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Jim Cramer Loves Bed Bath & Beyond’s Asset Sale, Praises CEO Tritton

In his daily “Stop Trading” segment on CNBC, Jim Cramer took a look at Bed Bath & Beyond (NASDAQ: BBBY).



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The Transaction: On Tuesday, Bed Bath & Beyond announced plans to sell its Christmas tree store business of 80 stores, its linen business and a distribution center. The three non-core assets are expected to bring in $250 million in sales for the company.

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The deal “accelerates the company’s transformation to drive shareholder value creation,” according to the company.

“Today’s announcement builds on the purposeful steps we have made throughout the year to simplify our portfolio, unlock capital and create clear strategic focus to accelerate our plans to build our authority in the Home, Baby, Beauty and Wellness markets,” said CEO Mark Tritton.

Related Link: Bed Bath & Beyond Rallies 35% On Q2 Results: 3 Analyst Takes On The Print

Cramer’s Take: The discussion centered

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CEO of Whitehorse Freight, Michael Bilokonsky Launches Professional Website

Press release content from Accesswire. The AP news staff was not involved in its creation.

BELLEVUE, KY / ACCESSWIRE / October 13, 2020 / Michael Bilokonsky, CEO and president of Whitehorse Freight, is excited to announce the launch of his new website, https://michaelbilokonsky.com/. As an enthusiast of motorcycles, his website features an in-depth look into his interests as well as some interesting entrepreneurial tips in the form of articles and interviews.

“Motorcycles are my passion. Balancing my personal interests and my entrepreneurial mindset is something I really wanted to highlight on my website,” Says Biolkonsky.

The balance is definitely struck as the website sports information on how to stay safe while enjoying the ride in the article Staying safe on the road: tips for the new motorcycle owner and also describing his work experience and how he got to where he is today in Michael

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Kitchen United Names Michael Montagano CEO as Jim Collins Departs

Kitchen United, a ghost kitchen industry leader, announced the appointment of Michael Montagano as Chief Executive Officer and newest member of the company’s Board of Directors following two years serving as Chief Financial Officer and Treasurer. Additionally, Joy Lai has been promoted to Chief Operating Officer from her previous position as Chief Marketing Officer.

“Over the past three years, we have built a solid foundation on which to grow. I am proud of what we accomplished in my years at Kitchen United, and can say without a doubt the Kitchen United team is the best that I’ve had the privilege to serve alongside. I know they will continue to achieve great success in the years ahead,” says former CEO Jim Collins, who departed the company to focus on personal endeavors.

“Michael is well positioned to continue to build upon Kitchen United’s industry leadership and help restaurant partners achieve optimal success,”

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Kitchen United CEO Jim Collins exits ghost kitchen company

Kitchen United, a pioneer in the emerging ghost kitchen space, announced Wednesday the departure of CEO Jim Collins, who played an instrumental role in developing the company’s string of rent-a-kitchen facilities in major U.S. markets.

He left to focus on personal endeavors, the Pasadena, Calif.-based company said. Michael Montagano, the company’s former chief financial officer and treasurer, has been named CEO. Chief Marketing Officer Joy Lai has taken over the role of chief operating officer. 

She and Montagano will work together to shepherd the company through its next round of growth, where demand is at an all-time high for its ghost kitchen facilities. Since the beginning of the year, volume at its centers, on a monthly basis, has increased 400% to 500%, Montagano told Nation’s Restaurant News in a phone interview

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ImmunoPrecise Antibodies CEO Dr. Jennifer Bath Appeared Live, Sunday October 4th, on Fox & Friends

VICTORIA, BC, Oct. 05, 2020 /CNW/ – IMMUNOPRECISE ANTIBODIES LTD. (the “Company” or “IPA”) (TSXV: IPA) (OTCQB: IPATF) (FSE: TQB2), a leader in full-service, therapeutic antibody discovery and development, today announced that Dr. Jennifer Bath, CEO of IPA, was invited Sunday morning, October 4th, as a guest on Fox & Friends with Anchor Jedediah Bila at 7:15a.m. ET.

Dr. Bath explained the unique functions of cocktail therapies as they pertain to SARS-CoV-2, including the antibody treatment administered to President Trump.   She also expanded on the importance of the initial design for such strategies and how early steps can be taken to support the safety and efficacy of treatments, but that these tests take time.

IPA launched their Polytope™ Therapy Cocktail, which they believe to be the most promising approach to address a virus like SARS-CoV-2, as it also aims to protect and treat both current

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