L Brands Posting Strong Gain On Closure Of Henri Bendel Stores

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(RTTNews.com) - Shares of L Brands ( LB ) have shown a strong upward move during trading on Friday, with the Victoria's Secret parent surging up by 4.7 percent.

The jump by L Brands comes after the company announced plans to close all 23 Henri Bendel stores in January as part an effort to increase shareholder value.

Read the original article on RTTNews (http://www.rttnews.com/2935102/l-brands-posting-strong-gain-on-closure-of-henri-bendel-stores.aspx)

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This article appears in: Stocks
Referenced Symbols: LB

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