Financial News

Bed Bath & Beyond Appoints Interim CEO, Seeks Permanent Successor

Bed Bath & Beyond Appoints Interim CEO, Seeks Permanent Successor

Bed Bath & Beyond (BBBY) on Monday said 27-year company veteran Steven Tamares has stepped down from his chief executive position and left the company’s board, and that Mary Winston, a public-company executive who recently joined the board, has been appointed interim CEO. The retailer, with 1,500 locations in North […]

Investors Drive $60 Billion From Retail-Focused Equity Mutual Funds But Goldman Sees Sentiment Shift

Investors Drive $60 Billion From Retail-Focused Equity Mutual Funds But Goldman Sees Sentiment Shift

Individual investors have driven $60 billion out of retail-focused equity mutual funds so far this year but they also have the most potential to buy stocks in the second half of the year as sentiment among the group begins to shift, Goldman Sachs said. Equity funds have had net outflows […]