CNBC's "Squawk Box" team and Cliff Robbins, CEO of Blue Harbour Group, speak with Emanuel Chirico, The PVH Group chairman & CEO, about the Warnaco deal.» Read More
Stocks extended losses as the closing bell neared, pulling back from last week's rally to two-year highs, as the dollar rose. BofA fell, while Exxon rose.
The equity markets turned positive Wednesday and Thursday, and some analysts believe it is a sign of things to come. One such analyst is Scott Billeadeau, director of small and mid-cap growth strategies at Fifth Third Asset Management.
On the same day that FINA, swimming’s governing body, acknowledged the fact that high-tech bodysuits would be banned by May 2010, a German swimmer named Paul Biedermann beat world record holder Michael Phelps in the 200-meter freestyle.
Following the success of the full body Speedo LZR racer over the past couple years, the swimsuit business dramatically changed. Some companies, either not willing to spend money to keep up with the newest slick versions or not confident that they could generate enough sales at high price points to make the endeavor worth it, left the business.
Shares of apparel manufacturer Warnaco have risen more than 80 percent in the year-to-date period. In an interview, CEO Joseph Gromek says he is "feeling pretty good about the future."
It’s bathing suit time. Considering almost no one likes how they look nearly naked, what’s the trade?
Outfitting Michael Phelps' swimsuit and goggles for the Olympian's all-time gold record-setting performance Wednesday morning in Beijing was supposed to be another coup for Speedo.
Morgan Keegan's Brad Stephens isn't waiting for the upcoming wave of retailers' earnings to pick his favorite stocks in the sector, but he cautions investors that they might be overpriced -- for the time being.
Despite inflationary pressures on the consumer, retail CEOs told CNBC why they remain optimistic.
"Squawk Box" co-anchor Carl Quintanila and I interviewed Warnaco president and CEO Joseph Gromek today on the show. Gromek had some very interesting things to say, including the fact that he hoped that the company was going to sell $5.5 million worth of those Speedo LZR Racer swimsuits.
To give investors an edge, CNBC asked the experts for their best trades now.
By anyone's reckoning, it was a rough week. Crude oil continued its relentless climb; banks and brokerages gave hints of more discouraging news; government data pointed to a weak economy; even strong companies like Nike, Oracle, and Research In Motion issued cautious guidance; and Federal Reserve policymakers, widely perceived as powerless to help, left interest rates unchanged. But all week, even through the worst of the market's sell-offs, CNBC guests offered
With the third quarter just around the corner, Morgan Keegan senior analyst Brad Stephens offered CNBC some ideas about buying retail stocks.