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BofA Downgrades Victoria's Secret After "Brand Turnaround Has Played Out"

BofA Downgrades Victoria's Secret After "Brand Turnaround Has Played Out" Victoria's Secret shares dropped the most in two months in the cash session after Bank of America analysts downgraded the stock from Buy to Neutral, warning clients earlier this morning of "limited EPS upside from here.""With the stock up meaningfully YTD, our thesis of upward estimate revisions driven by the brand turnaround has played out, and we are downgrading from Buy to Neutral," BofA retail analyst Mary Sport wrote in the report.More or less, with the stock up 25%...
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May 12, 2026 / Tyler Durden
Europe Fails To React To Ukrainian Drone Incidents
Europe Fails To React To Ukrainian Drone Incidents Authored by Lucas Leiroz de Almeida via Global Research, Recent drone incidents in European countries, especially in the Baltic states, are generating controversy among those who support the war with Russia. Some argue that Ukraine is merely defending itself against “Russian aggression,” with these “accidental” occurrences being an inevitable side effect of hostilities. Others believe that Kiev should act more cautiously to avoid harming partner countries. Meanwhile, drones continue to crash in Europe without a definitive solution being presented for this issue. Recently, a...
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Mar 22, 2026 / Tyler Durden
Trump HHS Launches Probe Into 13 States Over Abortion Coverage Mandates
Trump HHS Launches Probe Into 13 States Over Abortion Coverage Mandates The U.S. Department of Health and Human Services (HHS), Office for Civil Rights (OCR), is investigating 13 Democrat-run states for allegedly forcing employers' health insurance plans to cover abortions. Officials say these rules trample the Weldon Amendment's federal conscience protections.  The Weldon amendment blocks states from punishing health insurers, plans, or providers who refuse to pay for, provide, or refer for abortions on moral or religious grounds, and has appeared in every HHS spending bill alongside the Hyde Amendment since...
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Apr 6, 2026 / Tyler Durden
The Debt Spiral Ends In Dollar Destruction: 6 Hard Truths America Can No Longer Ignore
The Debt Spiral Ends In Dollar Destruction: 6 Hard Truths America Can No Longer Ignore Authored by Nick Giambruno via Doug Casey's International Man, “Whenever governments are granted power to purchase their own debt, they never fail to do so, eventually destroying the value of the currency.” – Ron Paul Let’s take a step back and look at the big picture so we can assess the US government’s financial situation, where it’s likely headed, and what these trends could mean. Observation #1: It’s Politically Impossible To Cut Spending Among the biggest expenditures for the...
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