Take our debt, please! Struggling retailer Bed Bath & Beyond is coming up woefully short in a key debt exchange designed to give the company some much-needed financial breathing room. The company said Tuesday that it would extend its debt exchange offer to Dec. 19 from Dec. 5. The extension reflects limited appetite by debt-holders in the debt swap, according to data supplied by the retailer (right hand column in chart below). Such limited appetite likely reflects the concern among… Source link
Read More »Bed Bath & Beyond’s latest restructuring efforts is falling flat
Take our debt, please! Struggling retailer Bed Bath & Beyond is coming up woefully short in a key debt exchange designed to give the company some much-needed financial breathing room. The company said Tuesday that it would extend its debt exchange offer to Dec. 19 from Dec. 5. The extension reflects limited appetite by debt-holders in the debt swap, according to data supplied by the retailer (right hand column in chart below). Such limited appetite likely reflects the concern among… Source link
Read More »Consumers remain the Fed’s biggest problem: Morning Brief
This article first appeared in the Morning Brief. Get the Morning Brief sent directly to your inbox every Monday to Friday by 6:30 a.m. ET. Subscribe Wednesday, December 7, 2022 Today’s newsletter is by Myles Udland, senior markets editor at Yahoo Finance. Follow him on Twitter @MylesUdland and on LinkedIn. Read this and more market news on the go with Yahoo Finance App. Another month, another strong jobs report. News last Friday that some 263,000 jobs were created in November showed the Federal… Source link
Read More »Consumers remain the Fed’s biggest problem: Morning Brief
This article first appeared in the Morning Brief. Get the Morning Brief sent directly to your inbox every Monday to Friday by 6:30 a.m. ET. Subscribe Wednesday, December 7, 2022 Today’s newsletter is by Myles Udland, senior markets editor at Yahoo Finance. Follow him on Twitter @MylesUdland and on LinkedIn. Read this and more market news on the go with Yahoo Finance App. Another month, another strong jobs report. News last Friday that some 263,000 jobs were created in November showed the Federal… Source link
Read More »NBA Yahoo DFS Advice – Who to Play, Avoid for Wednesday, Dec. 7
We have a full 11-game slate on tap Wednesday night in the Association, and several intriguing matchups should be highly competitive and feature some very fruitful performances from a DFS perspective. As customary, we’ll dive into a pair of candidates to consider deploying in your Yahoo lineups, along with one player at each position that may be worth steering clear of. Guards Josh Giddey, OKC at MEM ($29): Giddey has delivered nicely on his salaries of late, scoring 34 to 53.9 Yahoo points… Source link
Read More »Bitcoin, Ether weaken; Dogecoin leads slump across top 10 cryptos
Bitcoin and Ether fell in Asian trading on Wednesday afternoon, with Dogecoin leading declines across top 10 non-stablecoin cryptocurrencies. See related article: Sam Bankman-Fried hires attorney Mark Cohen amid probes of failed FTX exchange Fast facts Bitcoin dropped 1.41% over the past 24 hours and was trading at US$16,780 by 4:30 p.m. in Hong Kong, and Ether decreased 2.68% to US$1,228, according to CoinMarketCap. Dogecoin slumped 5.47% to US$0.09561. Twitter user “Nima Owji” who… Source link
Read More »Splatoon 3 Is Yahoo! Japan’s Most Searched Video Game Of 2022
Image: Nintendo We’ve already heard a lot about the success of Splatoon 3 in Japan this year, and now it’s taken out another award. The third entry in the popular team-based squid shooter has officially been crowned the top searched game in the Yahoo! Japan Search Awards. Yes, it’s a thing. Yahoo! Japan shared multiple search categories and Splatoon 3 was the most searched in the gaming category. Some other titles to join it include the Pokémon games, Bandai Namco’s hit Elden Ring in third… Source link
Read More »Energy stocks are ‘still cheap’ by most metrics: Fund manager
Energy stocks have room to go higher, even after a wild run this year, says one strategist. “They’re still cheap if you look at it on most metrics,” Tortoise portfolio manager Rob Thummel told Yahoo Finance Live this week. “The market is really rewarding companies that have positive earnings and free cash flow. That’s what this sector has,” said Thummel,” I still think there’s room for it to continue, even if oil prices stay the same, or even if they fall a little bit.” Thummel says… Source link
Read More »Goldman CEO David Solomon sees only 35% chance of soft landing, stocks lower in 2023
Goldman Sachs (GS) CEO David Solomon expects the stock market’s slide to continue in 2023 and thinks the odds of a recession hitting the U.S. economy are about 2-out-of-3. Speaking at the Wall Street Journal’s CEO Council Summit on Tuesday, Solomon said he expects stocks will be lower, along with oil and real estate (both commercial and residential), while the U.S. dollar is poised to rise slightly next year. Meanwhile, Solomon placed the probability of a “soft landing” — or a slowdown in… Source link
Read More »‘I’m integral to the success’ of the franchise
Bethenny Frankel discusses her new Real Housewives rewatch podcast — which has some in the Bravo universe fired up. (Photo: Celeste Sloman) Bethenny Frankel is busy doing her thing, despite the omnipresent noise in the back. The Real Housewives of New York alum and businesswoman has two new big projects, her ReWives podcast and CNBC’s Money Court, in addition to her usual repertoire, ranging from saving the world with disaster relief initiative BStrong to being a TikTok beauty influencer… Source link
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