Tag Archives: L Brands Inc

Cramer says keep buying dips in the stock market due to ‘stampede’ of bullish catalysts

Investors should take advantage of market pullbacks in the near-term, CNBC’s Jim Cramer said Tuesday, suggesting there’s a range of positive catalysts that will propel stocks higher. “The stock market runs on cycles. When you have this many running at once, the averages tend to be pretty darn resilient,” the “Mad Money” host said, shortly […]

Stocks making the biggest moves midday: Kohl’s, BJ’s, Virgin Galactic and more

Check out the companies making headlines in midday trading. Kohl’s — Kohl’s stock fell more than 10% on Thursday after it said supply chain issues may drag on its profit margins. Like others, Kohl’s experienced supply chain hurdles starting in 2020 when factories in Asia shut down to help slow the spread of Covid-19. Now, […]

Victoria’s Secret parent L Brands first-quarter earnings, sales top estimates

Shoppers pass in front of a Victoria’s Secret store at a mall in San Diego, California, April 22, 2021. Bing Guan | Bloomberg | Getty Images Victoria’s Secret parent L Brands on Wednesday reported first-quarter earnings and sales that topped analysts’ estimates, driven by momentum across its business and more people paying full price for […]

L Brands to spin off Victoria’s Secret by August, hoping to nab higher valuation

Shoppers pass in front of a Victoria’s Secret store at a mall in San Diego, California, April 22, 2021. Bing Guan | Bloomberg | Getty Images L Brands said Tuesday it will spin off its Victoria’s Secret brand rather than selling it. The company said it received interest from and held discussions with multiple potential […]

Investors are being driven out of the flashy stocks into ‘boring’ names as the economy grows, Jim Cramer says

Many stocks that were up in Monday’s session will continue winning, while those that declined will likely keep melting down, CNBC’s Jim Cramer said. “The stocks that held up today are the ones that belong to companies with products that are in strong demand while supply remains limited,” the “Mad Money” host said. “It’s become […]

Mall owner Simon’s CEO sees shopper ‘euphoria’ as people return to stores

Shoppers ascend and descend escalators at the King of Prussia Mall, owned by Simon Property Group, United State’s largest retail shopping space, in King of Prussia, Pennsylvania. Mark Makela | Reuters The biggest U.S. mall owner Simon Property Group says shoppers are getting back to malls, but that it’s hard to predict what traffic trends […]

L Brands’ Victoria’s Secret reportedly back in sale talks targeting higher valuation

Shoppers stand in line as they wait for a Victoria’s Secret store to open on Black Friday, at the Tysons Corner Center, in Tysons, Virginia, November 27, 2020. Hannah McKay | Reuters L Brands is back in sale talks with potential buyers for its Victoria’s Secret lingerie brand, according to a new report, where it […]