LB News and Press, L Brands Inc. From 02/03/20

BOSTON, Feb. 03, 2020 (GLOBE NEWSWIRE) -- Block & Leviton LLP ( www.blockesq.com ), a securities litigation firm representing investors and whistleblowers nationwide, is investigating a possible breach of fiduciary duty claim involving the Board of Directors of L Brands, Inc. (NYSE: L...

(Source: Robbe Delaet; CAGR= Compounded Annual Growth Rate) Over the last couple of months, there have been rumours about a Victoria's Secret ("VS") spin-off from the better performing brand Bath & Body Works ("BBW"). On December 5th, I wrote an article about the likelihood of this e...

Source: Barron's Leslie Wexner is reportedly in talks to give up his role as chief executive officer ("CEO") at L Brands (LB) and considering options for (1) a breakup of the company or (2) a sale of Victoria's Secret. Chatter of Wexner's departure comes amid a reckoning for the retail i...

Read the headlines carefully, and you'll see L Brands (NYSE: LB) has neither confirmed nor denied rumors of lingerie retailer Victoria's Secret being put up for sale. Likewise, whispers that CEO Leslie Wexner is stepping down only cite unnamed "people familiar with the matter" as the source ...

In this episode of MarketFoolery , host Chris Hill chats with Motley Fool Asset Management's Bill Barker about some market news. Apple 's (NASDAQ: AAPL) earnings report must have been everything the market wanted and more, because the company's stock jumped from all-time highs to new all...

Listen on the go! A daily podcast of Wall Street Breakfast will be available by 8:00 a.m. on Seeking Alpha , iTunes , Stitcher and Spotify . Coronavirus anxiety and another 2.6% plunge from the Hang Seng Index overshadowed upbeat earnings from Tesla (TSLA) and Microso...

It's no secret that Victoria's Secret has been the reason for L Brands ' (NYSE: LB) earnings woes. The company's once-adored lingerie brand has seen revenue dwindle as shoppers turn to rivals that focus more on comfort than glamour. And yet, this month analysts at Bank of America , Deu...

In all likelihood, Wednesday won't go down as a memorable day on the stock exchange. This doesn't mean it was a bad one by any means. Several top stocks -- including one I'll explore below -- delivered better-than-expected earnings. Also, there were other encouraging developments pushing some...

L Brands ( LB +12.9% ) is in talks with Sycamore Partners about a potential deal for the Victoria's Secret business, sources tell The Wall Street Journal . More news on: L Brands, Inc., Consumer stocks news, Stocks on the move, Read more ...

Shares of Victoria's Secret owner L Brands (NYSE: LB) are soaring on angel wings, up 13.3% as of 11 a.m. EST after The Wall Street Journal reported this morning that CEO Leslie Wexner is in talks to sell Victoria's Secret, retire from his post as L Brands' boss, or both.   Image sour...