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Stock Market & Financial Investment News

News Breaks
February 3, 2014
08:34 EDTLBL Brands increases annual cash dividend and declares $1 special dividend
L Brands announced a 13% increase in its regular annual dividend to $1.36 per share from $1.20. The company also declared a special dividend of $1 per share and its regular quarterly dividend of 34c per share, both of which will be paid on March 7 to shareholders of record at the close of business on Feb. 21.
News For LB From The Last 14 Days
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April 14, 2015
16:36 EDTLBL Brands price target raised to $102 from $91 at Piper Jaffray
Piper Jaffray raised its price target for L Brands to $102 after its teen survey indicated strength of the company's multi-category lifestyle brand. Piper keeps an Overweight rating on the name.
April 13, 2015
06:22 EDTLBGap, Target, others scrutinized by NY AG over staffing practices, WSJ says
Several major retailer including Gap (GPS) and Target (TGT) are under investigation by New York Attorney General Eric Schneiderman over their staffing practices and whether they require workers to show up or stay home with little notice, The Wall Street Journal reports. Schneiderman sent letters warning Abercrombie & Fitch (ANF), JC Penney (JCP), Urban Outfitters (URBN), TJX Cos (TJX), Ann Inc (ANN), L Brands (LB), Burlington Stores (BURL), Sears Holdings (SHLD), Williams-Sonoma (WSM) and J Crew Group that he believes the chains are using on-call scheduling and that such practices may be in violation of New York laws. Reference Link

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