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Kraft Heinz writes down $1 bln

Thursday, August 08, 2019 - 01:00

Kraft Heinz shocked Wall Street again Thursday as the packaged food maker took a $1.2 billion write down for several business units and withdrew its full-year forecast. As Fred Katayama reports, that sent its already reeling shares further south.

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Kraft Heinz shocked Wall Street again Thursday as the packaged food maker took a $1.2 billion write down for several business units and withdrew its full-year forecast. As Fred Katayama reports, that sent its already reeling shares further south.

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Kraft Heinz writes down $1 bln

Thursday, August 08, 2019 - 01:00