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Berkshire, Kraft Heinz

CBS News on MSN · 18h

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.

Seeking Alpha on MSN · 20h

Berkshire Hathaway takes $3.8B Kraft Heinz impairment hit, Q2 operating profit drops 4%

Berkshire Hathaway ( NYSE: BRK.A ) ( NYSE: BRK.B) on Saturday posted a nearly 4% decline in quarterly operating profit, hurt by soft insurance underwriting earnings and a $3.8B hit to its stake in ketchup giant Kraft Heinz ( KHC ).

Reuters on MSN · 16h

Berkshire takes $3.8 billion Kraft Heinz write-down, operating profit falls

Warren Buffett's Berkshire Hathaway said on Saturday it took a $3.76 billion write-down on its stake in Kraft Heinz during the second quarter, an acknowledgment the decade-old investment hasn't worked out.

6h

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 ...

20hon MSN

Warren Buffett’s Berkshire Hathaway reports 4% drop in operating earnings in Q2

Warren Buffett’s Berkshire Hathaway on Saturday reported operating earnings for the second quarter fell 3.77% from the same ...

5h

Warren Buffett's stock still struggling since May peak

Second-quarter results show Berkshire Hathaway saw soft second-quarter insurance profits but builds a huge cash horde.

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