Buffett's Berkshire Hathaway

Omaha World-Herald · 20h

Profits drop at Warren Buffett's Berkshire Hathaway as it writes down its Kraft Heinz investment

Warren Buffett's Berkshire Hathaway reported less than half as much profit in the second quarter as it took a $3.76 billion writedown on the value of its stake in Kraft

Berkshire Takes $3.8 Billion Kraft Heinz Write-Down, Operating Profit Falls

Buffett's conglomerate signaled it remains cautious about market valuations, amid uncertainty about tariffs and growth in the broader economy.

Investopedia on MSN · 2d

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

Berkshire Hathaway, 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.

2d

Warren Buffett’s company takes a $5.9 billion hit on his bet on an icon that has gone wrong

The 94-year-old billionaire investor doesn’t often miss, but this rare disappointment has weighed heavily on his empire.

2d

Buffett’s Berkshire hit with $4.9 billion Kraft Heinz charge

Berkshire marked down its carrying value of the Kraft Heinz stake to US$8.4 billion at the end of June. Read more at ...

24/7 Wall St.18h

Why is Buffett Hoarding Cash While The S&P (VOO) Is At All Time Highs?

Buffett’s Cash Fortress Sparks Speculation Legendary investor Warren Buffett remains a towering figure in the financial world ...

FoodNavigator4d

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 ...

5don MSN

Kraft Heinz takes $9 billion charge for its stock’s ‘sustained decline’ as it ponders strategic options

Kraft Heinz’s stock rose in early Wednesday trading after the company said it’s still weighing strategic options, which ...

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