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Stock Market & Financial Investment News

News Breaks
June 18, 2013
08:54 EDTGILGildan Activewear to acquire New Buffalo shirt factory for $7M
Gildan Activewearhas announced that it has signed a definitive agreement to acquire substantially all of the assets of New Buffalo Shirt Factory and its operating affiliate in Honduras, for approximately $7M. The closing of the transaction is expected to take place imminently.
News For GIL From The Last 14 Days
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August 19, 2014
08:03 EDTGILCarter'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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