The hotel sector has been through three challenging years. First came the pandemic’s closed doors, disruption and plunging sales, then followed cost inflation, labor shortages and margin pressures. Now, near-term demand must reckon with weak consumer confidence. No wonder hotel numbers are shrinking; the latest report from market research group CGA and consultancy AlixPartners found … Read more
Text size Bed Bath & Beyond stock is falling Tuesday amid continued worries about its future. Joe Raedle/Getty Images Another day, another report warning that a Bed Bath & Beyond bankruptcy filing could be imminent. Shares of the beleaguered retailer are falling. Bed Bath & Beyond stock has fallen 7% to $2.67 cents at 10:27 … Read more
Bed Bath & Beyond‘s (BBBY -1.36%) stock plunged more than 80% over the past 12 months as its chances for survival dimmed with every passing quarter. The big-box retailer struggled to keep pace with Amazon, Walmart, Targetand other better-run retailers, and it failed to renovate its stores, refresh its products, and expand its e-commerce presence … Read more
jetcityimage This past week Bed Bath & Beyond (NASDAQ:BBBY) received a default notice from JPMorgan on one of their primary credit facilities. The default notice in combination with a bond interest payment due on February 1st means a bankruptcy filing is likely to be imminent. Due to a significant drawdown in assets over the past … Read more
Text size Bed Bath & Beyond stock was up about 15% so far this year near midday on Monday. Michael M Santiago/Getty Images The past month has been a wild ride for Bed Bath & Beyond investors, with the share price surging in response to what most people would consider bad news. Since the home … Read more
Bed Bath & Beyond (BBBY 21.15%) just announced that it has received a default notice from a key lender. Management has stated that bankruptcy risk is very high over the coming year. But bankruptcy is normally a slow-moving process that drags on and on — only at the very end will it speed up dramatically. … Read more
Bed Bath & Beyond Inc (BBBY) stock has fallen -80.77% over the last 12 months, and the average rating from Wall Street analysts is a Sell. Investors Observer’s proprietary ranking system, gives BBBY stock a score of 7 out of a possible 100. That rank is influenced by a long-term technical score of 4. BBBY’s … Read more
Text size Intel shares slumped after the chip maker issued a gloomy forecast. Courtesy of Intel Corporation Stock futures fell Friday after intel reported a fourth-quarter loss and issued a gloomy forecast. Equities posted strong gains Thursday following better-than-expected US economic growth. These stocks were poised to make moves Friday: intel (INTC) was down 9.1% … Read more
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Bed Bath & Beyond shares plunged Thursday after a fresh warning about its struggling financial condition. The struggling housewares retailer said it lacked funds to pay down debt, and JPMorgan said it was in loan default. Bed Bath & Beyond has already said it may have to file for bankruptcy. Loading Something is loading. Thanks … Read more