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Wednesday, June 25, 2014

Hanesbrands, Schlumberger Reach New Highs



Investor's Business Daily - Investing RSS http://ift.tt/1le5C0B A number of top stocks jumped to new highs Wednesday, taking advantage of the market's modest bounce. Underwear maker Hanesbrands (HBI) spiked 9%, driving its 2-1/2 year advance well into new high ground. The North Carolina-based company launched its expansion into Europe, announcing it was buying French lingerie maker DBApparel. The company expects the deal, valued near $545 million, to add $875 million in annual revenue. The move earned an


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