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Donald Trump Will Be President: What's Next For The Fed?
Wednesday, November 9, 2016 - 11:10am | 330President-elect Donald Trump created a bit of a feud with Janet Yellen and the Federal Reserve, which now creates a bit of an awkward situation. So now what? According to Gadfly's Marcus Ashworth, it may be business as usual at the Federal Reserve. Ashworth noted that the two-year Treasury is...
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Biopharmaceutical Investors Among The Most Fed Up With The Election
Tuesday, November 8, 2016 - 1:53pm | 322Voting for the U.S. presidential election is underway and one group of investors couldn't be more relieved that the end is in sight. As noted by Gadfly's Max Nisen, the iShares NASDAQ Biotechnology Index (ETF) (NASDAQ: IBB) has fallen 23 percent year-to-date while the Bloomberg...
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Gadfly: Priceline's $941 Million Write-Down Is A Bad Sign For Prospective Takeover Targets
Tuesday, November 8, 2016 - 11:05am | 339While investors are cheering Priceline Group Inc's (NASDAQ: PCLN) third quarter results, one aspect of the report appears to be overlooked. In Priceline's report, the company wrote down the value of OpenTable by $941 million, which is more than one third of what it paid for the company...
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Is Amazon Approaching Peak Prime Membership?
Thursday, October 27, 2016 - 3:29pm | 270It's common logic that at some point every Amazon.com, Inc. (NASDAQ: AMZN) consumer that plans on purchasing a Prime membership has already done so. In fact, this event may be coming sooner than expected, at least according to Gadfly's Shelly Banjo. According to Banjo, more than 65...
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GE's Textbook Financial Discipline In Bidding For SLM Solutions
Thursday, October 27, 2016 - 10:19am | 375General Electric Company (NYSE: GE) proposed in early September to acquire two suppliers of additive manufacturing equipment, Arcam AB and SLM Solutions Group for $1.4 billion. Elliott Management, an activist investor and SLM Solutions shareholder initially opposed the deal, arguing the proposed...
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United Technologies Among The Few Industrial Companies That Impressed Investors
Wednesday, October 26, 2016 - 12:08pm | 415The list of industrial companies that shocked and disappointed the Street is quite notable. Honeywell International Inc. (NYSE: HON) provided a downbeat forecast in early October, Dover Corp (NYSE: DOV) similarly guided its earnings to fall short of estimates. General Electric Company (NYSE: GE...
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AT&T's Big Media Nightmare Scenario
Wednesday, October 26, 2016 - 11:29am | 387Many investors love AT&T Inc. (NYSE: T)'s stock, not because of its business model or growth strategy, but rather because it offers an attractive 5 percent dividend yield, a history of increasing its dividends and little volatility in its stock price. Gadfly's Michael Regan further...
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AT&T Is Paying Top Dollar For Time Warner And Has Zero Room For Error
Monday, October 24, 2016 - 12:39pm | 463AT&T Inc.'s (NYSE: T) core business is bleeding market share as rivals T-Mobile US Inc (NASDAQ: TMUS) and Sprint Corp (NYSE: S) are offering superior unlimited data packages to clients. Meanwhile, AT&T is succeeding in bringing in video customers through its DirecTV segment, which...
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McDonald's Q3 Shows Some Concerning Trends
Friday, October 21, 2016 - 1:40pm | 406McDonald's Corporation (NYSE: MCD) reported on Friday third-quarter results, which sufficiently satisfied investors' appetite to the point where shares gained more than 2 percent. According to Gadfly's Shelly Banjo, investors are treating McDonald's stock like filet mignon as opposed to what it...
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Sam Adams' Earnings Were 'Brewtal' And 'Falling Flat'
Friday, October 21, 2016 - 12:30pm | 402Are you ready for some beer-stock related puns? According to Gadfly's Tara Lachapelle, Boston Beer Company Inc (NYSE: SAM), the parent company behind the Sam Adams brand of beer, reported its third-quarter earnings results on Thursday, which were "brewtal" as its revenue is "falling flat." The...
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Are Restaurants In Trouble? Gadfly's Shelly Banjo Thinks So
Friday, October 21, 2016 - 11:36am | 456Gadfly's Shelly Banjo is very blunt in her take on the restaurant sector. Investors should expect to see continued pain as the group continues to report its third-quarter earnings. According to Banjo, sales growth at North American restaurants during the second quarter happened to be the slowest...
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Saudi Arabia's $17.5 Billion Bond Sale The Largest Ever By An Emerging Market Country
Thursday, October 20, 2016 - 11:43am | 326Saudi Arabia sold $17.5 billion worth of bonds to international investors, marking the largest debt offering ever by an emerging market economy. According to Gadfly's Marcus Ashworth, Saudi Arabia earned high scores in its first ever debt raise and set an appropriate tone not only for future debt...
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Did You Notice That Netflix's Q3 Marks The Worst Stretch Of Net Customer Adds In 5 Years?
Tuesday, October 18, 2016 - 2:50pm | 413Netflix, Inc. (NASDAQ: NFLX) must have done everything right in its third quarter for the stock to soar nearly 20 percent, right? According to Gadfly's Shira Ovide, the answer is a clear no; there is a lot that is very wrong with Netflix's earnings report. For starters, Netflix added fewer than 500...
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Did Wells Fargo's CEO Stumpf 'Take One For The Team?'
Thursday, October 13, 2016 - 10:24am | 413Wells Fargo & Co (NYSE: WFC) needed to do something drastic to its management roster to put behind its fake-account opening style. According to Gadfly's Michael Regan, it was "obvious" that the bank's CEO John Stumpf couldn't contain the backlash if he continues to serve as the company's...
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Strained U.S.-Russia Relationship Is A Problem For Exxon Mobil
Wednesday, October 12, 2016 - 11:06am | 425The relationship between the United States and Russia appears to have taken a turn for the worse as of late, and one American company, Exxon Mobil Corporation (NYSE: XOM) is likely to find itself in a difficult position. According to Gadfly's Liam Denning, Exxon's current CEO Rex Tillerson spent...