Berhshire Hathaway's bad news streak continues - Kraft Heinz writes off $15.4billion + cuts dividend, shares down 17%

The write down due to changing consumer tastes, detoriating their products' value

Warren Buffett really on a rough ride lately. First Wells Fargo, then Apple, now Kraft Heinz.

https://www.bloomberg.com/news/articles/2019-02-21/kraft-heinz-slumps-on-sec-subpoena-15-4-billion-in-writedowns

Submitted February 21, 2019 at 06:22PM by ajkomajko https://ift.tt/2tz7I9A