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Profits drop at Berkshire Hathaway

Reuters on MSN · 21h

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

Aug 2 (Reuters) - Warren Buffett's Berkshire Hathaway (BRKa.N) said on Saturday it took a $3.76 billion write-down on its stake in Kraft Heinz (KHC.O) during the second quarter, an acknowledgment the decade-old investment hasn't worked out.

CBS News on MSN · 23h

Profits at Warren Buffett's Berkshire Hathaway drop after Kraft Heinz write-down

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 · 1d

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 ).

3h

Berkshire Hathaway issues stern warning over Trump's tariffs as profits impacted — here's what investors need to know

Berkshire’s latest earnings are in. The conglomerate is issuing a stark warning: Trump’s tariffs could hit your bottom line.

Cryptopolitan on MSN1d

Berkshire Hathaway A and B stocks are surging ahead of Q2 earnings report tomorrow

Berkshire Hathaway shares are racing higher just one day before the company drops its second-quarter results. Class A stock ...

FoodNavigator2d

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 ...

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