Bed Bath & Beyond Inc.

Walmart, Taiwan Semiconductor, Netflix, Carnival and more

Bing Guan | Bloomberg | Getty Images Check out the companies making the biggest moves midday. Walmart — Shares of retailer Walmart jumped more than 7% after reporting quarterly earnings that beat Wall Street’s expectations and raising its forward guidance. The company reported adjusted earnings per share of $1.50 on $152.81 billion in revenue, where …

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Bed Bath & Beyond appoints interim CEO Sue Gove to position permanently

A person exits a Bed Bath & Beyond store in New York City, June 29, 2022. Andrew Kelly | Reuters Bed Bath & Beyond said Wednesday that it has appointed interim Sue Gove to the position permanently. Shares fell about 10% in premarket trading on Wednesday after the announcement. The stock has fallen about 63% …

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Dow tumbles 600 points as stock market wipes out Wednesday bounce

US stocks extended losses in afternoon trade on Thursday after a batch of economic data reinforced expectations the Federal Reserve will continue to aggressively raise interest rates in its bid to get inflation under control. How stocks are trading The Dow Jones Industrial Average DJIA, -1.54% shed 614 points, or 2.1%, to 29,070. The S&P …

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Bed Bath & Beyond’s rare bright spot just reported a big drop in sales

A customer carries a Buy Buy Baby shopping bag in New York, US, on Thursday, Aug. 25, 2022. Gabby Jones | Bloomberg | Getty Images Buybuy Baby has been a rare bright spot for struggling Bed Bath & Beyond. On Thursday, however, the baby gear chain reported a steep quarterly sales drop — raising eyebrows …

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Apple, CarMax, Coinbase, Peloton and more

An employee arranges Apple iPhones as customer shop at an Apple store. Mike Segar | Reuters Check out the companies making headlines in midday trading. Apple — The big technology stock shed 5% following a rare downgrade by Bank of America. The bank downgraded shares of the iPhone maker to neutral and cut its price …

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Bed Bath & Beyond (BBBY) Q2 2022 earnings

Bed Bath & Beyond on Thursday said sales plunged by 28% in the fiscal second quarter, as the home goods retailer struggled to draw customers. Shares bounced around in premarket trading, as investors assessed the report. The company’s stock has been volatile, fueled in part by the meme-stock frenzy as well as drastic changes to …

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5 things to know before the stock market opens Friday, September 23

A trader works on the floor of the New York Stock Exchange (NYSE) in New York City, September 9, 2022. Brendan McDermid | Reuters Here are the most important news items that investors need to start their trading day: 1. Is this week over yet? US stock futures fell Friday, putting markets on course for …

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GameStop (GME) Q2 2022 earnings

SAN RAFAEL, CALIFORNIA – DECEMBER 08: Customers enter a GameStop store on December 08, 2021 in San Rafael, California. Video game retailer GameStop will report third quarter earnings today after the closing bell. (Photo by Justin Sullivan/Getty Images) Justin Sullivan | Getty Images News | Getty Images GameStop said Wednesday that quarterly sales declined and …

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Apple, Amazon, Bed Bath & Beyond, Netflix

Here are Wednesday’s biggest calls on Wall Street: Bank of America reiterates Boeing as neutral Bank of America said Boeing has become a turnaround story. “Balancing short-term catalysts against long-term issues and challenges is the key to understanding BA’ s stock, in our view.” Credit Suisse initiates ChargePoint as outperform Credit Suisse said in its …

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Lowe’s chief marketing officer Marisa Thalberg leaves company in shakeup

Marisa Thalberg, executive vice president and chief brand and marketing officer. Source: Marisa Thalberg Lowe’s chief marketing officer Marisa Thalberg has left the retailer as part of a broader reorganization, the company said Tuesday. The home improvement retailer has cut her role and moved its marketing team under Bill Boltz, executive vice president of merchandising. …

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