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Shares of several retail-chain operators were rising on Monday, amid a broad-based market rally as investors grew more optimistic about the development of a COVID-19 vaccine. Here's where things stood for these four companies' stocks as of 12:15 p.m. EDT today relative to their closing ...
COLUMBUS, Ohio, May 13, 2020 (GLOBE NEWSWIRE) -- In conjunction with the L Brands (NYSE: LB) first quarter 2020 earnings release, which will cross the wire after market close on Wednesday, May 20, you are invited to listen to a live webcast of the conference call on Thursday, May 21 at 9:00...
There was a good case to be made that L Brands (NYSE: LB) could become a growth business once again if it just unloaded the ailing Victoria's Secret lingerie business and focused instead on its candle and hand soap operations. After thinking it had off-loaded most of that albatross o...
Simon Property Group (NYSE: SPG) told analysts it planned to open half of its shopping malls this week. Simon operates 234 properties in North America, Europe, and Asia. With 168 properties in the U.S., it is the country's largest mall operator. Last month, it was reported last month that S...
The apparel sector is underperforming today as reality sets in that store traffic is likely to be light even as more states allow stores to reopen. More news on: Designer Brands Inc., PVH Corp., Kontoor Brands, Inc., Consumer stocks news, Stocks on the move, Read more ...
In February, it looked like the deal was all but done -- then it wasn't. Last month, Sycamore Partners asked Victoria's Secret's parent company L Brands (NYSE: LB) to let it out of the agreement that would have sold 55% of the lingerie retailer to the private-equity outfit. L Brands, which a...
The apparel retail sector is showing gains as more stores lay out their plans for reopenings over the next few weeks. More news on: Express, Inc., Genesco Inc., Tailored Brands, Inc., Consumer stocks news, Stocks on the move, Read more ...
Abandoning its efforts to salvage the deal through legal action, L Brands (NYSE: LB) said yesterday it agreed to terminate the sale of a controlling interest in Victoria's Secret. The acquisition, originally giving private equity firm Sycamore Partners a 55% stake in the lingerie brand, repr...
BMO Capital is in this morning with a much needed upgrade on L Brands (NYSE: LB ) as the retailer is reeling after losing Sycamore Partners as a Victoria's Secret investor. More news on: L Brands, Inc., Consumer stocks news, Stocks on the move, Read more ...
Wedbush sees L Brands (NYSE: LB ) at financial risk after its deal with Sycamore Partners broke down. More news on: L Brands, Inc., Consumer stocks news, Stocks on the move, Read more ...
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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...