> Indian Insurance: Wall Street doubts Kraft Heinz after it writes down two of its best known brands

Friday, February 22, 2019

Wall Street doubts Kraft Heinz after it writes down two of its best known brands

Kraft 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.

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