Bed Bath & Beyond Says It Missed Interest Payments on Bonds [Yahoo! Finance News]
Bed Bath & Beyond Inc. (BBBY)
Last bed bath & beyond inc. earnings: 4/15 04:15 pm
Check Earnings Report
US:NASDAQ Investor Relations:
bedbathandbeyond.com
Company Research
Source: Yahoo! Finance News
(Bloomberg) -- Bed Bath & Beyond Inc., the financially strapped home-goods retailer, missed interest payments on its bonds, a week after receiving a default notice from lenders.Most Read from BloombergThe retailer failed to make Feb. 1 payments on notes that total more than $1 billion, a spokeswoman said Wednesday in an emailed statement.The default means Bed Bath & Beyond has entered a 30-day grace period, during which time it can still make the interest payments. The Wall Street Journal reported earlier on the missed payments.The skipped payments are the latest sign of the retailer’s worsening financial situation. Bed Bath & Beyond is weighing various financial options, including the possibility of a Chapter 11 bankruptcy filing, which would allow the company to continue operating while it attempts to reorganize.The company received a default notice from JPMorgan Chase & Co. last week, and warned it didn’t have enough funds to make payments.In recent days, the retailer’s efforts to
Show less
Read more
Impact Snapshot
Event Time:
BBBY
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
BBBY alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
BBBY alerts
High impacting Bed Bath & Beyond Inc. news events
Weekly update
A roundup of the hottest topics