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Victoria’s Secret & Co., spin-off subsidiary of L Brands (LB) has priced upsized private placement of $600M (from $500M) of 4.625% senior notes due 2029 at 100% of their principal amount.Additionally, L Brands announced that the previously announced syndication by Victoria’s...
COLUMBUS, Ohio, June 30, 2021 (GLOBE NEWSWIRE) -- L Brands, Inc. (“ L Brands ”) (NYSE: LB) announced today that the previously announced offering by its subsidiary, Victoria’s Secret & Co. (“ Victoria’s Secret ”), of $500 million aggrega...
Victoria’s Secret & Co., a subsidiary of L Brands (LB) to sell $500M of senior unsecured notes due 2029 in a private placement.Victoria’s Secret is a recently formed company, which L Brands intends to separate from its current business by means of a spin-off to its sharehold...
COLUMBUS, Ohio, June 29, 2021 (GLOBE NEWSWIRE) -- L Brands, Inc. (“ L Brands ”) (NYSE: LB) announced today that its subsidiary, Victoria’s Secret & Co. (“ Victoria’s Secret ”), is offering to sell $500 million aggregate principal amount ...
InvestorPlace - Stock Market News, Stock Advice & Trading Tips Similar to other “meme stocks,” Naked Brand Group (NASDAQ: NAKD ) stock surged in late May and early June. Source: NazarBazar/Shutterstock.com This latest wave didn’t last long, but the ...
Shares of personal care and apparel retailer L Brands (NYSE: LB) have surged this week thanks to a string of positive analyst comments. Analysts at Bank of America , Deutsche Bank , and UBS had good things to say about the company's strategy and the overall consumer spen...
Asergieiev/iStock via Getty Images UBS lifts estimates on a number of retail stocks after channel checks indicate sales are tracking higher than anticipated. Analyst Jay Sole and team take the view that the magnitude of the Q2 and Q3 beats will elevate the market's overall FY22 view to push r...
COLUMBUS, Ohio, June 21, 2021 (GLOBE NEWSWIRE) -- L Brands, Inc. (NYSE: LB) today announced the public filing of a Form 10 registration statement with the U.S. Securities and Exchange Commission in connection with the previously announced separation of the Victoria’s Secret business ...
Up And Coming Stocks To Watch As The Economy Continues To Reopen With the current wave of shoppers returning to stores, I could see retail stocks being in the spotlight now. Arguably, they could even be among the most active stocks today in the stock market . Sure, this woul...
Listen on the go! A daily podcast of Wall Street Breakfast will be available by 8:00 a.m. on Seeking Alpha, iTunes, Stitcher and Spotify. New federal holidayPresident Biden signed a bill on Thursday to make Juneteenth a national holiday after the measure passed the Senate unanimously and was ...
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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...