Limited Brands Temporarily Changes Name to L Brands (LTD)
Apparel company, Limited Brands, Inc. (LTD) reported on Monday that it has temporarily changed its name to L Brands
Limited Brands, which operates Victoria’s Secret and Henri Bendel has announced that it has changed its name temporarily to L Brands.
The name change is part of a transition process that was required following the 2010 sale of the company. The company will announce its permanent name in the next few months.
Limited Brands shares were mostly flat during premarket trading Monday. The stock has declined -9% in the past year.
The Bottom Line
Shares of Limited Brands, Inc. (LTD) have a 2.72% yield, based on Friday’s closing price of $44.06.
Limited Brands, Inc. (LTD) is not recommended at this time, holding a Dividend.com DARS™ Rating of 3.4 out of 5 stars.
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