Gadfly

Kellogg Needs Brands That Don't Snap, Crackle, Flop: Gadfly

Kellogg Co.'s newly minted CEO Steve Cahillane signed off on a $600 million deal for protein bars just four days into the job, a purported message to inves...

Kraft Heinz Is One Model, But Not Necessarily The Best: Gadfly

As the biggest packaged-food companies scramble to post satisfactory growth figures and maintain grocery shelf space -- potentially by resorting to risky a...

Walmart's U.K. Problems Can't Be Solved With Pricey M&A: Gadfly

Wal-Mart Stores Inc.'s incursion into the U.K. via the 1999 purchase of Asda left it with a giant supermarket that's been losing market share amid intensif...

Tesco Has A Long Campaign Before Booker's In The Bag: Gadfly

Forget Brexit, when it comes to Tesco Plc, it's all about Booxit: Will the U.K. supermarket chain be able to convince investors to back its almost 4 billio...

Grocery Giant Is About To Write Off Its Darkest Chapter: Gadfly

Tesco Plc is close to settling with prosecutors over its 2014 profit overstatement. The retailer could, within weeks, strike a deal with Britain's Serio...

Big Tobacco's $49 Billion Megadeal Is A Real Drag: Gadfly

Reynolds American Inc. has pushed British American Tobacco Plc to the limit in securing a $49 billion takeover offer from its U.K.-based cigarette peer. Th...

UK Supermarkets Brace for Food Price Hikes: Gadfly

Marmageddon, Toblerone-gate, shrinking fish fingers. Get ready for more food fights. The 12% slump in sterling following Britain's vote to leave the Eur...

InBev's $9 Billion SAB Currency Hit Was Money Well Spent: Gadfly

AB InBev is $9 billion down, so far, on a currency hedge the brewer arranged for its 79 billion-pound ($105 billion) takeover of rival SABMiller. But it wo...