Bed Bath & Beyond Appoints Interim CEO, Seeks Permanent Successor Bed Bath & Beyond Appoints Interim CEO, Seeks Permanent Successor
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
Novan Surges 71% – Secures Non-Dilutive Financing from Largest Shareholder That Allows It to Advance Studies Novan Surges 71% – Secures Non-Dilutive Financing from Largest Shareholder That Allows It to Advance Studies
7-Year Auction Awarded at 2.426% Tailing with Decent, But Sub-Par, Results 7-Year Auction Awarded at 2.426% Tailing with Decent, But Sub-Par, Results

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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 […]

Novan Surges 71% – Secures Non-Dilutive Financing from Largest Shareholder That Allows It to Advance Studies

Novan Surges 71% – Secures Non-Dilutive Financing from Largest Shareholder That Allows It to Advance Studies

Novan (NOVN) soared more than 71% after the company said it secured up to $35 million in non-dilutive capital from Reedy Creek Investments LLC to advance Novan’s late-stage dermatology assets. Of that total, it said $25 million is available immediately and $10 million is contingent upon achieving positive Phase 3 […]

7-Year Auction Awarded at 2.426% Tailing with Decent, But Sub-Par, Results

7-Year Auction Awarded at 2.426% Tailing with Decent, But Sub-Par, Results

The Treasury auctioned $32 billion 7-year notes, with the results decent but below average and expectations for a strong showing. The note stopped at 2.426%, tailing from the 2.421% when-issued reported at the deadline as buyers required a higher yield versus 2.281% at the March 28 sale. The sale caps […]

MarineMax Lowers Fiscal 2019 EPS Guidance As Q2 EPS Misses Estimates

MarineMax Lowers Fiscal 2019 EPS Guidance As Q2 EPS Misses Estimates

Shares of MarineMax (HZO) were down more than 15% Thursday after the recreational boat and yacht retailer booked a fiscal Q2 diluted EPS of $0.23, falling from last year’s $0.27 and missing the $0.31 average estimate from analysts polled by Capital IQ. Revenue for the period, meanwhile, increased to $303.6 […]

Hershey’s Stock Surged to Record as Q1 Adjusted EPS, Revenues Beat Forecasts

Hershey’s Stock Surged to Record as Q1 Adjusted EPS, Revenues Beat Forecasts

Hershey Co. (HSY) reported a Q1 adjusted EPS of $1.59, up from $1.41 in the year-earlier period and ahead of Street expectations for $1.46 compiled by Capital IQ. Revenue in the period rose to $2.02 billion from $1.97 billion in the year-earlier period, beating forecasts for $2 billion. The company […]