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As Grocery Stores Cut Cereal Shelf Space, Refrigerated And Frozen Foods Are Wanted Products
Friday, September 22, 2017 - 8:32am | 469When analysts at Piper Jaffray downgraded Kellogg Company (NYSE: K), they highlighted an ongoing trend that could hurt food makers: Grocery stores are redesigning stores to decrease shelf space. Move aside, dry cereals; hello there, refrigerator-cased breakfast options! Needless to say, food...
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Buffett's Losing Streak Could Corner Him Into Doing Something He Would Hate: Paying A Dividend To Berkshire's Shareholders
Tuesday, August 22, 2017 - 12:04pm | 396The best of the best aren't expected to win every time, and that applies universally, especially in corporate America. Consider for instance billionaire investor Warren Buffett's Berkshire Hathaway Inc. (NYSE: BRK-A) (NYSE: BRK-B) who proposed an acquisition of a bankrupt utility company called...
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What Will Berkshire Look Like Post-Buffett?
Saturday, May 6, 2017 - 9:13am | 552It's no secret Warren Buffett, considered by many as the world's best investor, isn't getting any younger. At the tender age of 86, Buffett eventually has to step down from his title as chairman and CEO of Berkshire Hathaway Inc. (NYSE: BRK-A) (NYSE: BRK-B). Meanwhile, Buffett's...
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Bob Evans 20% Surge, Explained
Wednesday, January 25, 2017 - 3:40pm | 286Shares of Bob Evans Farms Inc (NASDAQ: BOBE) soared by more than 20 percent Wednesday and hit a new 52-week high of $60.95 after the company announced it will sell its restaurant unit for $565 million. Gadfly's Tara Lachapelle noted that the sale of Bob Evans' restaurant chain follows...
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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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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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Gadfly Breaks Down Chipotle: Ackman's Eyes Bigger Than His Stomach
Wednesday, September 7, 2016 - 7:46am | 391Activist investor Bill Ackman disclosed a 9.9 percent stake in Chipotle Mexican Grill, Inc. (NYSE: CMG). Ackman also noted that Chipotle's stock is "undervalued" and represents an "attractive investment." According to Gadfly's Shelly Banjo and Tara Lachapelle, the...
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Lachapelle: Ackman And Icahn Are Playing A Game Of Chicken
Friday, August 26, 2016 - 11:57am | 416Carl Icahn may want to sell his winning stake in Herbalife Ltd. (NYSE: HLF) to fellow billionaire investor Bill Ackman, who made a losing $1 billion bet against the company in 2012. According to Bloomberg Gadfly's Tara Lachapelle, the real story here isn't the fact that Ackman's...
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Are Shorts Right To Attack Under Armour's Stock?
Friday, July 1, 2016 - 3:57pm | 301Under Armour Inc (NYSE: UA) is one of the most heavily shorted stock in the S&P 500. According to Bloomberg's Tara Lachapelle, short interest in the athletic apparel maker's name actually doubled in the second. More than 33 percent of Under Armour's shares outstanding are sold short, compared...
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Church & Dwight Experiences Unusual After-Hours Volatility
Tuesday, May 17, 2016 - 4:47pm | 495Shares of Church & Dwight Co., Inc. (NYSE: CHD) saw some unusual trading activity in Tuesday's post-market session. The stock experienced volatile trade during the intra-day session, and closed down about a percent at $95.53. Shortly after the close at 4 p.m. EDT, investors started...
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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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Lachapelle May See Something Cooking At Thermo Fisher…But Maybe Not?
Friday, March 4, 2016 - 3:28pm | 280According to a recent article by Tara Lachapelle in Bloomberg, a recent filing by Thermo Fisher Scientific Inc. (NYSE: TMO) may suggest the company has something up its sleeves. The S-3ASR filings, from Tuesday, could imply, according to Lachapelle, that the company is considering dipping its toes...