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This morning, the S&P is back to our strong bounce line at 2,910 and maybe we get back to 3,000 or even 3,300 on a trade deal but if we get that we'll lose the Fed cut - as there would be no point - the trade war is their premise for cutting. I'm very tempted to call for cashing out as...
It's been a rough ride for L Brands ( LB ) stock over the past five years, as shares have shed 70% of their value over that stretch amid a broad slowdown in one of the company's two core businesses - Victoria's Secret. The VS business started bleeding back in 2016. It hasn't stopped bleeding e...
Articles like these always give me mixed feelings. I am happy that my call to stay 'very far away' from this stock turned out to be a life saver as the company continues to report horrendous results. On the flip side, we once again have to look at companies that struggle to turn things aroun...
High dividend yields make me very suspicious. This is a 2-3% world that we currently live in. When I see a dividend yield well in excess of that I have to assume that there is something wrong with the underlying stock. There almost always is. Let’s take a look at two well-known stocks...
One of my best short ideas over the past 12 months has been retailer L Brands ( LB ), known for Victoria's Secret as well as Bath and Body Works. Between a debt heavy balance sheet and a business that was seeing margin compression, I was worried the stock would fall into the low $20s. Not on...
L Brands (NYSE: LB) , the parent company of Victoria's Secret and Bath & Body Works, lost about 40% of its value over the past 12 months amid concerns about its lingerie brand's slowing growth. A dividend cut last December, a brief activist battle , controversial comments about tr...
Major market benchmarks waffled between positive and negative territory on Thursday as investors weighed a slate of mostly strong earnings reports against comments from U.S. Federal Reserve officials indicating the central bank is unlikely to reduce rates again next month. The Dow Jones In...
L Brands Inc (LB) Q2 2019 Results Earnings Conference Call August 22, 2019 09:00 AM ET Company Participants Amie Preston - Chief Investor Relations Officer Stuart Burgdoerfer - Executive Vice President and Chief Financial Officer Conference Call Participants Kimberly Greenb...
Image source: The Motley Fool. LBrands Inc (NYSE: LB) Q2 2019 Earnings Call Aug 22, 2019 , 9:00 a.m. ET Operator Continue reading
Shares of L Brands (NYSE: LB) have dropped today, down by 5% as of 1:08 p.m. EDT, after the retailer reported fiscal second-quarter earnings. Lackluster results at the company's Victoria's Secret brand continue to weigh on results. Net revenue in the quarter came in at $2.9 billion, sh...
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4 Top Cyclical Stocks To Watch Today After the slew of both earnings figures and economic data this week, investors seem to be eyeing cyclical stocks now. This part of the stock market today is likely gaining traction given the Federal Reserve’s latest update on Wednesday...
COLUMBUS, Ohio, July 30, 2021 (GLOBE NEWSWIRE) -- L Brands, Inc. (NYSE: LB) announced today the global settlement of all stockholder derivative claims alleging workplace misconduct at the company, including claims made in derivative stockholder litigations pending in Ohio and Delaware and i...
GXO Logistics, Victoria's Secret & GameStop Set to Join S&P MidCap 400; Strategic Education, World Fuel Services & Lakeland Financial to Join S&P SmallCap 600 GXO Logistics, Victoria's Secret & GameStop Set to Join S&P MidCap 400; Strategic Education, Wor...