In a return to a policy that harkens back to Sam Walton and his leadership of Walmart, the company announced it will conduct a split of its outstanding shares of common stock at a three-for-one rate. Although the company described the stock split as a result of its...
Rite Aid Corp. has announced that the New York Stock Exchange informed the company that it is no longer in compliance with the organization’s continued listing standards. NYSE stated that Rite Aid has failed to meet its Minimum Market Capitalization Standard and...
Bed Bath & Beyond will hold a previously announced special meeting of shareholders on May 9 where the company is asking for support for its reverse stock split plan. The announcement detailed certain information about the shareholder vote and its stock relevant to...
As it continues to reconstruct its finances, Bed Bath & Beyond announced an amendment to its warrants to purchase Series A Convertible Preferred Stock previously issued on February 7 under which the company is temporarily adjusting its Price Failure threshold to...
Bed Bath & Beyond found a potential rescuer in Hudson Bay Capital, but it still has a long way to go before its fortunes are secure. Certainly, Bed Bath & Beyond is characterizing the stock transaction and its backing by Hudson Bay Capital (not affiliated with...
