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(Reuters) -Warren Buffett's Berkshire Hathaway said on Saturday it took a $3.76 billion write-down on its stake in Kraft ...
This write-down reveals Berkshire Hathaway’s admission that its initial investment into the food conglomerate was overvalued and is now correcting course.
The 94-year-old billionaire investor doesn’t often get it wrong, but his bet on an iconic company has weighed heavily on his ...
WARREN Buffett’s Berkshire Hathaway took a US$3.8 billion impairment on its Kraft Heinz stake, the latest hit to a bet that’s ...
Berkshire marked down its carrying value of the Kraft Heinz stake to US$8.4 billion at the end of June. Read more at ...
Second-quarter results show Berkshire Hathaway saw soft second-quarter insurance profits but builds a huge cash horde.
WARREN Buffett’s Berkshire Hathaway said on Saturday it took a $3.76 billion write-down on its stake in Kraft Heinz during ...
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Berkshire’s latest earnings are in. The conglomerate is issuing a stark warning: Trump’s tariffs could hit your bottom line.
Warren Buffett’s Berkshire Hathaway on Saturday reported operating earnings for the second quarter fell 3.79 per cent from ...
US President Donald Trump’s latest move to impose tariffs on almost 70 trading partners has sent shockwaves acr ...