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Activewear apparel company $HBI said it has acquired Champion Europe in an all-cash transaction for the purchase price of 10 times actual calendar 2016 EBITDA, subject to adjustment for cash, debt and working capital. $HBI expects the final purchase price to be approx. EUR200MM.
Any idea why some investors are happy about the disastrous $UA results??
Wow! GM killed it with earnings today! Did not expect this after $F gave the feeling it will eclipse the Chevy maker completely!
Oil rebound starting to show up in energy stocks. $XOM $CVX
I have a feeling "CLOUDy" days are ahead, with $AMZN leading the pack.
$AAL is giving pay hikes to its employees but investors are sulking.