Gadfly

Even though Intel Corporation (NASDAQ: INTC) can afford to fork over $15 billion to acquire Mobileye NV (NYSE: MBLY), there are two questions that need to be answered. Did Intel overpay? Did Intel have to pursue the acquisition? Gadfly's Shira Ovide noted that while Intel can finance the all-...

Investors weren't wrong in their thinking that the closure of The Sports Authority and Golfsmith would benefit some of the sporting goods retailers remaining in the game, such as Dicks Sporting Goods Inc (NYSE: DKS). In fact, as noted by Gadfly's Shelly Banjo, Oppenheimer's retail analyst Brian...

Buyers of new cars are now straddled with a record high amount of loan, thus widening the gap between the average loan amount for a new vehicle and used vehicle. Record Differential The latest "State of the Automotive Finance Market" report from Experian released on Thursday showed that average...

Snap, the parent company of the social media platform Snpachat, will begin listing its shares on the New York Stock Exchange next week. To some investors buying into the IPO gives investors access to a rapidly growing social media empire that is beloved by the coveted millennial demographic....

Snapchat's parent company Snap Inc. has officially filed for an initial public offering, but the list of multi-billion -dollar companies that choose to remain private is still notable. One of the companies expected to file for an IPO in 2017, the streaming music provider Spotify, is reportedly...

Tom Brady and the New England Patriots emerged the winner of Super Bowl LI, but there were other winners not dominating the headlines. According to Gadfly's Shire Ovide and Rani Molla, technology companies combined for 15 commercials during the big game, up from 13 a year ago. In fact, tech...

Many market research firms argue that the drone industry appears poised for growth over the coming years, but taking a closer look at some of the leading companies in the space paints a different picture. According to Gadfly's Leila Abboud, the "once-hyped" drone industry is experiencing a "chill...

Apple Inc. (NASDAQ: AAPL) is said to be eyeing an entry into Hollywood. Thursday's chatter marks "approximately the 400th attempt by Apple to become a significant entertainment company." According to Gadfly's Shira Ovide, Apple has been in talks with media companies and cable TV providers for years...

Valeant Pharmaceuticals Intl Inc (NYSE: VRX) announced an agreement to sell its CeraVe, AcneFree and AMBI Skincare brands to L'Oreal SA (ADR) (OTC: LRLCY) for $1.3 billion. According to Gadfly's Andrea Felsted, the $1.3 billion price tag on the deal is worth it for the France-based consumer goods...

Boeing Co (NYSE: BA) will naturally be one of the most notable victims of any retaliatory action taken by the Chinese government in response to any potential future trade war initiated by President-elect Donald Trump. This line of thought does hold some merit given the fact that the airplane maker...

If you are a financial executive with experience at the C-level, the following companies may want your services: Kohl's Corporation (NYSE: KSS), Coach Inc (NYSE: COH), Nordstrom, Inc. (NYSE: JWN), Whole Foods Market, Inc. (NASDAQ: WFM) and privately-owned Neiman Marcus. According to Gadfly's Shelly...

Shares of Kate Spade & Co (NYSE: KATE) soared higher on Wednesday after the designer and marketer of high-end accessories and apparel was said to be exploring strategic alternatives, including a sale of itself. On Thursday, a Bloomberg report suggested that the company will begin the sales...