A-Brands - Kraft Heinz

Kraft Heinz Brings Back Former CFO, Paulo Basilio

Kraft Heinz Co's newly-appointed chief executive officer replaced finance chief David Knopf on Monday in what he said was a strategic decision, naming the...

Kraft Heinz Reports 51% Slump In First-Half Profit

Kraft Heinz Co's net income halved in the first six months the year as the packaged food maker disclosed well over $1 billion in charges and writedowns in...

Kraft Heinz Launches Sale Of Baby Food Unit: Sources

U.S. packaged food giant Kraft Heinz has launched the sale of its baby food brand Plasmon with preliminary bids due by the end of next week, two sources cl...

Kraft Heinz To Restate Nearly Three Years Of Financial Reports After Investigation

Kraft Heinz Co will restate financial reports for a near three-year period to fix errors that resulted from lapses in procurement practices by some of its...

Kraft Heinz's New CEO Looks Beyond Cost-Cutting And Big Merger and Acquisitions

Kraft Heinz Co's incoming chief executive, Miguel Patricio, is indicating a change in strategy for the packaged food company that could move it away from t...

Kraft Heinz Appoints Anheuser-Busch Marketing Chief As New CEO

Kraft Heinz Co has announced plans to replace chief executive Bernardo Hees with Anheuser-Busch InBev marketing chief Miguel Patricio, as one of the world'...

Falling Stocks, Kraft Heinz Trigger Huge Berkshire Loss

Sinking stocks and deteriorating prospects from an investment in Kraft Heinz Co pummelled the bottom line of Warren Buffett's Berkshire Hathaway Inc, which...

Kraft Heinz Forecasts Gloomy 2019, Writes Down Value Of Iconic Brands

Shares of Kraft Heinz Co slumped 20% on Thursday after the food company posted a quarterly loss, disclosed an SEC investigation and wrote down the value of...