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· 1dBerkshire Hathaway earnings take $3.8bn hit from Kraft Heinz stake writedown
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 its total earnings after taxes by $3.8bn, according to the quarterly statement.
Over the past 11 quarters (33 months), Warren Buffett has overseen: Altogether, Buffett has sold $177.431 billion more in ...
While Berkshire’s quarterly operating earnings were down year-over-year, there were several pleasant surprises. Warren ...
NEW YORK, Aug 2 (Reuters) - Warren Buffett's Berkshire Hathaway (BRKa.N) said on Saturday that its consumer goods businesses ...
The market could create an opportunity for Berkshire Hathaway to grow again.
Buffett has long championed free and fair trade. And the fear is that strict tariff policies could lead not only to economic ...
Berkshire Hathaway sold about one-third of its stake in VeriSign , an internet infrastructure and domain name registry ...
The blockbuster deal raises the odds that Buffett’s Berkshire Hathaway, which owns the Burlington Northern Santa Fe railroad, ...
We’re so fortunate,” Sheridan told Fortune, reflecting on Brooks’ status as a subsidiary of Berkshire Hathaway. “Our ...
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