THE FRIDAY 5: Executive Shakeups at Albertsons, Nestle; Kraft Heinz Breaks Up
Summary by progressivegrocer.com
2 Articles
2 Articles
Over Warren Buffett's Objections, Kraft Heinz Is Planning to Break Up. Will the Bold Move Pay Off for the Struggling Stock? @themotleyfool #stocks $KHC $BRK.A $BRK.B
Key PointsBuffett and Berkshire helped orchestrate the merger of Kraft and Heinz in 2015, but the stock has performed terribly since then.Kraft Heinz is planning to split its condiments and sauces business from its North American grocer division.In a rare public repudiation, Buffett went on CNBC and called the split "disappointing."10 stocks we like better than Kraft Heinz › In a move that many thought could be coming, Kraft Heinz's (NASDAQ: KHC…
·Alexandria, United States
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Total News Sources2
Leaning Left1Leaning Right0Center0Last UpdatedBias Distribution100% Left
Bias Distribution
- 100% of the sources lean Left
100% Left
L 100%
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