{"id":68600,"date":"2019-03-27T00:24:44","date_gmt":"2019-03-27T04:24:44","guid":{"rendered":"http:\/\/www.hedgeco.net\/news\/?p=68600"},"modified":"2019-03-29T00:50:44","modified_gmt":"2019-03-29T04:50:44","slug":"bed-bath-beyond-shares-jump-after-hedge-funds-call-for-overhaul","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/03\/2019\/bed-bath-beyond-shares-jump-after-hedge-funds-call-for-overhaul.html","title":{"rendered":"Bed Bath &#038; Beyond Shares Jump after Hedge Funds Call for Overhaul"},"content":{"rendered":"<p>\n(New York Post) Investors loaded their carts with Bed Bath &#038; Beyond stock Tuesday after a hedge fund triumvirate called for an overhaul of the board and an ousting of its chief executive. Shares climbed as much as 30 percent early Tuesday after three hedgies unveiled a slate of 16 candidates to replace Bed Bath &#038; Beyond\u2019s 12-person board, claiming the current board is \u201centrenched\u201d and displays a \u201clack of retail expertise.\u201d<\/p>\n<p>The trio also argued that longtime Chief Executive Steven Temares should be replaced, saying his salary vastly exceeds that of his peers even as Bed Bath &#038; Beyond\u2019s stock has fallen due to sagging sales.<\/p>\n<p><a href=\"https:\/\/nypost.com\/2019\/03\/26\/bed-bath-beyond-shares-jump-after-hedge-funds-call-for-overhaul\/\">To read this article:<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(New York Post) Investors loaded their carts with Bed Bath &#038; Beyond stock Tuesday after a hedge fund triumvirate called for an overhaul of the board and an ousting of its chief executive. Shares climbed as much as 30 percent [&hellip;]<\/p>\n","protected":false},"author":4,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-68600","post","type-post","status-publish","format-standard","hentry","category-syndicated"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/68600","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/comments?post=68600"}],"version-history":[{"count":1,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/68600\/revisions"}],"predecessor-version":[{"id":68601,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/68600\/revisions\/68601"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=68600"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=68600"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=68600"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}