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It was a quiet week in stock markets, with many investors seemingly waiting for today's non-farm payrolls report. That came in ahead of estimates, with payrolls adding 850,000 jobs in June compared to 700,000 anticipated. At the time of this writing (3pm on Friday), the S&P 500 (SPY) is u...
InvestorPlace - Stock Market News, Stock Advice & Trading Tips As we ease into the second half of the year, Wall Street is anticipating that stocks will continue to move higher as the U.S. economy steams ahead. The first six month of 2021 saw stocks recording some nice gains, with ...
Shares of L Brands Inc. (NYSE:LB) traded today at $74.32, eclipsing its 52-week high. This new high was reached on below average trading volume as 2.1 million shares traded hands, while the average 30-day volume is approximately 4.8 million shares. Based on a current price of $73.84, L B...
metamorworks/iStock via Getty Images Some pockets of retail are gaining after the National Retail Federation increased its 2021 retail sales forecast dramatically today. Notable gainers include Express (EXPR) +9.9%, J. Jill (JILL) +7.9%, Zumiez (ZUMZ) +4.2%, Designed Brands (DBI) +3.9%, ...
COLUMBUS, Ohio, July 01, 2021 (GLOBE NEWSWIRE) -- L Brands, Inc. (“ L Brands ”) (NYSE: LB) announced that it will host virtual investor meetings for Bath & Body Works and Victoria’s Secret & Co. on Monday, July 19, 2021, in advance of the planned August 2021...
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 ...
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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...