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Tag: Kraft Heinz Co

RH shares surge after Warren Buffett’s Berkshire reveals new stake

Shares of RH surged 7.6% on Friday, a day after Warren Buffett’s Berkshire Hathaway revealed it owned 1.2 million shares of the furniture retailer at the end of the third quarter. Berkshire announced the stake in a filing with the Securities and Exchange Commission. The stock of RH, formerly known as Restoration Hardware, has rallied …

RH shares surge after Warren Buffett’s Berkshire reveals new stakeRead More

Kraft Heinz (KHC) earnings Q3 2019 beat estimates

Kraft and Heinz products Scott Olson | Getty Images Kraft Heinz on Thursday reported quarterly earnings that topped analysts’ expectations, but sales continued to decline as executives formulate a turnaround plan. Shares of the company jumped 11.3% in morning trading. As of Wednesday’s close, shares were down by about 33% this year, giving the food …

Kraft Heinz (KHC) earnings Q3 2019 beat estimatesRead More