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Stock Market & Financial Investment News

News Breaks
December 17, 2012
18:02 EDTCRICarter's names executive VP Brian Lynch President
Carter's announced that Brian Lynch, currently executive VP and brand leader for the Carter's brand, has been promoted to President of Carter's, reporting directly to Michael Casey, chairman and CEO. As part of its initiative to move its retail operations from Connecticut to Georgia, the company is announcing a transition in retail leadership. James Petty, who has led the retail business since 2007, is retiring. Jeffrey Williams has been promoted to senior VP of retail, and will be responsible for leading the company's retail operations.
News For CRI From The Last 14 Days
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August 19, 2014
08:03 EDTCRICarter'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.

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