Bed Bath & Beyond moves to raise $1 billion as bankruptcy clouds loom By Reuters

[ad_1] © Reuters. A shopping cart is seen at a Bed Bath & Beyond store in Manhattan, New York City, U.S., June 29, 2022. REUTERS/Andrew Kelly (Reuters) -Bed Bath & Beyond Inc said on Monday it was planning to raise some $1 billion through an offering of preferred stock and warrants, in a last-ditch effort … Read more

Amazon moves lower on mixed earnings result, slowing growth (NASDAQ:AMZN)

[ad_1] 400tmax/iStock Unreleased via Getty Images Amazon.com Inc. (NASDAQ:AMZN) stock wavered in Thursday’s extended trading as the market digested a mixed Q4 earnings report. Headlining the quarterly results was a big revenue beat, with $149.2B in revenue exceeding analyst estimates by $3.43B. However, AWS sales came in slightly slower than already tempered estimates, hitting $21.38B … Read more