LB News and Press, L Brands Inc. From 09/16/20

COLUMBUS, Ohio, Sept. 16, 2020 (GLOBE NEWSWIRE) -- L Brands, Inc. (NYSE: LB) announced today that it has commenced tender offers (the “ Tender Offers ”) to purchase for cash its outstanding (i) 5.625% Senior Notes due 2022 (the “ 2022 Notes ”), (ii) 5.625% Senior...

COLUMBUS, Ohio, Sept. 16, 2020 (GLOBE NEWSWIRE) -- L Brands, Inc. (NYSE: LB) announced today that it is offering to sell $750 million aggregate principal amount of senior notes due 2030 (the “ 2030 Notes ”) in a private placement offering to eligible purchasers, subject to m...

After COVID-19 derailed its attempt to sell the Victoria's Secret brand earlier this year, L Brands (NYSE: LB) announced today that Victoria's Secret U.K. will be acquired under a joint venture between Victoria's Secret and Next PLC , the U.K.'s biggest clothing retailer. Next PLC will have...

L Brands (NYSE: LB ) entered into a partnership  (joint venture) with Next PLC ( OTCPK:NXGPF ) for its company-owned Victoria’s Secret business in the U.K and Ireland wherein the latter will own 51% of the JV. More news on: L Brands, Inc., NEXT plc, Consumer stocks news, ...

COLUMBUS, Ohio, Sept. 14, 2020 (GLOBE NEWSWIRE) -- L Brands, Inc. (NYSE: LB) today announced a partnership with Next PLC (LON:  NXT) for its company-owned Victoria’s Secret business in the United Kingdom and Ireland (“Victoria’s Secret U.K.”). Under the a...

L Brands ( LB ) is in a tough situation. While its Bath & Body Works business has been thriving despite the pandemic, its Victoria’s Secret business has been struggling to create value in the last couple of years. As a result, L Brands' stock has been depreciating in the last few y...

Signs of a retail recovery still appear to be on the rise, Odeon Capital Group writes, as its checks are showing more and more encouragement (ironically as the tech-led market corrects, it says). More news on: Ulta Beauty, Inc., The TJX Companies, Inc., Abercrombie & Fitch Co., Consume...

This article is part of a series that provides an ongoing analysis of the changes made to Stephen Mandel's 13F portfolio on a quarterly basis. It is based on Mandel's regulatory 13F Form filed on 08/14/2020. Please visit our Tracking Stephen Mandel's Lone Pine Capital Portfolio article for...

Specialty retail is getting bruised up after a string of earnings reports disappointed in the sector and some general macroeconomic anxiety. More news on: The Michaels Companies, Inc., Conn's, Inc., Kirkland's, Inc., Consumer stocks news, Stocks on the move, Read more ...

It was early May and the world was still in doldrums, at least in market terms. One of my close friends messaged me to get an opinion on the tech stocks in general and on Salesforce ( CRM ) more specifically. Someone advised her that markets have gone up too far, too soon, specifically tech st...