Jefferies analysts nearly doubled their price target on Bed Bath & Beyond (NASDAQ:BBBY) this week, taking the opposite view from other brokerages on the same day the struggling retailer disclosed it had tapped Jefferies investment bankers for a stock sale.
The Baker Hughes rig count is an important business barometer for the oil drilling industry. When drilling rigs are active they consume products and services produced by the oil service industry. The active rig count acts as a leading indicator of demand for oil products.
Britain’s competition regulator finally cleared NortonLifeLock (NASDAQ:NLOK)’s acquisition of British rival Avast on Friday, saying the security software market would remain competitive after the $8.6 billion merger of two of the biggest players.
