Kraft Heinz backer 3G Capital faces reality: Brutal cost-cutting isn't enough

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Kraft Heinz says it faced pressure from suppliers, delayed projects and rising costs. Investors wonder if there's a bigger problem.

 

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CFO is 29 fucking years old!!!!!!!

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Kraft Heinz forecasts gloomy 2019, writes down value of iconic brandsShares of Kraft Heinz Co slumped 20 percent on Thursday after the food company p... I only use Whataburger ketchup now.. dont forget the cheese but it is expensive on the defensive typing down extensive rhymes to pass the time please dont tell me your on the wine dont know my sign dont know what to eat but onion soup puts me to sleep God was 1000 years ago i keep laying low not much to show got my What? I live on ketchup sandwiches
Source: Reuters - 🏆 2. / 97 Read more »

Kraft Heinz plunges; Berkshire Hathaway earnings; Economy worriesToday’s top business headlines with ChristineRomans: - High level trade talks continue in Washington - Kraft-Heinz reveals SEC investigation - US existing home sales hit three-year low - Tesla Model 3 loses Consumer Reports recommendation ChristineRomans Shame on you CNN! Endless coverage of the empire actor and hardly any coverage of the USCG skinhead. Get your f’ng priorities right! ChristineRomans CNN is no longer my choice for news. Word is that your network is jumping on the trump train. Sad. ChristineRomans Because most of the houses for sale are defective of fraudulent transfer corrupt by county recorder, notaries,realtors, escrow, court and illegal agent to steal property of innocent people, HELLO!!!! Justice ! Wake up or get lost, this is disgraceful system.
Source: CNN - 🏆 4. / 95 Read more »

Dow set to rebound | Kraft Heinz tanks | Trump joins trade talksU.S. stock futures point to a higher Wall Street open, which could lead the Dow to its first nine-week winning streak since 1995. Rebound off more of the same Trade 'Talk' BS bubble you guys made
Source: CNBC - 🏆 12. / 72 Read more »

Kraft Heinz shares tank 20 percent after SEC probe and $15 billion write-downShares in Kraft Heinz are expected to plunge when markets open Friday, after the consumer goods company said it was being investigated by U.S. regulators and it reported a massive loss. What did they do? I don’t think I wanna know.. They should be run out of all countries for what they did to tomatoes.
Source: NBCNews - 🏆 10. / 86 Read more »

Warren Buffett's Berkshire Hathaway loses more than $4 billion in single day on Kraft Heinz plungeWarren Buffett’s Berkshire Hathaway loses more than $4 billion in single day on Kraft Heinz plunge.
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Wall St. opens slightly higher, Kraft Heinz weighs on consumer staplesU.S. stocks opened slightly higher on Friday on hopes of a trade deal between th... Again.....
Source: Reuters - 🏆 2. / 97 Read more »

Kraft Heinz write-down puts focus on years of cost cuts, shares slumpKraft Heinz Co shares fell 20 percent on a slew of bad news, mainly centering on... But wasn’t there a bottle of Heinz in the Trump omelette photo? Thought that would make the stock soar. Is this the start of how the NE Patriots dominance will begin to decline? Satans ketchup
Source: Reuters - 🏆 2. / 97 Read more »

Warren Buffett's Berkshire Hathaway loses more than $3 billion in single day on Kraft Heinz plungeKraft is Berkshire's sixth-largest holding behind Apple, a few banks and Coca-Cola. Ooo, ok. I got it. Forecasted. BAM! mr_jettlife
Source: CNBC - 🏆 12. / 72 Read more »

Wall Street doubts Kraft Heinz after it writes down two of its best known brandsKraft Heinz wrote down $15.4 billion in value on its Kraft and Oscar Mayer Brands in the fourth quarter. Wall Street analysts are doubting whether the company's cost-cutting strategy can work in today's competitive landscape. Are you saying they can't cut the Mustard What kind of monster puts ketchup on top of sauerkraut? Please don’t show somebody putting ketchup on a hot dog ever again. This is a crime against humanity. JoeSquawk
Source: CNBC - 🏆 12. / 72 Read more »

Kraft Heinz tanks after disclosing SEC subpoena over accounting policiesSubpoenaed entities always feel defensive. That’s how HART (Honolulu Authority for Rapid Transportation) must feel after they received their second subpoena regarding Honolulu’s most expensive Civil project, the &9.2 Billion Rail. StarAdvertiser This is what happens when you hire a 20 year old cfo Can they be the only one
Source: CNBC - 🏆 12. / 72 Read more »