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INX:LB, May 29, 11:01 UTC

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Thursday, May 21


News

Master Gardener: What to do if you want pink oxalis in your yard – Daily News

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Master Gardener: What to do if you want pink oxalis in your yard. Pink wood sorrel, or pink wild oxalis, is a perennial in mild climates and an annual in areas prone to freezing temperatures. However, it can be invasive so be careful where you plant it. I have a favorite volunteering plant in several places in my yard in Orange County, and I see it also at my Dad’s house. It is a type of oxalis – growing in a clump with many rather small pink flowers.

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Tuesday, May 19


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Advancing Women in Product Announces Global Partnership with Pink Innov' to Advance Women in Europe into Tech Leadership Roles

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SAN FRANCISCO, May 19, 2020 /PRNewswire/ -- Advancing Women in Product (AWIP), the organization bridging the diversity gap in technology leadership by training and mentoring high-potential female professionals, announced today their partnership with Pink Innov'. Pink Innov' is a network that encourages innovation and entrepreneurship among executive-level women and their allies, currently most active across France and Europe. To celebrate their partnership, AWIP and Pink are hosting a webinar with Pink Innov' partner organization R20, a United Nations-endorsed environmental non-profit founded by Michèle Sabban and former Governor of California Arnold Schwarzenegger. "It is also the vision of a cleaner world." Since launching the Paris AWIP chapter in October 2018 with AWIP Ambassador Ron Hirson, Chief Product Officer of DocuSign, AWIP, Lou Martinez Sancho, then Chief Innovation Officer of Spie Batignolles and Pink Innov' partnered to create trans-Atlantic dialogues among their members, ranging from incubator leadership at the École Polytechnique, among France's most elite institutions, to a founders pitch night at Kleiner Perkins.

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Tuesday, May 05


News

L Brands Stock Falls on Termination of Victoria's Secret Deal

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Also, the deal would have allowed the company to focus on its core brand — Bath & Body Works.Sycamore Partners issued a notice on Apr 22, 2020 purporting to cancel the agreement. Nonetheless, L Brands informed about the future strategy and stated that it is better for the company and shareholders to address the ongoing issues instead of “engaging in costly and distracting litigation to force a partnership with Sycamore.” Talking about the strategy, management intends to make Bath & Body Works chain a “pure-play public company” and Victoria’s Secret, “a separate, standalone company.”Bath & Body Works has been the company’s bright spot, which contributed more than 46% to fourth-quarter fiscal 2019 net sales. In the last reported quarter, comparable sales at Victoria’s Secret brand fell 10%.Nevertheless, management assured that it will undertake all necessary steps to improve brand performance, contain costs, and enhance liquidity.Closing CommentaryL Brands is already bearing the brunt of coronavirus outbreak that has led to the complete shutdown of economic activities, and the cancellation of deal with Sycamore Partners has aggravated the problem. Click to get this free report Costco Wholesale Corporation (COST) : Free Stock Analysis Report Build-A-Bear Workshop, Inc. (BBW) : Free Stock Analysis Report Sprouts Farmers Market, Inc. (SFM) : Free Stock Analysis Report L Brands, Inc. (LB) : Free Stock Analysis Report To read this article on Zacks.com click here.

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Monday, May 04


News

L Brands CEO Steps Down, Sycamore Deal Terminated

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L Brands (NYSE: LB) shares are trading lower after the company announced a "mutual agreement" with private equity firm Sycamore Partners to terminate their previously announced transaction. Also, Leslie Wexner will step down as CEO and chairman of the board of L Brands. On April 22, L Brands released a statement that Sycamore Partners delivered a notice purporting to terminate the Feb. 20, 2020 transaction agreement relating to the sale of a 55% interest in Victoria's Secret Lingerie, Victoria's Secret Beauty and PINK. L Brands shares are trading lower by 14.4% at $10.30 in Monday's after-hours session.

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News

Were Hedge Funds Right About L Brands Inc (LB)?

LB EW

We predicted that a US recession is imminent and US stocks will go down by at least 20% in the next 3-6 months. We can gain invaluable insight to help us answer that question by studying the investment trends of top investors, who employ world-class Ivy League graduates, who are given immense resources and industry contacts to put their financial expertise to work. Our research has shown that hedge funds' small-cap stock picks managed to beat the market by double digits annually between 1999 and 2016, but the margin of outperformance has been declining in recent years. Unfortunately LB wasn't nearly as popular as these 10 stocks and hedge funds that were betting on LB were disappointed as the stock returned -33% during the four months of 2020 (through May 1st) and underperformed the market. If you are interested in investing in large cap stocks with huge upside potential, you should check out the top 10 most popular stocks among hedge funds as most of these stocks already outperformed the market in 2020.

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Tuesday, April 07


News

Pink supermoon set to grace skies over the UK

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A pink supermoon is set to brighten the night skies on Tuesday – though there will not be any noticeable colour difference, as the name might suggest. Stargazers can expect to see the next full moon over the UK, peaking during the early hour of Wednesday at 3.35am. Despite its name, there is no actual colour change to the appearance of the lunar surface – it is a Northern Native American reference to an early-blooming wildflower, which starts to pop up in the US and Canada at the beginning of spring. In some other cultures, the pink moon is known as the sprouting grass moon, the egg moon, and the fish moon. As this will also be a supermoon, people can expect it to look up to 14% bigger and 30% brighter in the sky as it reaches its closest point to Earth, known as its perigee.

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Wednesday, April 01


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Is the Options Market Predicting a Spike in L Brands (LB) Stock?

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Investors in L Brands, Inc. LB need to pay close attention to the stock based on moves in the options market lately. That is because the May 15, 2020 $30.00 Call had some of the highest implied volatility of all equity options today. What is Implied Volatility? It could also mean there is an event coming up soon that may cause a big rally or a huge sell-off. However, implied volatility is only one piece of the puzzle when putting together an options trading strategy. What do the Analysts Think? Currently, L Brands is a Zacks Rank #3 (Hold) in the Retail - Apparel and Shoes industry that ranks in the Bottom 24% of our Zacks Industry Rank.

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Monday, March 30


News

L Brands Issues More Updates on Tackling Coronavirus Crisis

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Retailers have taken measures like closing stores or trimming job hours or permitting employees to work remotely. Women's apparel retailer, L Brands, Inc. LB has also taken further action apart from store closure and withdrawal of first-quarter fiscal 2020 announcements. It had earlier announced closures of its entire Bath & Body Works, Victoria’s Secret and PINK stores across the United States and Canada through Mar 29, 2020. Click to get this free report Best Buy Co., Inc. (BBY) : Free Stock Analysis Report Abercrombie & Fitch Company (ANF) : Free Stock Analysis Report Macy's, Inc. (M) : Free Stock Analysis Report L Brands, Inc. (LB) : Free Stock Analysis Report To read this article on Zacks.com click here.

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Friday, March 27


News

L BRANDS PROVIDES ADDITIONAL UPDATE RELATED TO COVID-19 PANDEMIC

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COLUMBUS, Ohio, March 27, 2020 (GLOBE NEWSWIRE) -- L Brands, Inc. (LB) today provided additional updates on actions it is taking, following its initial March 17, 2020 announcement related to the novel coronavirus pandemic (COVID-19). Store and Direct OperationsOn March 17, 2020, L Brands announced the temporary closure of all Bath & Body Works, Victoria’s Secret and PINK stores in the United States and Canada through March 29, 2020. Associates will continue to receive pay and benefits through April 4, which is one week longer than originally announced. Based on the continued spread of COVID-19 and stay-at-home orders by government officials across the country, the company is extending the closure of its stores beyond the initial March 29 date. As the situation continues to evolve rapidly, L Brands is not currently able to predict the timing of store reopenings. However, it is monitoring the situation closely and will provide updates as appropriate. Actions Taken to Strengthen Financial FlexibilityAs previously disclosed, in an abundance of caution and as a proactive measure, on March 16, 2020, the company elected to draw down $950 million from its Revolving Credit Facility.

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Thursday, March 26


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Hedge Funds Have Never Been This Bullish On L Brands Inc (LB)

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Keeping this in mind, let's analyze whether L Brands Inc (NYSE:LB) is a good investment right now by following the lead of some of the best investors in the world and piggybacking their ideas. There's no better way to get these firms' immense resources and analytical capabilities working for us than to follow their lead into their best ideas. While not all of these picks will be winners, our research shows that these picks historically outperformed the market when we factor in known risk factors. Our calculations also showed that LB isn't among the 30 most popular stocks among hedge funds (click for Q4 rankings and see the video at the end of this article for Q3 rankings). Below, you can check out the change in hedge fund sentiment towards LB over the last 18 quarters. So, let's review which hedge funds were among the top holders of the stock and which hedge funds were making big moves.

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