Sinking stocks and deteriorating prospects from an investment in Kraft Heinz Co ...
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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.
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Kraft Heinz plunges; Berkshire Hathaway earnings; Economy worriesToday’s top business headlines with ChristineRomans: - High level trade talks continue in Washington - Kraft-Heinz reveals SEC investigation - US existing home sales hit three-year low - Tesla Model 3 loses Consumer Reports recommendation
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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.
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Kraft Heinz loses a lot of cheese as earnings send stock plunging toward record lowKraft Heinz Inc. shares headed toward record lows in after-hours trading Thursday, after the giant food conglomerate delivered bad news with no condiments to sweeten it.
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Kraft Heinz earnings reveal SEC investigation and massive write-offs, stock plunges
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Kraft Heinz Stock Is Plunging Because Things Have Gone From Bad to UglyKraft Heinz stock was plunging more than 25%, on the heels of a drama-filled fourth-quarter earnings report that included a $15.4 billion asset write-down, a dividend cut, and disclosure of a Securities and Exchange Commission investigation.
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