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Stock Market & Financial Investment News

News Breaks
March 5, 2012
08:49 EDTHBI, PVH, RL, COLM, GIL, KORS, GPS, WRC, UA, VFC, LIZIndian cotton export ban likely to decrease supply, increase prices, WSJ says
India, the world's second-largest cotton exporter after the U.S., suddenly and without explanation banned cotton exports until further notice, which will likely tighten global supply and drive higher international prices, reported The Wall Street Journal. Reference Link
News For RL;VFC;KORS;PVH;UA;GIL;HBI;WRC;COLM;LIZ;GPS From The Last 14 Days
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December 15, 2014
16:18 EDTRLRalph Lauren initiated with an Outperform at Cowen
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15:27 EDTUAKering explored sale of Puma athletic brand, Bloomberg reports
Kering SA (PPRUY), which owns Gucci, Puma, and other brands, contacted potential buyers earlier this year to gauge interest in a potential a sale of the sportswear company, though the talks haven't lead to any takeover proposals yet, according to Bloomberg, citing people familiar with the matter. Other companies in the sportswear space include Nike (NKE), Under Armour (UA), lululemon (LULU) and Adidas (ADDYY). Reference Link
11:12 EDTKORSMichael Kors management to meet with Jefferies
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09:24 EDTUAUnder Armour initiated with a Neutral at Buckingham
Target $70.
December 12, 2014
07:23 EDTVFCCredit Suisse to hold a conference
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December 11, 2014
07:51 EDTVFCCredit Suisse to hold a conference
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December 10, 2014
10:20 EDTPVHOptions with decreasing implied volatility
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06:03 EDTPVHPVH Corp. enters into worldwide partnership with Save the Children
PVH announced a worldwide partnership with Save the Children, supporting their programming with a $5M commitment.
December 9, 2014
10:23 EDTKORSOn The Fly: Analyst Initiation Summary
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06:53 EDTKORSMichael Kors initiated with an Overweight at Stephens
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December 8, 2014
08:50 EDTGILGildan Activewear announces plan to buy back shares through private agreements
Gildan Activewear announced that it intends to purchase for cancellation up to 1,525,000 of its common shares pursuant to private agreements between Gildan and an arm's-length third-party seller. The purchases will form part of Gildan's normal course issuer bid which provides authorization for the purchase of up to 6.1 million shares announced on December 4, 2014. Such purchases will be made pursuant and subject to the terms of an issuer bid exemption order issued by the Ontario Securities Commission and will take place before December 7, 2015. In accordance with the order, Gildan's purchases under such private agreements will not exceed, in the aggregate, one-third of the maximum number of shares that it may purchase under its recently announced share repurchase program, or 2,033,333 common shares.
08:12 EDTVFCVF Corp., IFC distribute financing to Bangladeshi factories
VF Corporation and IFC, a member of the World Bank Group, announced they have provided loans to three Bangladeshi garment factories under a new program for funding fire and building safety improvements. Through the financing arrangement, VF provides a full corporate guarantee for up to $10M that the IFC and its partner BRAC Bank lend to VFs contract suppliers. VFs guarantee to back the loans makes it possible for IFC to lend at lower interest rates. This initiative helps VF suppliers in Bangladesh overcome financial obstacles to improving workplace safety conditions.
December 5, 2014
18:01 EDTGPSGap shares look cheap, should continue to rise, Barron's reports
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10:40 EDTPVHOptions with decreasing implied volatility
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10:00 EDTGILOn The Fly: Analyst Upgrade Summary
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09:17 EDTGPSOn The Fly: Pre-market Movers
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08:35 EDTGILGildan Activewear upgraded to Strong Buy from Outperform at Raymond James
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08:30 EDTGILGildan Activewear should be bought on weakness, says Stifel
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08:00 EDTGILGildan Activewear price target lowered to $61 from $68 at Canaccord
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07:29 EDTGILGildan Activewear weakness creates buying opportunity, says RBC Capital
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