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Stock Market & Financial Investment News

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August 19, 2014
08:03 EDTGIL, HBI, CRICarter's has favorable risk/reward, says Goldman
Goldman said cotton prices are at a 5-year low and basic apparel companies Carter's (CRI) which is Buy rated, Gildan (GIL), and HanesBrands (HBI), both Neutral rated, are the most leveraged to the lower prices. The firm believes Carter's offers the best exposure to lower cotton prices and notes leadership in kids apparel and branding offering.
News For CRI;GIL;HBI From The Last 14 Days
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March 30, 2015
09:28 EDTGILGildan Activewear completes 2-for-1 share split
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March 24, 2015
06:15 EDTCRICarter's price target raised to $107 from $100 at Citigroup
Citigroup raised its price target for shares of Carter's to $107 saying expansion in North America, margin improvement and share repurchases should drive double-digit earnings per share growth in each of the next three years. It calls Carter's a "standout" in the "intensely-competitive and highly-promotional" children’s apparel space. Citi reiterates a Buy rating on the name.

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