Urgent.News

What's breaking now, across thousands of outlets.

Finance & Markets

Kraft Heinz Faces a $7.4 Billion Impairment Charge. Is the 6.2% Yielding Stock a Value Trap or a No-Brainer Buy in August?

Kraft Heinz hasn't performed well since the 2015 merger.

We haven't written up this one. Motley Fool has the full story — the link below goes straight to it.

Also reported by 1 other outlet

Read the original at fool.com →

More in Finance & Markets

TCI puts $636m into Italian luxury hotel debt

Sir Christopher Hohn’s TCI has built a $636m portfolio of loans backed largely by Italy’s most exclusive hotels, giving the hedge fund exposure to a luxury hospitality market benefiting from strong…

  • TCI invests $636m in Italian luxury hotel debt
  • $392m loan secures historic Hotel Danieli in Venice
  • Luxury hotel sector in Italy sees 53% revenue growth

More from Tuesday 18 August →