Friday Morning Market Highlights

02:19pm, Friday, 12'th Mar 2021
U.S. m arkets
Things are looking up in 2021 for Victoria's Secret and Bath & Body Works. Shares of L Brands — the retail empire founded by billionaire Les Wexner that owns the two chains — rose more than 6 perc
L Brands Inc. shares jumped 4.4% in premarket trade Friday, after the parent of Victoria's Secret unveiled plans to pay down debt, reinstate its dividend and buy back shares, while raising guidance fo
Raises First Quarter Earnings Guidance Raises First Quarter Earnings Guidance

3 Zacks Rank #1s Making New Highs

03:54pm, Thursday, 11'th Mar 2021
3 Zacks Rank #1s Making New Highs
With EXPR stock down 75% from its Reddit-fueled peak, prices are looking cheap enough for a deep value play. Here's what to know.
We have selected six large caps from cyclical sectors that have popped more than 25% year to date and still have strong upside left for 2021. These are: DE, MOS, PEN, GS, LB and DEN.
COLUMBUS, Ohio, March 01, 2021 (GLOBE NEWSWIRE) -- L Brands, Inc. (NYSE:LB) is scheduled to participate in the J.P. Morgan Global High Yield & Leveraged Finance Conference on March 2, 2021. Stuart Bur
L Brands Inc's (NYSE: LB) results for the back half of 2020 and guidance for the first quarter of 2021 reflect that Victoria's Secret is approaching a profit inflection point and Bath & Body Works is
Alliance Data (ADS) teams up with its brand partner Victoria's Secret to bolster its card service segment by providing cardmembers a digital payment option.
Victoria's Secret is about to hit the block again — and the company's price tag is set to grow a few sizes. Less than a year after a $1 billion deal to sell the struggling lingerie label got scrappe
L Brands, Inc. (LB) CEO Andrew Meslow on Q4 2020 Results - Earnings Call Transcript

Why L Brands Briefly Popped This Morning

01:41pm, Thursday, 25'th Feb 2021
The retailer reported fourth-quarter results as it prepares to separate its Victoria's Secret business.
L Brands (LB) posts stellar fourth-quarter fiscal 2020 results courtesy of sturdy performance at Bath & Body Works segment.
Victoria's Secret is continuing to shrink its store count. Its parent company L Brands announced that it plans to permanently close between 30 to 50 stores in the United States and Canada this year.
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