Retail

Bed Bath & Beyond downgrade slams stock

Investment firm Baird has placed an underperform rating and $4 price target on Bed Bath & Beyond's stock. The retailer's shares are down more than 36%.

US services hit 3-month high: ISM

Economic activity in the U.S. services sector climbed to a 3-month high in July, according to the latest data from the Institute for Supply Management.