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-0.00016165244723838 -0.000224517287831118 0.00179164795689281 0.00269869779973067 0.00073192635832964 0.00112258643915591 0.00785810507409074 0.00583744948361035
Stock impact report

Warren Buffett's successor just took a key step toward unloading Berkshire's troubled stake in Kraft Heinz [Business Insider]

The Kraft Heinz Company (KHC) 
Last the kraft heinz company earnings: 4/30 07:05 am Check Earnings Report
US:NASDAQ Investor Relations: ir.kraftheinzcompany.com/overview
This story is available exclusively to Business Insider subscribers. Become an Insider and start reading now. Have an account? Log in Berkshire took a step toward offloading one of Warren Buffett's underperforming investments. The conglomerate could sell its entire stake in Kraft Heinz, according to a new filing. Shares of the food company are down 76% from their peak in 2017, a rare misfire for Buffett. Warren Buffett's successor is kicking off his tenure by taking a step to unravel one of the Wall Street legend's rare investment missteps. Berkshire Hathaway signaled it could soon offload its position in Kraft Heinz in a new regulatory filing on Wednesday, which could allow the conglomerate to sell its entire stake in the food company. Berkshire, which owns 325 million shares of Kraft and is the company's largest shareholder, has a stake valued at around $7.3 billion, based on Kraft's stock price on Wednesday morning. Kraft represents a rare misfire in Buffett's lege Show less Read more
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