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Stock Market & Financial Investment News

News Breaks
August 19, 2014
08:03 EDTHBI, GIL, 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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December 19, 2014
08:38 EDTGILGildan Activewear names James Kehoe Chief Financial and Administrative Officer
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December 8, 2014
08:50 EDTGILGildan Activewear announces plan to buy back shares through private agreements
Gildan Activewear announced that it intends to purchase for cancellation up to 1,525,000 of its common shares pursuant to private agreements between Gildan and an arm's-length third-party seller. The purchases will form part of Gildan's normal course issuer bid which provides authorization for the purchase of up to 6.1 million shares announced on December 4, 2014. Such purchases will be made pursuant and subject to the terms of an issuer bid exemption order issued by the Ontario Securities Commission and will take place before December 7, 2015. In accordance with the order, Gildan's purchases under such private agreements will not exceed, in the aggregate, one-third of the maximum number of shares that it may purchase under its recently announced share repurchase program, or 2,033,333 common shares.

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