Revelations 18:23:’For the merchants were the great men of the earth; for by thy sorceries were all nations deceived.’

Important Takeaways:

• Bed Bath & Beyond warns investors of possible bankruptcy
• Preliminary earnings reported by BB&B showed slowing sales, with the $1.3 billion figure for the third quarter being about a third lower than the year before. The company also noted lower foot traffic through its stores.
• “The Company has concluded that there is substantial doubt about the Company’s ability to continue as a going concern,” it said in a statement.
• After BB&B released its new estimates, shares plunged by more than 20 percent in early trading on Thursday.

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