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Uber declined to comment. Investors and analysts said technology unicorn IPOs are losing their luster, not just because more investors are asking tough questions about their prospects, but because the startups overestimated pent-up demand for their offerings. “Lyft wanted to be first.. and it got to a point where they got so aggressive with their pricing and they got kind of greedy,” said Catherine McCarthy, an Allianz Global Investors research analyst. The pressure to become profitable will ratchet up once these companies become public, said Jordan Stuart, a portfolio manager for Federated Kaufmann funds who often purchases companies’ stock in the IPO.

DUBAI (Reuters) - State-owned Qatar Airways on Thursday dismissed concerns its 49 percent stake in Air Italy breaches a 2018 aviation agreement between the United States and Qatar, designed to address U.S, concerns that Gulf airlines had an unfair competitive advantage, The U.S is “looking very closely” at the deal after Republicans and Democrats said on Wednesday they were concerned it violated the agreement, Qatar Airways bought a stake in Italian airline initial cufflinks gold Meridiana in 2017, rebranded it Air Italy and transformed it into a carrier with five announced non-stop U.S, destinations from Milan..

Qatar Airways said the stake was “fully compliant” with the 2018 U.S.-Qatar Understandings, an additional pact that accompanied the U.S-Qatar Open Skies agreement. Since 2015 the largest U.S carriers - Delta Air Lines, American Airlines Group and United Airlines - have argued their Gulf rivals are being unfairly subsidized by their governments, distorting competition. Gulf airlines have always denied those accusations and last year separate voluntary agreements were reached between the U.S. and Qatar, and the U.S. and the United Arab Emirates to address the concerns. Measures included the airlines not adding new flights to the U.S.

However, Air Italy has been flying to New York and Miami initial cufflinks gold since June last year and was due to start serving San Francisco and Los Angeles from this month and Chicago in May, Qatar Airways said in a statement its investment in Air Italy, which closed in September 2017, preceded the 2018 agreement but complied with it, It said its investments in other airlines were not raised as a point of concern during the discussions that led to the 2018 agreement and that the deal does not mention or prohibit cross-border investments..

(Reuters) - Shares of Bed Bath and Beyond fell about 10 percent in early trading, after the home furnishing retailer forecast dismal first-quarter profits that raised doubts on the efficacy of its turnaround plan. The company expects current quarter same-store sales to fall between 5 and 6 percent. This, after the retailer said its turnaround initiatives including its experimental store formats, investments in its decorative furnishing business and digital platforms would drive its revenue growth and gross margin in mid and long term.

“(Q1) comp outlook (is) the largest rate of decline in the company’s history,” said Telsey Advisory Group analyst Cristina Fernandez, The retailer also reported its first annual sales decline since it went public initial cufflinks gold in 1992, Bed Bath and Beyond has been struggling to boost sales in the face of changing consumer preferences toward online furniture retailers such as Wayfair Inc, It is, in fact, under pressure from a trio of activist investors to put things in order and replace its chief executive officer..

Comparable sales in fourth quarter fell 1.4 percent, below analysts’ expectations, hurt by mid-single digit drop in sales at its brick and mortar stores which overshadowed strong growth from digital channels. “Shares are down as investors digest the reality that a sustained trend of declines in brick & mortar (comparable sales) ..suggest an inflection in fundamentals is not in the near-term horizon,” said Jefferies analyst Jonathan Matuszewski. “The transformation plan sounds reasonable, though transparency issues are lingering and execution remains the big question mark,” Matuszewski added.

Though the company raised its full-year profit guidance, analysts pointed out that profitability is coming at the cost of sales growth, Wedbush analyst Seth initial cufflinks gold Basham hiked his price target by $5 to $19, but kept a “neutral” rating on the stock, citing the company’s “murky medium-term fundamental outlook and no clear path to more material activist-driven change.”, Bed bath and Beyond has a median price target of $18 and median rating of “hold” on the stock..



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