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L Brands (NYSE: LB ) intends to lay off about 850 corporate employees in another round of restructuring at the company. More news on: L Brands, Inc., Consumer stocks news, Read more ...
Announces Approximately $400 Million in Annualized Cost Reductions Company has Reopened Most Bath & Body Works and Victoria’s Secret Stores in North America COLUMBUS, Ohio, July 28, 2020 (GLOBE NEWSWIRE) -- L Brands, Inc. (NYSE: LB) today provided an update on actions th...
Barron's hosted a live event today with its retail reporters and BMO Capital analyst Simeon Siegel. More news on: Dollar General Corporation, The Kroger Co., Sprouts Farmers Market, Inc., Consumer stocks news, Read more ...
We are currently living in a market of stocks where returns and valuations vary significantly, making it increasingly important to pick out the best stocks to reach strong returns. As you can see below, value stocks are significantly lagging the performance of growth stocks (-16.3% for lar...
Mall retailers are falling sharply after another weekend of rising COVID cases and hospitalizations in parts of the U.S. lowers expectations for store traffic in the coming weeks. More news on: Designer Brands Inc., The Children's Place, Inc., The Buckle, Inc., Consumer stocks news, Stocks...
A version of my full empirical research on insider outperformance can be read here . Insiders are the executive managers and directors who are in front of the financial and strategic decision making of their firm. Insider trading activity is very informative to follow because their tr...
The Desirability Of Share Repurchases For Exiting And Continuing Shareholders In principle, I'm not against share repurchases. My views on buybacks are reflected in my article " The End Of The Beginning - Part 2: Buffett Is Right About Buybacks ." In that article, I wrote, "I agree entirel...
L Brands ( LB +3.4% ) trades notably higher after the bankruptcy filing of mall competitor RTW Retailwinds. RTW operates former L Brands property New York & Company. More news on: L Brands, Inc., Consumer stocks news, Stocks on the move, Read more ...
L Brands (LB), Macy’s (M),JC Penney (JCP), and Ascena (ASNA) are struggling due to decreased foot traffic for retail stores. Unlike other retailers, they’ve been unable to make up for it with online sales. Certain retailers are facing a crisis due to the coronavirus. The ...
Wedbush analyst Jen Redding is out with data read showing that off-price retailers like Ross Stores (NASDAQ: ROST ) and TJX Companies (NYSE: TJX ) are outperforming rivals in the department store sector. More news on: Ross Stores, Inc., The TJX Companies, Inc., Kohl's Corporation, Consumer...
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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...