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Investigation launched into Gildan Activewear over alleged revenue inflation and financial engineering.

Market News
18 Jun 2026
Bronstein, Gewirtz & Grossman, Llc
View Source
Bearish
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Bronstein, Gewirtz & Grossman, LLC has opened an investigation into Gildan Activewear following a report accusing the company of inflating revenues by channel stuffing and obscuring financial details through off-balance sheet receivables. The report caused Gildan's stock to drop nearly 19% on June 16, 2026. Investors who purchased Gildan securities are encouraged to assist the investigation. The law firm represents investors on a contingency fee basis, aiming to recover losses and ensure corporate accountability.

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Infineon wins patent case, stops Innoscience from selling infringing GaN products in Germany

Infineon wins patent case, stops Innoscience from selling infringing GaN products in Germany

The Munich District Court ruled in favor of Infineon Technologies, prohibiting Chinese company Innoscience from manufacturing, selling, and marketing products that infringe Infineon's patented gallium nitride (GaN) technology in Germany. This marks I...

Market News
Bullish
23 minutes ago
Independent Bank to acquire HCB Financial after shareholder and regulatory approval, merger effective July 1, 2026.

Independent Bank to acquire HCB Financial after shareholder and regulatory approval, merger effective July 1, 2026.

Independent Bank Corporation (IBCP) has received shareholder approval from HCB Financial Corp. for its acquisition of Highpoint Community Bank. The deal, also approved by the Federal Reserve Bank of Chicago and Michigan regulators, is expected to clo...

Company Fundamentals
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54 minutes ago
Entergy Texas declares $0.3359 quarterly dividend on Series A Preferred Stock.

Entergy Texas declares $0.3359 quarterly dividend on Series A Preferred Stock.

Entergy Texas, a subsidiary of Entergy Corporation, announced a quarterly dividend of $0.3359375 per share on its Series A Preferred Stock. The dividend will be paid on July 15, 2026, to shareholders recorded as of July 2, 2026. This dividend reflect...

Company Fundamentals
Neutral
1 hour ago
Over 100 drugs in clinical trials aim to transform age-related macular degeneration treatment by 2026

Over 100 drugs in clinical trials aim to transform age-related macular degeneration treatment by 2026

DelveInsight's 2026 report reveals more than 100 drugs in development for age-related macular degeneration (AMD), involving over 90 companies globally. These therapies include novel mechanisms like gene therapy, mitochondrial stabilization, and VEGF ...

Market News
Bullish
1 hour ago
Cell and gene therapy CDMO market set to grow at 24% CAGR, reaching $57.1B by 2034.

Cell and gene therapy CDMO market set to grow at 24% CAGR, reaching $57.1B by 2034.

The cell and gene therapy contract development and manufacturing organization (CDMO) market is projected to grow at a compound annual growth rate (CAGR) of approximately 24% from 2026 to 2034, reaching a market size of $57.1 billion by 2034. Growth i...

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Bullish
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