An unexpected write-down at Kraft Heinz shows that Warren Buffett's investment philosophy is vulnerable to sudden shifts in consumer taste
Brasil Últimas Notícias, Brasil Manchetes
Similar News:Você também pode ler notícias semelhantes a esta que coletamos de outras fontes de notícias.
Warren Buffett’s Berkshire Hathaway stock falls as big bet on Kraft Heinz soursWarren Buffett’s buy-and-hold strategy doesn’t always work out, as his Berkshire Hathaway is taking a bath on its big investment in Kraft Heinz Inc., after the packaged food company reported disappointing results, slashed its dividend and disclosed an SEC investigation.
Consulte Mais informação »
Warren Buffett’s Kraft Heinz Bet Dragged Down Berkshire Hathaway in 2018Warren Buffett’s Berkshire Hathaway swung to a $25.4 billion loss in the fourth quarter due to an unexpected write-down at Kraft Heinz and unrealized investment losses.
Consulte Mais informação »
Why the $15.4 billion Kraft Heinz brand write-down was unusualThe $15.4 billion impairment by Kraft Heinz wasn’t just one of the largest in corporate history. It also was unusual in how the write-down of its Kraft natural cheese business, Oscar Mayer cold cuts business and Canada retail business was carried out.
Consulte Mais informação »
Kraft Heinz shares tank after write down of two iconic brands, slashed dividend and SEC subpoenaKraft Heinz shares cratered yesterday after the company disclosed it has received a subpoena from the SEC. Warren Buffett’s Berkshire Hathaway lost more than $4 billion in a single day on the plunge. So, what went wrong with Kraft Heinz?
Consulte Mais informação »
Kraft Heinz shares tank 20 percent after SEC probe and $15 billion write-downShares in Kraft Heinz are expected to plunge when markets open Friday, after the consumer goods company said it was being investigated by U.S. regulators and it reported a massive loss.
Consulte Mais informação »