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Stock Market & Financial Investment News

News Breaks
August 12, 2013
10:23 EDTHBIHanesbrands declines comment on takeover speculation, Winston-Salem Journal says
After Bloomberg said Friday that several analysts see Hanesbrands as an attractive takeover target, the company could not be reached for comment, according to the Winston-Salem Journal, which noted that the company's policy is to not comment on analyst speculation. Reference Link
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August 19, 2014
08:03 EDTHBICarter'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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