Bed Bloodbath and Beyond

[The beef 675] [I'm an image] “Suburban moms rejoice!” - Jeff, on news that Bed Bath and Beyond has a fighting chance [Read The Beef Online - Click Here]( Hey there carnivores, Markets were… you guessed it… up again yesterday. Today we’re diving deep on the shakeup at Bed Bath and Beyond. Keep raging, Jeff & Jason [Image] [I'm an image] Bed Bloodbath and Beyond Mark Tritton has apparently never heard of a holiday lull. Probably because it doesn’t exist in the retail world… or when you’re a tyrannical CEO out for blood. The new CEO of Bed Bath and Beyond [announced a major shakeup]( at the company, the aftermath of which left six senior executives out on the streets this Christmas. We’re gonna need a cleanup in kitchenware. The “naughty” list includes the company’s chief merchandising officer, marketing officer, digital officer, its general counsel and chief administrative officer. The sixth employee, its chief brand officer, resigned last week… because “[you can’t fire me, I quit!](” Starting from scratch Tritton’s ruthless purge is straight out of Walder Frey’s playbook. And quite frankly, it was a necessary evil. It has been three years since the company’s same-store sales increased, and 10 straight quarters [with declining net income](. Sure, competing with Amazon is hard but Bed Bath has something Amazon doesn’t... unlimited 20% off coupons delivered via snail mail. But the company that plays a major role in Adam Sandler's 'Click' has faith in its current CEO... and for good reason. The former head of merchandising at Target [has been credited]( for big red’s turnaround. He built out its private label and made "cheap chic" great again. The bottom line... BBB’s shares surged 11% on the news of the shakeup. An executive with a pedigree like Tritton making moves has investors feeling good, but the company is going to have to demonstrate continued success to keep the good times rollings. [I'm an image] Let’s be honest, it’s “that time of the year.” It’s so close to the holidays that you can smell the gingerbread and hear your insufferable mother-in-law. And that means you’re doing as little work as possible. So instead of spending your lunch browsing Amazon for gifts to get your sh*thead kids, invest in yourself... Join Jason’s [Smoke Signals event]( on Thursday, December 19th at noon EST. JB will give the 411 on how to identify stocks that are heading south… and how to profit handsomely from a company’s free-fall. [RESERVE YOUR SPOT NOW]( [I'm an image] ☑️ Spend it. US Congress is on its way to avoiding another shutdown. The House [passed a $1.4T spending plan]( on Tuesday, meaning there are just two more hurdles to overcome before it's official. “Just” being the key word. The Senate must now approve the package, and then it must be signed by Donny Politics himself by Friday to keep federal workers behind their desks. ☑️ To the rescue. WeWork has [$1.75B in new financing]( to work with, thanks to DJ D-Sol and Goldman Sachs. The deal frees up around $800M in cash that WeWork owed lenders on a previous credit line. The agreement is part of SoftBank's $5B debt financing plan to bail out the struggling office rental firm. That sound you hear is Adam Neumann laughing from atop his pile of money. ☑️ Put it on the corporate card. Carlyle Group is getting into the corporate travel business. Carlyle, Singapore's sovereign wealth fund, and others are [buying a stake]( in American Express Global Business Travel. The deal comes in the form of an equity recapitalization deal that values Amex's business travel unit at $5B, including debt. Their first order of business? Dinner on the company. ☑️ Return to sender. FedEx saw its shares [fall over 6%]( in extended trading on Tuesday after the company reported weak earnings during Q2. The guys who unwittingly ship you weed also lowered guidance for the rest of the year. I wonder what Jeff Bezos has to say about all this. In Q2, FedEx brought in $2.51 vs. $2.76 expected per share, while revenue of $17.32B came in shy of the projected $17.58B. ☑️ Taxicab confessions. "Just Google me" may be the biggest flex of all time. An [IG video]( featuring hedge fund manager Michael Platt talking about being rich AF is making the rounds. And it isn't a great look. RagingBull, LLC 62 Calef Hwy. #233, Lee, NH 03861 Neither Raging Bull nor RagingBull.com, LLC (publisher of Raging Bull) is registered as an investment adviser nor a broker/dealer with either the U. S. Securities & Exchange Commission or any state securities regulatory authority. 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