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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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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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