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BBBY

Bed Bath & Beyond

$13.87

0.17 (1.24%)

20:44
03/25/19
03/25
20:44
03/25/19
20:44

Activist firms seek to replace Bed Bath & Beyond board, CEO, WSJ says

Activist funds -Legion Partners Asset Management LLC, Macellum Advisors GP LLC and Ancora Advisors LLC - which control about a 5% stake in Bed Bath & Beyond, are preparing to begin a proxy fight to replace the entire board of the company, The Wall Street Journal's Cara Lombardo reports, citing people familiar with the matter. The activist investors contend that the company has not done enough to adapt to consumption shifting to online channels or made efforts to offer a unique experience to shoppers, the report states. The firms are also said to be looking to replace CEO Steven Temares. Reference Link

  • 10

    Apr

BBBY Bed Bath & Beyond
$13.87

0.17 (1.24%)

03/04/19
LEHM
03/04/19
DOWNGRADE
Target $13
LEHM
Underweight
Bed Bath & Beyond downgraded to Underweight from Equal Weight at Barclays
Barclays analyst Matthew McClintock downgraded Bed Bath & Beyond to Underweight from Equal Weight and lowered his price target for the shares to $13 from $15.
03/04/19
LEHM
03/04/19
DOWNGRADE
Target $13
LEHM
Underweight
Barclays downgrades Bed Bath & Beyond to Underweight with $13 target
Barclays analyst Matthew McClintock downgraded Bed Bath & Beyond to Underweight from Equal Weight and lowered his price target for the shares to $13 from $15. The analyst believes there is "limited, if any," visibility into a potential inflection point towards improving traffic trends. Further, he's "less than optimistic" that the company's gross margin can stabilize in the foreseeable future. While Bed Bath has several efficiency opportunities, these are likely not large enough to overcome a continuation of declining sales pressures, McClintock tells investors in a research note partially titled "More Holes than Swiss Cheese."
03/04/19
03/04/19
DOWNGRADE

Fly Intel: Top five analyst downgrades
Catch up on today's top five analyst downgrades with this list compiled by The Fly: 1. Bed Bath & Beyond (BBBY) downgraded to Underweight from Equal Weight at Barclays with analyst Matthew McClintock saying he believes there is "limited, if any," visibility into a potential inflection point towards improving traffic trends. 2. Hawaiian Holdings (HA) downgraded to Sell from Hold at Deutsche Bank with analyst Michael Linenberg citing increased competition given Southwest Airlines' (LUV) plans for inter-island flying. 3. Enbridge (ENB) downgraded to In Line from Outperform at Evercore ISI and to Sector Perform from Outperform at Scotiabank and National Bank. 4. SunTrust (STI) downgraded to Neutral from Buy at UBS with analyst Saul Martinez saying his Buy thesis no longer holds due to the proposed merger with BB&T (BBT). 5. Universal Health (UHS) downgraded to Neutral from Overweight at JPMorgan with analyst Gary Taylor saying while he does not have a "new active negative thesis" on the shares, he finds the stock "relatively fairly valued with limited catalysts." This list is just a portion of The Fly's full analyst coverage. To see The Fly's full Street Research coverage, click here.
03/20/19
EVER
03/20/19
INITIATION
Target $12
EVER
Underperform
Bed Bath & Beyond initiated with an Underperform at Evercore ISI
Evercore ISI analyst Oliver Wintermantel started Bed Bath & Beyond (BBBY) with an Underperform rating and $12 base case price target, stating that the company faces mounting pressure from online competition, discounters and clubs. The two largest home furnishing retailers, Walmart (WMT) and Target (TGT), "are not standing still," while Wayfair (W) and Amazon (AMZN) are "catching up fast," Wintermantel tells investors.

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NXPI

NXP Semiconductors

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-2.79 (-2.98%)

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FE

FirstEnergy

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0.31 (0.73%)

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HII

Huntington Ingalls

$202.83

-6.34 (-3.03%)

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QRVO

Qorvo

$59.38

-0.83 (-1.38%)

14:35
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Qorvo put volume heavy and directionally bearish »

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UIS

Unisys

$9.44

-0.3 (-3.08%)

14:31
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14:31
Initiation
Unisys initiated  »

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  • 25

    Sep

MAXR

Maxar Technologies

$8.20

1.05 (14.69%)

14:28
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NASA confirms contract with maximum $375M value awarded to Maxar Technologies »

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BX

Blackstone

$40.84

-0.86 (-2.06%)

, PLD

Prologis

$76.02

-0.55 (-0.72%)

14:27
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14:27
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14:27
Periodicals
Blackstone, Prologis separately bidding for U.S. unit of GLP, WSJ says »

Blackstone (BX) and…

BX

Blackstone

$40.84

-0.86 (-2.06%)

PLD

Prologis

$76.02

-0.55 (-0.72%)

03/08/13
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  • 03

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GLNG

Golar LNG

$19.17

-0.82 (-4.10%)

14:25
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Options
Golar LNG call volume above normal and directionally bullish »

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JPM

JPMorgan

$107.68

-3.11 (-2.81%)

14:24
05/23/19
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Periodicals
JPMorgan severs ties with OxyContin maker Purdue Pharma, Reuters says »

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  • 29

    May

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MAXR

Maxar Technologies

$8.04

0.89 (12.45%)

14:18
05/23/19
05/23
14:18
05/23/19
14:18
Hot Stocks
Breaking Hot Stocks news story on Maxar Technologies »

Maxar Technologies…

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$NSD

NASDAQ Market Internals

$0.00

(0.00%)

14:17
05/23/19
05/23
14:17
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14:17
Technical Analysis
NASDAQ market internals summary »

Volume is above average…

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FL

Foot Locker

$53.15

-1.05 (-1.94%)

14:16
05/23/19
05/23
14:16
05/23/19
14:16
Recommendations
Foot Locker analyst commentary at Canaccord »

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  • 24

    May

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    Jul

$NYE

NYSE Market Internals

$0.00

(0.00%)

14:16
05/23/19
05/23
14:16
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14:16
Technical Analysis
NYSE market internals summary »

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14:15
05/23/19
05/23
14:15
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14:15
Conference/Events
Wolfe Research pharmaceuticals analyst to hold analyst/industry conference call »

Pharmaceuticals Analyst…

VXX

iPath S&P 500 VIX Short-Term Futures

$29.12

1.91 (7.02%)

14:10
05/23/19
05/23
14:10
05/23/19
14:10
Options
Bullish spread opened in VIX Short-term Futures Fund »

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14:06
05/23/19
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14:06
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Conference/Events
Wolfe Research managing director to hold an analyst/industry webinar »

Quantitative Analysis,…

MAXR

Maxar Technologies

$7.59

0.44 (6.15%)

14:06
05/23/19
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Hot Stocks
Maxar Technologies up 17% after selection for NASA project »

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GLUU

Glu Mobile

$8.32

-0.185 (-2.18%)

14:05
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Options
Glu Mobile call volume above normal and directionally bullish »

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  • 06

    Jun

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MAXR

Maxar Technologies

$7.32

0.17 (2.38%)

14:03
05/23/19
05/23
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14:03
Periodicals
NASA selects Maxar for first part of lunar gateway, WFTV reports »

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BX

Blackstone

$40.90

-0.8 (-1.92%)

, PLD

Prologis

$76.22

-0.35 (-0.46%)

14:00
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14:00
Periodicals
Breaking Periodicals news story on Blackstone, Prologis »

Blackstone, Prologis bid…

BX

Blackstone

$40.90

-0.8 (-1.92%)

PLD

Prologis

$76.22

-0.35 (-0.46%)

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  • 03

    Jun

  • 04

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  • 11

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BX

Blackstone

$40.90

-0.8 (-1.92%)

, PLD

Prologis

$76.22

-0.35 (-0.46%)

13:59
05/23/19
05/23
13:59
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13:59
Periodicals
Breaking Periodicals news story on Blackstone, Prologis »

Blackstone, Prologis…

BX

Blackstone

$40.90

-0.8 (-1.92%)

PLD

Prologis

$76.22

-0.35 (-0.46%)

03/08/13
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  • 03

    Jun

  • 04

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  • 11

    Jun

MAXR

Maxar Technologies

$7.00

-0.15 (-2.10%)

13:56
05/23/19
05/23
13:56
05/23/19
13:56
Periodicals
Breaking Periodicals news story on Maxar Technologies »

Maxar selected by NASA…

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TSM

TSMC

$37.86

-0.96 (-2.47%)

13:55
05/23/19
05/23
13:55
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13:55
Options
Taiwan Semi put volume heavy and directionally bearish »

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BB

BlackBerry

$8.05

-0.26 (-3.13%)

13:45
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Options
BlackBerry call volume above normal and directionally bullish »

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13:45
05/23/19
05/23
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13:45
General news
FX Action: USD-JPY »

FX Action: USD-JPY fell…

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