Gildan Activewear News

Gildan Activewear Inc. suffered a big decline last week after another shareholder class action lawsuit was filed against the T-shirt and sock maker.

Shares of Gildan Inc. have fallen more than 10 per cent since it was accused of failing to warn investors of production problems, but liability insurance will help prevent class-action lawsuits from taking a ...

Gildan Activewear Inc. , North America's biggest T-shirt maker, fell the most in two months in Toronto trading a day after a lawsuit against the company was filed in the U.S. Gildan lost C$1.60, or 6.2 percent, ...

The Police and Fire Retirement System of the City of Detroit has filed a class action against Gildan Activewear, Inc.

Gildan Activewear made $250 million in sales in the last quarter of 2007 but it was unwilling to pay an employee her salary or benefits if she sat as a juror.

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After a rough start in 2008, The Gazette portfolio got a nice bounce in May. The basket of 15 Quebec-based companies followed the Canadian market and rose 5.15 per cent last month, pushing the total value back ...

MONTREAL, June 13 /CNW Telbec/ - Last night, the Conseil du patronat du Qubec paid tribute to Andr Chagnon, President and Chairman of the Fondation Lucie et Andr Chagnon and Past Founding President and Chief ...

The Brualdi Law Firm P.C. announces that a lawsuit has commenced on behalf of an institutional investor in the United States District Court for the Southern District of New York on behalf of purchasers of ...

The law firm of Schatz Nobel Izard P.C., which has significant experience representing investors in prosecuting claims of securities fraud, announces that a lawsuit seeking class action status has been filed in ...

American Apparel's CFO Ken Cieply has stepped down to pursue outside opportunities.

Montreal-based t-shirt manufacturer Gildan Activewear Inc. is expected to rally in the coming weeks following last week's announcement of the first profit warning in seven years that cost the stock almost ... via The Retail Stock Blog

Canada's main stock index fell to a two-week low, led by raw material producers such as Potash Corp. via Bloomberg.com

Individual stocks can surge 10%, 25%, or even higher in a short period of time. And they can fall just as far, just as quickly. via Fool.com

“Today is a reminder that commodities can impact the TSX to the downside as well as the upside”

Retreating commodities helped knock 260 points off the Toronto Stock Exchange's main index on Tuesday, as it was dragged lower by sinking resource shares. via Reuters

- Some of the most active companies traded Tuesday on the Toronto Stock Exchange and the TSX Venture Exchange:

Toronto Stock Exchange (down 260.25 points at 13,825.60):

Groupe Bikini Village Inc. (TSX:GBV). Clothing store. Unchanged at 8.5 cents on 10,691,004 shares. The firm reported it will proceed with a normal course issuer bid where it may purchase up to 13.74 million shares at the stock price as of April 22.

Caledonia Mining Corp. (TSX:CAL). Precious metals. Down half a cent, or 3.13 per cent, to 15.5 cents on 10,545,800 shares. The metals and mining sector was one of the biggest decliners on the TSX, falling nearly four per cent. Read more

The logo of Germany's IKB Bank is seen at the bank's headquarters in Duesseldorf, Germany, Tuesday. via Canadian Business Magazine

“We went through an extensive investigation”

The Bush administration Friday went against the wishes of the person it asked for support on passing the Central American Free Trade Agreement three years ago. via Times-Journal

“When they lost their job, I felt a little bit scared”

Parents must decide how to tell their children or whether to tell them at all. Julie and Chris Mitchell worked for the Gildan Activewear plant in Moira, N.Y., until the factory moved its operations overseas. via ABC News

CONSUMERS MIGHT NEVER HAVE heard of Gildan Activewear but chances are they have a closet full of the company's clothes. via Barron's