Kraft Heinz

9 results

Kraft Heinz’s shares fell 13 per cent on Thursday morning, taking the decline for the year to 38 per cent. Photograph: Scott Morgan/Reuters

Kraft Heinz, the Warren Buffett-backed food company, has disclosed another $1.2 billion (€1.07 billion) of write-downs, on top of the $15 billion char(...)

The company cut its quarterly dividend to 40 cents per share from around 63 cents per share

Shares of Kraft Heinz slumped 20 per cent on Thursday after the food company posted a quarterly loss, disclosed an SEC investigation and wrote down th(...)

 Greencore CEO Patrick Coveney: “We see very, very significant potential for growth returns and economic delivery in the US.” Photograph: Dara Mac Donaill

After almost two weeks on the road visiting Greencore’s businesses in the UK and the US, chief executive Patrick Coveney faced the prospect of being s(...)

Kraft Heinz, the company behind   Heinz  beans, has reported  fourth  quarter net sales of $6.9bn

Kraft Heinz, the company behind Jell-O and Heinz baked beans, on Friday reported a decrease in fourth-quarter organic sales as demand weakened in the (...)

Berkshire revealed its higher Apple stake on the same day George Soros’ firm Soros Fund Management and Leon Cooperman’s Omega Advisors said they dissolved their own Apple stakes

Warren Buffett’s Berkshire Hathaway has increased its stake in Apple by 55 percent, boosting its bet on the iPhone maker even as prominent investors l(...)

Warren Buffett (85)  Charlie Munger (92) fielded five hours of questions on such matters as Coca-Cola’s sugary drinks, lower shipping volumes on the BNSF railroad, risks from derivatives, and who might succeed Buffett as chief executive.

Warren Buffett said on Saturday that Berkshire Hathaway Inc is poised to do well no matter who wins the White House in November, and the billionaire i(...)

A deal between Premier Foods and McCormick would marry British brands such as Mr Kipling cakes and Oxo seasonings with McCormick’s spices, Lawry’s seasonings and Thai Kitchen meals

Britain’s Premier Foods yesterday agreed to hold talks with McCormick & Co after the US company raised its takeover proposal for a second time, pu(...)

Warren Buffett’s Berkshire Hathaway reduced its investments in Goldman Sachs and Wal-Mart Stores as the billionaire freed up cash ahead of the completion of one of his largest acquisitions. (Photograph: Daniel Acker/Bloomberg)

Warren Buffett’s Berkshire Hathaway reduced its investments in Goldman Sachs and Wal-Mart Stores as the billionaire freed up cash ahead of the comple(...)

Kraft’s net revenue fell to $4.52 billion from $4.75 billion, while Heinz’s revenue fell to $2.62 billion from $2.73 billion

Kraft Heinz, the packaged food company formed by the merger of ketchup maker Heinz and Kraft Foods said sales fell 4.9 per cent at Kraft and 4.1 per c(...)