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Bed Bath & Beyond names Laura Crossen as interim CFO after former CFO Gustavo Arnal died on Friday after falling from a New York City building; Arnal, activist investor Ryan Cohen had recently been accused in lawsuit of working a 'pump and dump' scheme

Jefferies raises Bed Bath & Beyond's price target to US$9 from US$5, taking the opposite view from other brokerages and citing confidence in company's cost-cutting measures, including job cuts and store closings; BBB's median price target is US$3

Raymond James downgrades Bed Bath & Beyond to underperform after retailer announces US$500M financing, closing 150 stores, laying off 20% workforce: analyst cites abysmal business trends and ongoing cash burn, as financing only kicks the can down the road

Bed Bath & Beyond to close 150 stores, cut jobs, overhaul merchandising strategy as it looks to turn around its money-losing business; company also signs deals for over US$500M in new financing, plans to raise money by issuing new shares

Bed Bath & Beyond Strategic Update - Transcript

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