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Stock Market & Financial Investment News

News Breaks
December 18, 2012
10:47 EDTCRICarter's rises after Citi calls stock a top pick
Children's apparel maker Carter's (CRI) is advancing after Citigroup added the stock to its Top Picks Live List in a note to investors earlier today. Carter's stock has been little changed since April, and it has become the most attractive stock in Citi's coverage universe as a result, analyst Susan Anderson wrote. In addition, the company has several upcoming positive catalysts, including a supply chain restructuring initiative that could increase its margins by 4% over time, Anderson believes. Growth in international and e-commerce sales may also give Carter's a lift, added the analyst, who maintained her Buy rating on the stock. In mid-morning trading, Carter's climbed 85c, or 1.64%, to $52.63.
News For CRI From The Last 14 Days
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July 28, 2014
07:02 EDTCRICrown Crafts signs infant bedding licensing agreement with Carter's
Crown Crafts' (CRWS) wholly owned subsidiary Crown Crafts Infant Products has expanded its licensing agreement with Carter's (CRI) to offer infant bed sets and decor. The agreement is in addition to an existing Carter's brand licensing agreement for toddler bedding products.
July 24, 2014
10:19 EDTCRIHigh option volume stocks
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06:23 EDTCRICarter's raises FY14 EPS growth to 14%-16% from 12%-15%, consensus $3.88
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06:22 EDTCRICarter's sees Q3 adjusted EPS to increase 7%-10%, consensus $1.37
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06:22 EDTCRICarter's reports Q2 Carter's brands domestic sales up 9.5% to $433.7M
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06:22 EDTCRICarter's reports Q2 adjusted EPS 61c, consensus 47c
Reports Q2 EPS 48c; Reports Q2 revenue $574.07M, consensus $574.08M

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