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Best Buy's Results Were 'Downright Amazon-Like'
Wednesday, August 24, 2016 - 8:40am | 341Best Buy Co Inc (NYSE: BBY)'s stock soared nearly 20 percent on Tuesday and hit a 52-week high of $39.36 after the company reported what Bloomberg Gadfly's Shelly Banjo described as "downright Amazon-like." Related Link: Best Buy Surges On Strong Q2 Results According to Banjo, Best Buy's earnings...
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Wal-Mart Is Doing The 'Bare Minimum' To Remain A 'Dividend Aristocrat,' According To This Bloomberg Report
Tuesday, August 23, 2016 - 12:23pm | 375Wal-Mart Stores, Inc. (NYSE: WMT) may be undergoing a turnaround, which is attracting investor attention. However, dividend-focused investors may now be shying away from the stock. According to Bloomberg Gadfly's Shelly Banjo, the aggregate amount of cash Wal-Mart distributed to investors in the...
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Within 5 Years, A Majority Of Americans Will Own A Chinese Smartphone
Monday, August 22, 2016 - 11:20am | 491Recode detailed last week how China-based Huawei is looking to conquer the American market with its attractive $399 smartphone, the Honor 8. Related Link: If Apple Can Target Chinese Market, Chinese Companies Can Target The U.S. Market Huawei, one of China's most notable smartphone manufacturers...
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Wal-Mart's Turnaround Story May Be The Real Deal
Friday, August 19, 2016 - 9:15am | 388Wal-Mart Stores, Inc. (NYSE: WMT) saw its stock hit a new 52-week high of $75.19 on Thursday after a strong earnings report, which may have convinced a harsh critic to turn positive on the company. Bloomberg Gadfly's Shelly Banjo said that she doesn't "give the world's largest retailer praise...
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Is Chipotle's Free Burrito Strategy Working? Don't Ask Management; They Don't Even Know
Thursday, August 18, 2016 - 12:10pm | 354If a company doesn't know how effective a marketing campaign is going, how should investors react? This is a legitimate question Chipotle Mexican Grill, Inc. (NYSE: CMG) should be asking. According to Bloomberg Gadfly's Shelly Banjo, the casual fast food chain has been handing out millions of...
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China Was An 'Alluring Trap' For Uber
Tuesday, August 9, 2016 - 8:18am | 373It's very hard to find many success stories involving U.S. tech companies finding success in China. Alphabet Inc (NASDAQ: GOOG) and Google closed its search engine and left the country in 2010, Apple Inc. (NASDAQ: AAPL) is getting killed, and Facebook Inc (NASDAQ: FB) hasn't been given...
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Bloomberg: Tim Cook Isn't Spending Enough Time In India
Friday, August 5, 2016 - 8:12am | 319India is a mostly untapped market for Apple Inc. (NASDAQ: AAPL), but so far, the company is failing in winning over consumers in the lucrative market. According to Bloomberg Gadfly's Tim Culpan, Apple's CEO Tim Cook is struggling to win over consumers in one of the world's fastest growing...
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What Happened To All The Tech IPOs? Should Investors Be Worried?
Friday, May 20, 2016 - 2:11pm | 366There has been an alarming drop in technology companies that oversaw an initial public offering in 2016 so far. For those keeping track, only one technology, Secureworks Corp (NASDAQ: SCWX), has gone public in the United States from the start of the year through May 2016, according to Bloomberg...
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Adidas Just Had A 'Kardashian Moment'? That's What Gadfly Says
Thursday, May 12, 2016 - 4:26pm | 333Adidas AG (ADR) (OTC: ADDYY) had a "Kardashian moment," Andrea Felsted wrote in a recent Bloomberg Gadfly column. The column said German company Adidas is "pinning its hopes on a gang of soccer galacticos from Lionel Messi to Gareth Bale," stating the company has "done...
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Will WWE Ever Sell? Lachapelle Breaks It Down
Wednesday, April 6, 2016 - 3:08pm | 364A New York Post report said media mogul John de Mol has offered to buy World Wrestling Entertainment, Inc. (NYSE: WWE), but it's unclear whether WWE chairman, CEO, controlling shareholder Vince McMahon is ready to sell. The report said De Mol's Talpa Beheer last year acquired a 6...
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Gadfly: Apple Has An iPhone Problem
Monday, March 21, 2016 - 12:33pm | 327Ahead of Apple Inc. (NASDAQ: AAPL)'s event this afternoon, Bloomberg Gadfly made a bold comment: Apple has a problem. And that problem is its iPhone. "What is clear is the iPhone debut comes at an awkward time for Apple," Gadfly's Shira Ovide explained. The newest iPhone...