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Mario Gabelli: 'Unbundling Is Going To Be Engineered By Cable Companies'
Thursday, March 19, 2015 - 1:41pm | 340With Apple Inc. (NASDAQ: AAPL) rumored to be starting its own streaming service, the "unbundling" pressure on cable companies seems to have increased. Mario Gabelli, Gamco Investors Inc (NYSE: GBL) founder, chairman and CEO, was on CNBC to share his thoughts on this and to discuss the...
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4 Stocks 'Super Mario' Gabelli Is Moving
Friday, February 20, 2015 - 2:30pm | 343GAMCO Investors’ Mario Gabelli was on CNBC this Friday to talk stocks; he even moved a few. The legendary billionaire, once called "the value investor's value investor" by Street Authority, likes to focus on consumer discretionary and utilities stocks, according to data from...
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The Top 15 Billionaires To Follow On Twitter
Friday, December 26, 2014 - 2:35pm | 1355In the past, transparency between billionaires and the average-Joe was considerably cloudier than today. Twitter has changed that. So, who are the best billionaires to follow on the platform? That's up to the individual user. But here's 15 to keep an eye on. 1) Carl Icahn (...
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The Top 6 Hedge Fund Managers To Follow On Twitter
Friday, December 19, 2014 - 8:26am | 1067Twitter is all about following the right people. And for investors, a newsfeed that follows a handful of hedge fund managers could be useful. 1. Carl Icahn - @Carl_C_Icahn The Chairman of Icahn Enterprises L.P. is not a very active tweeter. Nonetheless, when he does have something to say, it...
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Shares Of Boulder Brands Collapse To New 52-Week Lows On Poor Outlook
Wednesday, October 22, 2014 - 10:46am | 366Boulder Brands Inc (NASDAQ: BDBD) reported preliminary third quarter results on Wednesday morning, resulting in shares plunging more than 30 percent to new 52-week lows of $8.72. The company's announcement comes just one day after Mario Gabelli disclosed a 50 percent increase in his...
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Watch For Renewed Strength In These Two Small-Cap Value Funds
Tuesday, September 9, 2014 - 9:16am | 519There's some logic to the old investing adage about stocks and funds moving from “worst to first.” If an asset class has been a lagging performer, it's available at bargain prices. Investors often swoop in to grab shares cheaply. That buying activity, naturally, sends the...
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Three Stocks Mario Gabelli Would Buy
Tuesday, August 26, 2014 - 8:12pm | 268Speaking on CNBC, Mario Gabelli said that the current market prices are supported by fundamentals, but the Fed has also played a major role. He said at some point in time the stimulus is going to be reduced, which could lead to a take off stage in the U.S. economy. Diebold (NYSE: DBD) is one of...
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Mario Gabelli Says Bourbon Stocks Set To Rally
Tuesday, July 30, 2013 - 4:03pm | 325Mario Gabelli stopped into CNBC's The Closing Bell this afternoon to give some of his stock picks and his views on the current market. Below are some highlights: Viacom (NASDAQ: VIA) He looks at companies with cash flows that are buying back stock Viacom selling at 72, should be over 100, but...
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2013 Market Predictions From 10 Top Money Managers
Friday, February 15, 2013 - 4:17pm | 1154The stock market has had a solid start to 2013, but what do investors see for the rest of the year? Plenty of money managers prefer to keep their views private, but a few don't mind making public predictions. As most of these investors manage billions of dollars, their expectations for the market...
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Mario Gabelli: GenCorp, Legg Mason Will Double
Tuesday, February 12, 2013 - 1:43pm | 246On CNBC Tuesday morning, famed investor Mario Gabelli named two stocks that he believed could double in the near future. Gabelli is the founder of Gabelli Asset Management -- commonly referred to as GAMCO. The two stocks Gabelli named were GenCorp (NYSE: GY) and Legg Mason (NYSE: LM). GenCorp is...
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Gamco Investors' Mario Gabelli Tells Fox Business "Globalization is Where the Jobs Are"
Tuesday, November 22, 2011 - 2:55pm | 540GAMCO Investors CEO Mario Gabelli spoke with FOX Business Network's (FBN) Connell McShane and Dagen McDowell about the economic climate in both the United States and China. Gabelli said that the US needs to unleash “the power of technology through penetrating the shale area,” in order to create...
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No Sokol Concerns From Mario Gabelli (BRK-A) (BRK-B)
Friday, April 29, 2011 - 8:48am | 37On CNBC this morning, Berkshire Hathaway (NYSE: BRK-A) (NYSE: BRK-B) holder Mario Gabelli said that he does not have any concerns regarding the issues surrounding David Sokol.
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Mario Gabelli Tells Fox Business That Economic Improvement In The U.S. Has Hit "A Short-Term Hiccup"
Friday, March 18, 2011 - 1:54pm | 323Chairman and CEO of GAMCO Investors Mario Gabelli spoke with FOX Business Network's (FBN) Connell McShane and Dagen McDowell about the economic climate in the United States amidst the turmoil in Japan, Libya, and Egypt. Gabelli said that “QE2 is alive and well and is working” and it is what is...
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Gabelli Says He Wouldn't Own Apple (AAPL)
Wednesday, October 13, 2010 - 4:13pm | 277Top investor Mario Gabelli of Gabelli Funds spoke with Bloomberg Television's Tom Keene today about his media investments. Gabelli said he wouldn't own shares of Apple (NASDAQ: AAPL), which rose above $300 for the first time today, even as one of his GAMCO Investors Inc. funds holds the maker of...
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Mario Gabelli Offers His Take On Yesterday's Madness
Friday, May 7, 2010 - 10:07am | 160Mario Gabelli appeared on Fox Business Network yesterday to talk about the market meltdown. Gabelli is a famed value investor who is the founder and chairman of GAMCO Investors, a $30 billion dollar global investment firm headquartered in Rye, New York. Here are some excerpts from his appearance on...