Kraft to delay second-quarter earnings filing

8:56 AM ET Thu, 8 Aug 2019

Shares of Kraft Heinz fell 7% on Thursday, after it said it was delaying its quarterly filing and disclosed write-downs totaling $1.22 billion. CNBC's "Squawk Box" reports and Tom Farley, former NYSE president and current chairman and CEO of Far Point, joins with his analysis.