Bed Bath & Beyond Jumps After Earnings Top Estimates

Bed Bath & Beyond Jumps After Earnings Top Estimates

Assessment

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Business

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Hard

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Shares are rising in after-hours trading following the company's earnings report and forecast. Larry Ellison has stepped down as Oracle CEO, with his stock-based compensation reduced. New CEOs Mark Hurd and Suffolk Cats received stock options. The Xbox One will launch in China on September 29th with 10 games, pending government approval.

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5 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What factor contributed to the company's stock gaining in after-hours trading?

A new product launch

Positive earnings and forecast

A change in company headquarters

A merger announcement

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What change occurred in Larry Ellison's role at Oracle?

He retired from the company

He became the CFO

He stepped down as CEO

He was promoted to Chairman

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Who were appointed as the new CEOs of the company?

Mark Hurd and Steve Jobs

Larry Ellison and Mark Hurd

Mark Hurd and Suffolk Cats

Suffolk Cats and Larry Ellison

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What was the one-time grant received by the new CEOs?

1,000,000 in stock options

500,000 in stock options

750,000 in stock options

250,000 in stock options

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

When is the Xbox One scheduled to launch in China?

November 15th

September 29th

December 5th

October 1st