1. Can Activist Investors Clean House at Bed Bath & Beyond?

    Can Activist Investors Clean House at Bed Bath & Beyond?

    The usual modus operandi of the activist investor is simple: Locate a company that's being poorly run, figure out what it could be doing better to "unlock its value," and then leverage a stake in the company to convince management to try that strategy. Last week, three activist investing firms got together to take matters up a notch with Bed Bath & Beyond (NASDAQ: BBBY) . The opening step of their plan is to replace the CEO and the entire board of directors. The stock, in response, shot up 25%...

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