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Retail holding company L Brands (NYSE: LB) has had a rough ride since the coronavirus pandemic arrived in North America. Already struggling, but with a deal struck to sell its troubled Victoria's Secret chain giving it a boost, the company's stock has taken a nosedive since stores were close...
Shares of retail holding company L Brands (NYSE: LB) were on the rebound on Thursday, a day after a lawsuit threatened to block the company's deal to sell a majority stake in its troubled Victoria's Secret chain. As of 3:30 p.m. EDT, L Brand's shares were up about 6% from Wednesday's closin...
Analysts are out with fresh looks at L Brands (NYSE: LB ) with the retailer in a battle against Sycamore Partners over the Victoria's Secret deal. More news on: L Brands, Inc., Consumer stocks news, Read more ...
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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...
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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...
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2024-07-24 12:15:02 ET Johnson Rice analyst issues BUY recommendation for LB on July 24, 2024 10:57AM ET. LB was trading at $28.95 at issue of the analyst recommendation. The overall analyst consensus : BUY. Current analyst recommendations are : 7 - Buy, 3 - Hold recomme...
2024-07-23 15:00:04 ET John Mackay from Goldman Sachs issued a price target of $35.00 for LB on 2024-07-23 12:30:00. The adjusted price target was set to $35.00. At the time of the announcement, LB was trading at $28.92. The overall price target consensus is at $58.83 wi...
2024-07-23 15:00:04 ET Mark Lear from Piper Sandler issued a price target of $30.00 for LB on 2024-07-23 12:30:00. The adjusted price target was set to $30.00. At the time of the announcement, LB was trading at $28.92. The overall price target consensus is at $58.83 with...