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Stock Market & Financial Investment News

News Breaks
January 10, 2014
07:55 EDTLBL Brands price target lowered to $66 from $74 at RW Baird
Baird lowered its price target on L Brands following its report of December comps and margins coming in below expectations. The firm also noted its lowered Q4 outlook but maintained its Outperform rating based on upcoming easier comps, strong management, and consistent free cash flow.
News For LB From The Last 14 Days
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April 14, 2014
10:54 EDTLBL Brands management to meet with Sterne Agee
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April 10, 2014
07:02 EDTLBL Brands reports March sales up 3% to $923.7M, March SSS down 1%
L Brands reported net sales increased 3% to $923.7M for the five weeks ended April 5, vs. $894.8M for the five weeks ended April 6, 2013. The company reported SSS for the five weeks ended April 5, 2014 decreased 1%, in line with expectations, as the later Easter timing this year negatively impacted March SSS sales by 25-3% points.
April 7, 2014
11:49 EDTLBL Brands to host sales conference call
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