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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 ...
B shares slid 3.1% in Monday morning trading after the investing and insurance giant posted Q2 earnings on Saturday that ...
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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 ...
Buffett's conglomerate signaled it remains cautious about market valuations, amid uncertainty about tariffs and growth in the ...
Berkshire Hathaway, the conglomerate run by legendary investor and soon-to-be-departing CEO Warren Buffett, on Saturday ...
Berkshire Hathaway has reported a $3.8 billion impairment on its stake in Kraft Heinz, marking a significant setback for the billionaire investor.
Berkshire’s latest earnings are in. The conglomerate is issuing a stark warning: Trump’s tariffs could hit your bottom line.
No buybacks, a Kraft Heinz sting, and declining profits for Berkshire. But is the market overreacting to a still-strong ...
Berkshire Hathaway announced over the weekend it wrote down billions of dollars in the value of its holding in Kraft Heinz, ...
Berkshire said it had slashed the carrying value of its 27.4 per cent stake in Kraft Heinz to $8.4bn, from $13.5bn at the end of the first quarter, a roughly $5bn impairment. It noted the hit reduced ...
Berkshire has not repurchased shares since May and has now forgone buybacks for four straight quarters, even as the stock ...
Berkshire Hathaway records a $3.8 billion write-down on its Kraft Heinz investment, while reporting a decline in operating profit amid market challenges and leadership transition.
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