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 … Read more

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 … Read more

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 … Read more

Bed Bath & Beyond merchandise problems could cripple turnaround plan

A person exits a Bed Bath & Beyond store in New York City, June 29, 2022. Andrew Kelly | Reuters Bed Bath & Beyond is betting on a drastic change in strategy and well-recognized brands to revive its struggling business. But the retailer’s strained relationships with suppliers of products such as air fryers and stand-mixers … Read more

5 things to know before the stock market opens Friday

Here are the most important news items that investors need to start their trading day: Traders work on the floor of the New York Stock Exchange during afternoon trading on September 13, 2022 in New York City. Michael M. Santiago | Getty Images News | Getty Images 1. Stock futures fall Wall Street was headed … Read more

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 … Read more

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 initiation … Read more

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. … Read more

Express, Snap, Rocket Lab and more

Check out the companies making headlines in midday trading. Bed Bath & Beyond – Shares of the beleaguered retailer tumbled 19.8% after it outlined a strategic plan that only confirmed investor fears that the company will struggle to turn around its business. Bed Bath also filed to sell an undisclosed amount of stock in the … Read more

Bed Bath & Beyond announces store closures, layoffs and new financing in push to fix struggling business

A Bed Bath & Beyond store is seen on June 29, 2022 in Miami, Florida. Joe Raedle | Getty Images News | Getty Images Bed Bath & Beyond said Wednesday that it secured more than $ 500 million in new financing and that it is closing stores and laying off staff as it seeks to … Read more