Kraft Heinz Reveals $15 Billion Write-Down and S.E.C. Accounting Inquiry

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Kraft Heinz Reveals $15 Billion Write-Down and S.E.C. Accounting Inquiry

Kraft also cut its dividend, and its chief financial officer said he expected the company to “take a step backwards in 2019.” Shares fell 11 percent in after-hours trading.

Source: NYT > Business – REUTERS

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