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Stock Market & Financial Investment News

News Breaks
July 1, 2014
07:27 EDTHBIHanesbrands price target raised to $111 from $100 at FBR Capital
FBR Capital raised its price target for Hanesbrands to $111 following the company's acquisition of DBApparel. The firm keeps an Outperform rating on the stock.
News For HBI From The Last 14 Days
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May 21, 2015
12:22 EDTHBIHanesbrands compelling following pullback, says Sterne Agee CRT
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12:14 EDTHBIHanesbrands says Knights Apparel integration planning progressing on-schedule
In an investor FAQ post, Hanesbrands stated: "With respect to Knights Apparel, the integration planning is progressing on-schedule. We expect to announce many of the actions within the next 30 days, which keeps us on track to begin implementing a number of these actions by the end of this year. In terms of the cadence of Knights Apparel’s business, roughly 80% of their annual revenue is generated in the second half of the year with nearly 50% of their annual revenue coming in Q3, while approximately 90% of their annual operating profit, excluding charges, is generated in the second half of the year...With respect to DBA, the works council process continues to move forward and we remain on-track to begin implementing many of the integration actions in the fourth quarter."
12:12 EDTHBIHanesbrands says consumer environment playing out as expected
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May 15, 2015
10:01 EDTHBIOn The Fly: Analyst Upgrade Summary
Today's noteworthy upgrades include: Aspen Technology (AZPN) upgraded to Overweight from Sector Weight at Pacific Crest... Canadian National (CNI) upgraded to Outperform from Sector Perform at Scotia Capital... Connecticut Water (CTWS) upgraded to Outperform from Market Perform at Wells Fargo... Hanesbrands (HBI) upgraded to Buy from Neutral at DA Davidson... Impala Platinum (IMPUY) upgraded to Buy from Neutral at Goldman... Inovalon (INOV) upgraded to Buy from Neutral at Goldman... J.C. Penney (JCP) upgraded to Market Perform at BMO Capital... Sovran Self Storage (SSS) upgraded to Buy from Neutral at UBS... Syngenta (SYT) upgraded to Neutral from Underperform at Exane BNP Paribas... UPS (UPS) upgraded to Buy from Neutral at Goldman... Union Pacific (UNP) upgraded to Buy from Hold at TD Securities... Yum! Brands (YUM) upgraded to Overweight from Neutral at JPMorgan.
08:09 EDTHBIHanesbrands upgraded to Buy from Neutral at DA Davidson
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