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

L Brands (NYSE: LB ) confirms its deal with Sycamore Partners to privatize the Victoria's Secret business and position Bath & Body Works as a highly profitable, standalone public company. More news on: L Brands, Inc., Consumer stocks news, Merger & acquisition news, Stocks on the m...

Bath & Body Works to Become Focused, Standalone Public Company Majority 55% Interest in Victoria’s Secret Lingerie, Victoria’s Secret Beauty and Pink to be Acquired by Sycamore Partners, With L Brands Retaining 45% Minority Stake, at a Total Enterprise Value of ...

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 . The Shanghai Composite Index closed up 1.8% overnight as the PBOC lowered its benchmark lending rates, cutting its one-year loan...

The deal is for private-equity player Sycamore Partners to buy 55% of Victoria's Secret at a $1.1B valuation, and take it private. L Brands (NYSE: LB ) will retain a 45% stake. More news on: L Brands, Inc., Consumer stocks news, Merger & acquisition news, Read more ...

Wedbush Securities analyst Jen Redding says promotional activity appeared to be evenly split between e-commerce and brick-and-mortar over the Presidents' Day weekend and inventories appeared controlled across full-price and clearance goods. More news on: American Eagle Outfitters, Inc., Ab...

Talks to sell L Brands' (NYSE: LB ) Victoria’s Secret brand to Sycamore Partners will extend into next week , CNBC reports. More news on: L Brands, Inc., Consumer stocks news, Read more ...

COLUMBUS, Ohio, Feb. 14, 2020 (GLOBE NEWSWIRE) -- In conjunction with the L Brands (NYSE: LB) fourth quarter 2019 earnings release, which will cross the wire after market close on Wednesday, Feb. 26, you are invited to listen to a live webcast of the conference call on Thursday, Feb. 27 at ...

Source: Barron' s Bed Bath & Beyond (BBBY) alerted investors that for the first two months of its fiscal year, its comparable sales declined by 5.4%: Bed Bath & Beyond Inc. today reported preliminary, unaudited financial performance data for the first two months of the f...

Gainers: ADMS   +14.9% . SALT   +7.7% . MGI   +3.6% . ADMA   +3.5% . AKAM   +3.2% . More news on: Adamas Pharmaceuticals, Inc., Scorpio Bulkers Inc., MoneyGram International, Inc., Stocks on the move, , , News on ETFs Read more ...

2020 started off well for the markets despite the Coronavirus outbreak. The earnings season kicked off in which consumer companies are outperforming yet again with Apple ( AAPL ) and Amazon ( AMZN ) at the forefront. I believe we are in an environment where excessive risk-taking is applauded...