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L Brands Has Value Without Victoria's Secret Deal, BMO Says In Upgrade
Tuesday, May 5, 2020 - 10:51am | 411Read More...Shares of L Brands Inc (NYSE: LB) Monday tumbled in after-hours trading on news of Sycamore Partners LLC terminating its agreement to acquire a majority stake in Victoria’s Secret. Once the noise related to the deal dies down, the focus will be on the company’s underlying fundamental...
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L Brands CEO Steps Down, Sycamore Deal Terminated
Monday, May 4, 2020 - 4:59pm | 225Read More...L Brands (NYSE: LB) shares are trading lower after the company announced a "mutual agreement" with private equity firm Sycamore Partners to terminate their previously announced transaction. Also, Leslie Wexner will step down as CEO and chairman of the board of L Brands. He will remain a...
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Why L Brands Stock Plummeted Wednesday
Wednesday, April 22, 2020 - 5:14pm | 310Read More...Private equity firm Sycamore Partners is looking to end its deal to buy a stake in L Brands, Inc. (NYSE: LB) lingerie brand Victoria’s Secret. L Brands said in a Wednesday statement that Sycamore Partners delivered a notice purporting to terminate the Feb. 20, 2020 transaction...
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L Brands Option Trading Extremely Bearish Following Victoria's Secret Buyout Reports
Monday, February 10, 2020 - 3:50pm | 895Read More...L Brands Inc (NYSE: LB) shares are up 34.7% in the past three months on reports the company is approaching a deal to sell its Victoria’s Secret brand to Sycamore Partners. While the market seems to see the deal as a positive for L Brands, large options traders aren’t quite as optimistic...
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L Brands Closer To Victoria's Secret Sale, CNBC Says; Link Calls Brand 'Mismanaged'
Monday, February 10, 2020 - 10:47am | 501Read More...Fashion retailer L Brands Inc (NYSE: LB) is one step closer to selling its Victoria's Secret business to Sycamore Partners and a deal with the private equity firm could be announced this week, CNBC said in a Sunday report. L Brands CEO Under Fire Sources told CNBC negotiations between L Brands...
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L Brands Analyst Shifts From Bear To Bull, Says 'Change Is Afoot'
Thursday, January 23, 2020 - 10:26am | 317Read More...L Brands Inc (NYSE: LB) has notable upside potential and there are two paths to unlocking value, according to Barclays. The Analyst Adrienne Yih upgraded L Brands from Underweight to Overweight with a price target lifted from $15 to $30. The Thesis L Brands could move higher if one of two scenarios...
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L Brands Has A 'Path To Value Creation' By Shedding Victoria's Secret, KeyBanc Says
Tuesday, January 21, 2020 - 1:11pm | 410Read More...Victoria's Secret parent company L Brands Inc (NYSE: LB) has a "path to value creation" by selling its fashion business to better focus on its Bath & Body Works unit, according to KeyBanc Capital Markets. The Analyst Edward Yruma upgraded L Brands from Sector Weight to Overweight...
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Lululemon Analysts Bullish After Q3 Print Amid High Expectations
Thursday, December 12, 2019 - 12:21pm | 918Read More...Lululemon Athletica Inc (NASDAQ: LULU) shares are trading down sharply despite the retailer's third-quarter earnings and sales beat on Wednesday. Here's what Wall Street analysts have to say. Piper Jaffray: Lululemon Loyalty Program Shows Promise Analyst Erinn Murphy...
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What Do Amazon, Victoria's Secret And Bitcoin Have In Common? Giving Tuesday
Tuesday, December 3, 2019 - 4:20pm | 982Read More...A store that sells bras is donating some of its sales proceeds to breast cancer research. The Mormon Church has put out a bunch of reverse vending machines, where people who put their money in don't get anything back — because the money goes to help others. A major airline is going the...
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Black Friday 2019 Winners And Losers: Amazon, Macy's, Shopify And More
Monday, December 2, 2019 - 3:38pm | 741Read More...Online retailers were winners on a good news-bad news Black Friday that saw overall sales up nearly 20% over last year, but sales that came in under some expectations due to a drop-off in traditional brick and mortar shopping. U.S. shoppers spent more than $7 billion on Friday, thanks largely to...
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L Brands Analyst Says Strategic Alternatives Won't Save Stock From Further Downside
Monday, November 25, 2019 - 1:00pm | 501Read More...Victoria's Secret and Bath & Body Works' parent company L Brands Inc (NYSE: LB) is reportedly in talks to explore strategic alternatives, but this comes at a time when its core brands are "already broken," according to Jefferies. The Analyst Randal Konik maintained an...
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Former Victoria's Secret CMO Jann Parish Joins Green Growth Brands
Tuesday, June 25, 2019 - 11:42am | 243Read More...Green Growth Brands Inc (OTC: GGBXF) on Tuesday announced the appointment of Jann Parish as its Chief Marketing Officer effective immediately. Parish has a vast marketing experience, having previously served in leadership positions at a number of global brands. She was previously the CMO of L...
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Bulls & Bears Of The Week: Apple, Tesla, Home Depot, Walgreens And More
Sunday, March 3, 2019 - 12:04pm | 933Read More...Benzinga featured looks at many investor favorite stocks over the past week. Retailers that posted quarterly results were among both bullish and bearish calls. Also covered were the prospects for the iPhone maker and the leading electric vehicle giant. The big U.S. indexes ended the past week...
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What To Make Of L Brands' Q3, Leadership Change, Dividend Reduction
Tuesday, November 20, 2018 - 4:20pm | 681Read More...L Brands Inc (NYSE: LB), the parent company of multiple brands including Victoria's Secret and Bath & Body Works, reported a top- and bottom-line beat in its third-quarter results but also announced a 50-percent reduction in its dividend and named John Mehas as the new CEO of Victoria's...
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Goldman Sachs Out Bullish On L Brands, Takes Neutral Stance On Gap
Friday, October 26, 2018 - 2:44pm | 502Read More...Goldman Sachs initiated coverage of two retail brands this week. The Analyst Goldman Sachs analyst Alexandra Walvis initiated coverage of L Brands Inc (NYSE: LB) with a Buy rating and $36 price target. The analyst also initiated coverage of Gap Inc (NYSE: GPS) with a...
