LB News and Press, L Brands Inc. From 04/23/20

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 world's largest oil companies have been known for their dividend safety for years, but that may be changing amid a historic ro...

Source: Barron's Shares of L Brands (LB) were halted Wednesday morning after Sycamore Partners notified the company it was purporting to terminate the acquisition of a majority stake in Victoria's Secret: L Brands, Inc. (NYSE: LB) today announced that Sycamore Partners delivered ...

Shares of retail holding company  L Brands (NYSE: LB) were falling sharply on Wednesday, down 22.4% as of 1:30 p.m. EDT, after a private-equity firm that had agreed to buy the company's troubled Victoria's Secret chain filed suit to try to back out of the deal. In February, private-equi...

Private equity firm Sycamore Partners may be looking to back out of its deal to buy a controlling stake in the Victoria's Secret lingerie brand, Reuters and other outlets report, and L Brands (NYSE: LB) stock is in free fall as a result. COVID-19 already hammered L Brands in March with ret...

Gainers:  SAExploration (NASDAQ: SAEX ) +91% . More news on: SAExploration Holdings, Inc., The Peck Company Holdings, Inc., Delek Logistics Partners, LP, Stocks on the move, , Read more ...

L Brands ( LB -19.8% ) confirms that it received notice from Sycamore Partners on its intention to terminate the purchase of a 55% interest in Victoria’s Secret. More news on: L Brands, Inc., Consumer stocks news, Read more ...

COLUMBUS, Ohio, April 22, 2020 (GLOBE NEWSWIRE) -- L Brands, Inc. (NYSE: LB) today announced that Sycamore Partners delivered a notice on April 22, 2020 purporting to terminate the Feb. 20, 2020 transaction agreement  (“Transaction Agreement”) relating to the sale of a 55...

Shares of L Brands (NYSE: LB ) have been halted on reports that Sycamore Partners wants to terminate its transaction with Victoria's Secret. More news on: L Brands, Inc., Consumer stocks news, Stocks on the move Read more ...

There's a strong rally in consumer-facing stocks off hopes for a return to normal life in the U.S. Broad guidelines from the White House are a start, but local officials and consumers themselves will have the final say on what retail traffic will look like in the months ahead. More news on...

Shares of American Eagle Outfitters (NYSE: AEO) , L Brands (NYSE: LB) , and Abercrombie & Fitch (NYSE: ANF) , well-known apparel retailers, all dropped sharply during trading Wednesday as new economic data looked bleak. American Eagle and L Brands both ended the day down more than 1...