This Tiny Bank Saw Massive Profits in Q3: Buy its Stock? 2020/09/19 13:30:27 The Motley Fool Canada
The Laurentian Bank stock deserves a second look after reporting massive profits in Q3 fiscal 2020. Investors can take advantage of the discounted price and the high 5.5% dividend offer. The post This Tiny Bank Saw Massive Profits in Q3: Buy its Stock? appeared first on The Motley Fool Canada .
The Ultra Wealthy Are Selling Billions Of Dollars In Stock 2020/09/18 09:30:00 Zero Hedge
The Ultra Wealthy Are Selling Billions Of Dollars In Stock Tyler Durden Fri, 09/18/2020 - 05:30 As the market has "rebounded" off its lows back in March, the world's super wealthy are jumping at the chance to offload billions of dollars in stock while global central banks - and most notably the Federal Reserve - keeps a bid under the market and acts as a Mr. Magoo-like counterparty. Many investors have been prompted to sell by market volatility over the last two weeks, which appears as though it could be signaling an end to the V-shaped recovery. This has likely helped spook the ultra wealthy into take some cash off the table. Seo Sang-young, an analyst at Kiwoom Securities Co. in Seoul noted: “Stock-market valuations have climbed considerably regardless of fundamentals. Volatility has been increasing.” Knorr-Bremse AG's Heinz Hermann Thiele took the bump up in the market as an opportunity to sell about $1.2 billion in stock, while Adyen NV co-founders Pieter van der Does and Arnout Schuijff joined a group of executives that sold $821 million of stock in the payment company, according to Bloomberg .
L Brands upsizes and prices senior unsecured obligations due 2030 (NYSE:LB) 2020/09/16 21:16:40 Seeking Alpha
L Brands (NYSE:LB) upsizes its previously announced offering to sell $750M aggregate principal amount of senior notes due 2030 to an aggregate principal am
L Brands Prices Upsized $1 Billion Offering of 6.625% Senior Notes Due 2030 2020/09/16 21:03:05 GlobeNewswire
COLUMBUS, Ohio, Sept. 16, 2020 (GLOBE NEWSWIRE) -- L Brands, Inc. (NYSE: LB) announced today that its previously announced offering to sell $750 million…
Next Plc buys majority stake in Victoria's Secret UK arm | Business 2020/09/14 21:55:17 Devdiscourse
The UK arm of L Brands' high-end lingerie brand went into administration in June after all its 25 stores were forced to close due to the COVID-19 Pandemic. L Brands said the joint venture will acquire the majority of the assets of the Victoria's Secret U.K. business and operate all its stores in the country and Ireland.