A securities class action has been filed against Gildan Activewear, accusing the company of inflating revenues through aggressive channel stuffing to meet short-term targets before its December 2025 acquisition of HanesBrands. The lawsuit claims Gildan misled investors by overstating growth and synergies while inventory levels were unsustainable. Following a critical report in June 2026 exposing these practices, Gildan's stock price fell over 18%. Former HanesBrands shareholders who received Gildan shares in the acquisition and suffered losses may have legal rights to join the lawsuit.
Bitcoin ETFs experienced net outflows totaling $389.7 million during the week of August 10–14, reversing a prior trend of inflows. The largest outflows were driven by Fidelity-managed Bitcoin ETFs. This shift indicates a change in investor sentiment ...
Benz Mining Corp held a Special Meeting on August 17, 2026, where shareholders approved all proposed resolutions, including ratification of prior share placements and issuance of performance share units to directors. Approximately 44.49% of shares we...
Jefferies downgraded Home Depot from Buy to Hold due to worries over minimal profit growth despite expected revenue rise in Q2. Customer transactions have declined for five quarters, indicating growth relies on bigger purchases, not more customers. M...
Historical data suggests that a $10,000 investment in the QQQ ETF could increase to approximately $66,000 over a decade. This highlights the potential long-term growth of technology-focused investments. Investors might consider this when planning the...
NeuroThera Labs Inc., a clinical-stage biotech company, has closed the final tranche of its non-brokered private placement, raising C$2.7 million by selling 22.5 million units at C$0.12 each. Each unit includes one common share and one warrant exerci...
