FTC slaps GameStop CEO with $1 million fine over Wells Fargo shares [Fortune]
Chewy, Inc. Class A (CHWY)
Last chewy, inc. class a earnings: 12/9 04:15 pm
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Source: Fortune
Cohen failed to file a form he was required to submit to antitrust agencies under the Hart-Scott-Rodino Act after his Wells Fargo share purchases exceeded a certain threshold, according to a statement Wednesday from the Federal Trade Commission. As he amassed those shares, Cohen periodically emailed Wells Fargo's leadership — including its chief executive officer — with suggestions to improve its business and to seek a board seat. That effort to “influence Wells Fargo's business decisions” meant he couldn't claim an “investment-only” exemption under the HSR, according to the FTC. “When acquiring the Wells Fargo shares Cohen intended to influence Wells Fargo's business decisions as evidenced by Cohen's emails when he advocated for a board seat,” the FTC said in its statement. Cohen agreed to the settlement with the FTC without admitting any wrong doing. The settlement isn't final until a federal judge approves it. A representative for Wells Fargo declined to comment. Cohen cou
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CHWY
News
- Chewy, Inc. (NYSE: CHWY) had its price target raised by analysts at Deutsche Bank Aktiengesellschaft from $24.00 to $28.00. They now have a "hold" rating on the stock.MarketBeat
- Chewy, Inc. (NYSE: CHWY) was upgraded by analysts at Bank of America Co. from an "underperform" rating to a "buy" rating. They now have a $40.00 price target on the stock, up previously from $24.00.MarketBeat
- Chewy, Inc. (NYSE: CHWY) had its price target raised by analysts at Barclays PLC from $34.00 to $40.00. They now have an "overweight" rating on the stock.MarketBeat
- Whisker Announces Nationwide Retail Expansion at Best Buy [Yahoo! Finance]Yahoo! Finance
- Chewy Announces Fiscal Third Quarter 2024 Financial Results Conference CallBusiness Wire
CHWY
Earnings
- 8/28/24 - Beat
CHWY
Sec Filings
- 11/12/24 - Form SC
- 11/6/24 - Form SC
- 11/4/24 - Form SC
- CHWY's page on the SEC website