Posts for Ticker ‘HBI’

Top Analyst Upgrades (BBT, CMA, FEIC, GOOG, HBI, HD, LOW, NEM, PLT, ROP, TGT, TSCO, WMT)

These are top pre-market analyst upgrades and positive research notes we have seen from Wall Street early this Wednesday morning:

BB&T (BBT) Raised to Market Perform at KBW.
Comerica (CMA) Raised to Overweight at JPMorgan.
FEI Co. (FEIC) Raised to Buy at Janney Montgomery Scott.
Google (GOOG) Target Raised to $486 from $414 at Goldman Sachs.
Hanesbrands (HBI) Started as Overweight at Thomas Weisel.
Home Depot (HD) Started as Outperform at Baird.
Lowe’s (LOW) Started as Outperform at Baird.
Newmont Mining (NEM) Raised to Overweight at JPMorgan.
Plantronics (PLT) Raised to Overweight at JPMorgan.
Roper Industries (ROP) Raised to Outperform at Oppenheimer.
Target (TGT) Started as Outperform at Baird.
Tractor Supply (TSCO) Started as Outperform at Baird.
Wal-Mart (WMT) Started as Outperform at Baird.

Jon C. Ogg

The 52-Week Low Club (CQB)(HBI)(ODP)(AIG)

sad_clown12American International Group (AIG) Needs more government funding. Down to $.38 from 52-week high of $52.25.

Office Depot (ODP) Posts a loss for the last quarter. Plunges to $1.02 from 52-week high of  $14.39.

Hanesbrands (HBI) May not hit profit goal for thie year. Drops to $5.14 from 52-week high of $37.73.

Chiquita Brands (CQB) Posted big loss last week and still falling. Sells off to $4.89 FROM 52-week high of $25.77.

Douglas A. McIntrye

Hanesbrands: Hecho en Asia (HBI)

Hanes_logo_2Apparently labor costs throughout Latin America are getting too pricey, if you can believe it.  Hanesbrands Inc. (NYSE: HBI) is updating its "consolidation and globalization cost-reduction strategy."  While this includes increasing production in Asia, it is ditching many Latin American facilities and workers.  The company plans to have closed nine plants in five countries by the end of Summer in 2009.  Approximately 8,100 jobs will be lost.

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Top Pre-Market Analyst Upgrades (BSX, CCMP, DAL, ESV, HBI, JNPR, NE, RVBD, TER, VIA)

These are some of the top analyst Upgrades and positive calls we are seeing early this Friday morning:

  • Boston Scientific (BSX) Started as Outperform at Piper Jaffray.
  • Cabot Micro (CCMP) Raised to Outperform at JPMorgan.
  • Delta Airlines (DAL) Raised to Buy at Merrill Lynch.
  • Ensco (ESV) Raised to Buy at Jefferies.
  • Hanesbrands (HBI) started as Outperform at Morgan Keegan.
  • Juniper Networks (JNPR) Raised to Outperform at FBR; Raised to Buy at Citigroup.
  • Noble (NE) Raised to Buy at Jefferies.
  • Riverbed Tech (RVBD) Raised to Outperform at Baird.
  • Teradyne (TER) Raised to Overweight at Lehman.
  • Viacom (VIA) Raised to Buy at Goldman Sachs.

Jon C. Ogg
July 25, 2008