Text size Bed Bath & Beyond reported plummeting sales, raising doubts over whether it can pull off a turnaround. David Paul Morris/Bloomberg Three bathroom merchants slipped on a bar of soap this past week. I’m not big on arbitrary stock market definitions, but I’m pretty sure that’s known as a bearish nude sprawl. Technically, it ...

Text size Fears of a housing crisis are likely overblown. Stefani Reynolds/AFP/Getty Images About the author: Ken Shinoda is a portfolio manager with Jeffrey Gundlach and Andrew Hsu of the DoubleLine Total Return Bond Fund. In the depths of the pandemic lockdowns, some feared housing price and mortgage implosions on a scale of the 2007-2009  ...

Dealmaking fees at top investment banks slumped by as much as 56% during the first half of 2022, as recessionary fears and rising interest rates have halted a boom that broke records last year. A sharp downturn in equity capital markets activity, as both the surge in special purpose acquisition companies last year tumbled and initial public offerings ...

By Chris Wack Eargo Inc. shares were down 14% to $1.08 Monday after the medical device company said it has signed a definitive agreement with Patient Square Capital to raise $100 million through the sale of senior secured convertible notes, with an additional $25 million future investment subject to certain conditions. The company said it ...

Dylan Holland and Breanna Cameron started shopping for their first home in the Atlanta suburbs in December 2021, with a budget of about $350,000. They quickly discovered they would have to do a lot more than they had planned to get a home. The couple wanted to buy before Mr. Holland’s lease ended in July ...

Text size Juul can appeal the FDA ban if it chooses. Mario Tama/Getty Images The Food and Drug Administration has banned all of Juul Labs’ vape products from the U.S. market in a widely anticipated move that had already been discounted in shares of Altria Group, the cigarette maker that paid $13 billion in 2018 ...

Citigroup has shifted its top dealmaker in the Nordic region to lead its commercial banking operation in Europe as it embarks on an aggressive expansion that will see 900 bankers added over the next three years globally. Alexander Stiris has been named head of Citi’s commercial banking unit for Europe, the Middle East and Africa, ...

By Joe Hoppe Safestore Holdings PLC said Tuesday that its pretax profit and revenue rose for the first half of fiscal 2022, driven mainly by investment property gains, and forecasts full-year earnings slightly above market views. The London-listed self-storage company posted a pretax profit of 285.2 million pounds ($350 million) in the six months to ...

My summer portfolio strategy is to play the old disco hit “Baby Come Back” while slow dancing with my December brokerage statements. If it works, I have a business idea involving Hall, Oates, and a two-and-20 fee structure. At least there’s real estate. Home equity is said to be hitting record highs. Then again, taking ...

By Dan Molinski Commercial U.S. crude-oil inventories unexpectedly increased last week amid more outsized sales of crude-oil to the commercial market from the U.S. government’s Strategic Petroleum Reserve, according to data released Wednesday by the Energy Information Administration. Benchmark U.S. oil prices that were slightly lower before the mixed report was released held those declines ...