DIRS.INFO top alerts submit data jurnalism about API
login
Top related persons:
Top related locs:
Top related orgs:

Search resuls for: "BBBY"


12 mentions found


☆ Bed Bath & Beyond reviewing possible data breach
  + stars: | 2022-10-28 | by ( ) www.reuters.com   time to read: +1 min
Oct 28 (Reuters) - Bed Bath & Beyond Inc (BBBY.O) said on Friday a third party had this month improperly accessed its data through a phishing scam by accessing the hard drive and certain shared drives of one of its employees. The big-box retailer said it was reviewing the data that was accessed so it can determine whether the drives contained any sensitive or personally identifiable information. The home goods retailer added it has no reason to believe that any sensitive or personally identifiable information was accessed and this cybersecurity incident would likely not have a material impact on the company. Shares of the company, once considered a so-called "category killer" in home and bath goods, were down about 5% in premarket trading after the company filed to offer $150 million of common stock. Reporting by Ananya Mariam Rajesh in Bengaluru; Editing by Krishna Chandra EluriOur Standards: The Thomson Reuters Trust Principles.
☆ Bed Bath & Beyond interim CEO Sue Gove to take on role permanently
  + stars: | 2022-10-26 | by ( ) www.reuters.com   time to read: 1 min
Oct 26 (Reuters) - Home goods retailer Bed Bath & Beyond Inc (BBBY.O) said on Wednesday that interim Chief Executive Sue Gove will keep the role permanently. Gove was named the interim CEO in June after the company replaced Mark Tritton in a management shake-up to reverse a slump in its business. Gove was previously the head of the strategy committee and an independent director in the company. The company said the appointment was unanimous and she will remain on its board. Reporting by Ananya Mariam Rajesh in Bengaluru; Editing by Shailesh Kuber and Sriraj KalluvilaOur Standards: The Thomson Reuters Trust Principles.
☆ Bed Bath & Beyond names Sue Gove as CEO
  + stars: | 2022-10-26 | by ( ) www.reuters.com   time to read: 1 min
Oct 26 (Reuters) - Bed Bath & Beyond Inc (BBBY.O) on Wednesday named Sue Gove as its president and chief executive officer. Gove had been serving as the interim CEO since June this year. Reporting by Ananya Mariam Rajesh in Bengaluru; Editing by Shailesh KuberOur Standards: The Thomson Reuters Trust Principles.
☆ What Cramer is watching Wednesday — mortgage demand collapses, tech red flags
  + stars: | 2022-10-26 | by ( Jim Cramer | ) www.cnbc.com   time to read: +5 min
What I am looking at Wednesday, Oct. 26, 2022 Worst mortgage demand since 1997 . Early, weaker quarterly summary on tech Tuesday evening from Club holdings Alphabet (GOOGL) and Microsoft (MSFT). No longer in early innings of the cloud, and cloud costs, especially electricity, are way up. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade. If Jim has talked about a stock on CNBC TV, he waits 72 hours after issuing the trade alert before executing the trade.
☆ Markets are losing retail traders, that's bad for stock prices
  + stars: | 2022-10-21 | by ( Nicole Goodkind | ) edition.cnn.com   time to read: +8 min
Daily average trades at companies like TD Ameritrade (AMTD) and Charles Schwab (SCHW) spiked to new highs in March 2020 and again in January 2021 and February 2021. The number of daily retail trades at Morgan Stanley fell more than 15% over the third quarter from a year earlier, to 805,000 trades a day. In Februrary 2021, Interactive Brokers registered an average of 3.7 million daily retail trades. Recent search trends on Google also show a drop in interest in the stock market. The Investor Movement Index (IMX), created by TD Ameritrade to indicate the sentiment of retail investors, fell by 7.26% during the September period.
☆ These retail chains may not survive a recession
  + stars: | 2022-10-13 | by ( Nathaniel Meyersohn | ) edition.cnn.com   time to read: +4 min
New York CNN Business —America’s retail chains have proven surprisingly strong during the pandemic. At the beginning of the pandemic, stores temporarily closed to halt the spread of Covid-19 and retail sales tumbled. “That wave of defaults effectively flushed out a lot of debt and unprofitable stores from the sector,” Sokolyanska said. Retail sales quickly recovered thanks to federal stimulus checks, growing personal savings accounts and pent-up consumer demand. Retail sales remain above pre-pandemic levels and more stores have announced openings than closings this year.
☆ Stocks making the biggest moves premarket: Apple, CarMax, Bed Bath & Beyond and more
  + stars: | 2022-09-29 | by ( Peter Schacknow | ) www.cnbc.com   time to read: +3 min
CarMax (KMX) – CarMax shares slumped 12.1% in premarket trading after the auto retailer missed estimates on both the top and bottom lines for its latest quarter. Bed Bath & Beyond (BBBY) – The housewares retailer posted a wider-than-expected quarterly loss and sales that fell short of consensus. MillerKnoll (MLKN) – MillerKnoll fell 7.3% in the premarket after its quarterly profit beat analyst estimates, although revenue fell short. Jefferies Financial (JEF) – Jefferies shares rose 1.6% in premarket action after posting a better-than-expected quarterly profit. The purchases came after Occidental shares lost about 20% of their value in less than a month.
☆ Stocks week ahead: Intel is the Dow's biggest loser
  + stars: | 2022-09-25 | by ( Paul R. La Monica | ) edition.cnn.com   time to read: +6 min
Shares of Intel (INTC) are down more than 45% this year, making it the biggest dog of the Dow. Intel (INTC) is struggling despite well-publicized plans to build more plants in the United States and hire more at home. To be fair, Intel is not the only chip company that’s having a tough time this year. But longer-term, I think Intel will right the ship,” said Jeff Travis, portfolio manager of Oak Associates Funds. Travis does think that semiconductor stocks are still a good “secular growth industry” and that valuations are now attractive given how sharply the stocks have fallen.
☆ Here's our plan for Monday after another painful week to own stocks
  + stars: | 2022-09-23 | by ( Zev Fima Jeff Marks | Zev Fima | Jeff Marks | ) www.cnbc.com   time to read: +5 min
Stocks took a beating this week as the Federal Reserve raised interest rates by another 75 basis points, the third consecutive hike of that magnitude. It wasn't the rate move — which was anticipated by the market — but Fed Chair Jerome Powell's hawkish comments on Wednesday that hurt stocks. It was the fifth losing week out of the last six for all the major stock averages, capped by another painful drop on Friday. Also Wednesday, the Federal Reserve raised the federal funds rate by another 75 basis points while maintaining its hawkish tone. ET: Personal Spending and Income (See here for a full list of the stocks in Jim Cramer's Charitable Trust is long.)
☆ Bed Bath & Beyond's merchandise problems will make it hard to pull off a turnaround this holiday season
  + stars: | 2022-09-22 | by ( Melissa Repko Lillian Rizzo | Melissa Repko | Lillian Rizzo | ) www.cnbc.com   time to read: +4 min
Over the past two years, however, Bed Bath has tested vendor relationships by making late payments, pushing aggressively into private labels and losing shoppers. Those tensions have intensified as financial troubles mounted, according to the former Bed Bath executives. Make or breakA customer carries a shopping bag outside a Bed Bath & Beyond Inc. store in Charlotte, North Carolina. Bed Bath already had a significant debt load prior to the new financing. Growing troublesCustomers carry bags from Bed Bath & Beyond store on April 10, 2013 in Los Angeles, California.
☆ What Cramer is watching Monday — bond yields up, stocks down again as Wall Street on Fed watch
  + stars: | 2022-09-19 | by ( Jim Cramer | ) www.cnbc.com   time to read: +5 min
Morgan Stanley talks about the need to show why Club holding Salesforce (CRM) should stabilize out of Dreamforce conference. I think that's wrong: it's Club holding TJX Companies (TJX), off-price retailer behind T.J. Maxx, Marshall's and HomeGoods. Bank of America says do not sell Club holding Amazon (AMZN) on FedEx (FDX) warning. How about Club holding Disney (DIS)? As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade.
☆ Consumers are still buying lots of furniture, electronics, home decor and clothing — from each other
  + stars: | 2022-08-30 | by ( Parija Kavilanz | Cnn Business | ) edition.cnn.com   time to read: +1 min
New York (CNNBusiness) Savvy consumers have found a way around sky-high inflation to keep buying more than just necessities. They're doing it by shopping for their closets, homes, outdoor spaces, home offices and workout areas not from retailers but from each other. Walmart WMT Target TGT Bed Bath & Beyond BBBY Large chains such as, andare struggling with an oversupply of merchandise and lack of demand for discretionary items like furniture, electronics, home decor and clothing. But those are exactly the categories that are in hot demand in the secondhand marketplace, according to the fourth annual industry report from OfferUp, a leading online resale marketplace. "While recommerce has become popular in culture with its use for clothing resale, our research found that 76% of items bought and sold pre-owned are not apparel and instead fall into the categories of electronics, furniture, home goods, home improvement, sporting goods, outdoor equipment and auto parts," OfferUp CEO Todd Dunlap, said in the report.
<< prev 5 next >>
Total: 12