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Berkshire takes $3.8 billion Kraft Heinz writedown, operating profit falls
(Reuters) -Warren Buffett’s Berkshire Hathaway (NYSE: BRKa) on Saturday took a $3.76 billion writedown on its stake in Kraft Heinz (NASDAQ: KHC ), an acknowledgment the decade-old investment hasn’t ...
1 Warren Buffett Stock to Buy Hand Over Fist and 1 to Avoid
While most of the stocks Buffett and his team of investors have picked merit strong consideration, there are a few ...
Berkshire Hathaway Warns of 'Adverse Consequences on Most, If Not All, Operating Businesses' as Q2 Results Reflect Mounting Global Pressures
Berkshire's Q2 stumble underscores the challenges ahead as Buffett's succession nears amid market turbulence and shifting ...
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 the value of its stake in Kraft Heinz, as that iconic food producer ...