Rivian, Teladoc, Bed Bath & Beyond, Walmart

Here are Friday’s biggest calls on Wall Street: DA Davidson initiates Teladoc as buy DA Davidson said it sees upside for the the telehealth company. “COVID created unprecedented tailwinds for the market, which turned into headwinds; we believe we are now at stable to growing penetration rates for telehealth, and that Teladoc is well-positioned to … Read more

Bed Bath & Beyond discontinues Wild Sage private brand as it tries to improve sales

A person enters a Bed Bath & Beyond store on October 01, 2021 in the Tribeca neighborhood in New York City. Michael M Santiago | Getty Images Bed Bath & Beyond is axing one of its private labels, Wild Sage, about a year after the company made an aggressive push into exclusive brands, at the … Read more

Challenges facing ousted Bed Bath & Beyond CEO quickly became ‘insurmountable’

Mark Tritton, who has been ousted as Bed Bath & Beyond’s chief executive officer after less than three years, faced a hugely challenging set of circumstances at the struggling home retailer, according to Carol Spieckerman, president of retail advisory firm Spieckerman Retail. “Challenges that initially seemed surmountable, quickly became insurmountable,” Spieckerman told MarketWatch. Triton’s attempts … Read more

Bed Bath & Beyond stock jumps on report company received a bid for Buybuy Baby unit

A view of the atmosphere during the Whitney Port & Bundle Organics #MomAsYouAre buybuyBABY product launch on November 17, 2018 in Torrance, California. Randy Shropshire | Getty Images Bed Bath & Beyond’s shares have jumped on news that the company is considering offers to buy its BuyBuy Baby business. The news was reported by The … Read more

Bed Bath & Beyond (BBBY) Q4 2021 earnings

Bed Bath and Beyond on Wednesday reported a surprising holiday-quarter loss, as the company ran low on inventory and struggled to move merchandise out of congested ports and onto shelves. Shares fell more than 3% in premarket trading. CEO Mark Tritton said out-of-stock merchandise caused the company to miss out on about $175 million in … Read more

Bed Bath & Beyond strikes deal with activist investor Ryan Cohen

A person enters a Bed Bath & Beyond store on October 01, 2021 in the Tribeca neighborhood in New York City. Michael M Santiago | Getty Images Bed Bath & Beyond announced Friday that it has struck a deal with activist investor Ryan Cohen, sending shares of the company up more than 8% in premarket … Read more