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Kraft Heinz (NASDAQ: KHC) is an attractive dividend stock for investors. It offers a high yield of 4.4%, which is more than three times the S&P 500 average of 1.4%.
One of the final black eyes came in February 2019, when Kraft Heinz took a $15.4 billion write-down on its Oscar Mayer cold cuts, natural cheese, and Canadian retail businesses. Shares crashed ...
The all-resulting news made the company's stock crash more than 20% in after-hours trading. The stock plunge resulted in Berkshire Hathaway , the largest stockowner, recording a write down of $3 billion and a stock value loss of $4.3 billion just a day before Berkshire Hathaway's quarterly earnings and annual report to investors.
Kraft Heinz’s latest ... Click here for the latest stock market news and in-depth analysis, including events that move stocks. Read the latest financial and business news from Yahoo Finance.
Trading 20% from its highs, another food retailer investors will be watching this earnings season is Kraft Heinz (KHC). The company is set to report its Q3 earnings on October 26.
Ketchup from the cloud: Kraft Heinz debuts 'Remix,' its personalized sauce dispenseraol.com- Kraft Heinz CEO on Warren Buffett and the mac-and-cheese maker's turnaroundaol.com
- Kraft Heinz debuts 3 spicy ketchups, part of innovation push to drive $2B in salesaol.com
- Kraft Heinz Lunchables to be part of the National School Lunch Program this fallaol.com
Kraft Heinz (KHC) closed at $37.70 in the latest trading session, marking a +0.8% move from the prior day.
On March 25, 2015, Kraft Foods Group Inc. announced that it would merge with the H.J. Heinz Company, owned by 3G Capital and Berkshire Hathaway Inc. Kraft's shares rose about 17 percent in premarket trading after the announcement of the deal, which will bring Heinz back to the public market following its takeover over two years prior.
Kraft Heinz (KHC) closed the most recent trading day at $43.96, moving -0.07% from the previous trading session.
Official Kraft Heinz Company – present day successor corporation. Hoover's.com: Kraft Foods Inc. Fact Sheet; KFT:US Bloomberg News.com: Kraft Foods Inc; Businessweek.com: KFT:New York; Financial Times.com: Kraft Foods Inc; The New York Times.com: Kraft Foods Inc. — collected news and commentary.
Kraft's revenue growth has stagnated in the years since it merged with Heinz as consumers shun older, established brands for newer products, cheaper private label brands and non-processed and ...