Short Volume Ratio = Short Volume / All Volume. Source of Short Volume data comes from
FinraMoving Average Convergence/Divergence oscillator (MACD) is one of the simplest and most effective momentum indicators available.
Relative Strength Index (RSI) is a momentum oscillator that measures the speed and change of price movements. RSI oscillates between zero and 100. According to Wilder, RSI is considered overbought when above 70 and oversold when below 30.
Gildan (GIL) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Resignations of Board Members Do Not Address Central Shareholder Demand to Return Glenn Chamandy as CEO The Only Thing that Has Been Refreshed is the Names of the Directors – the Board’s Disdain for Shareholders Remains Intends to Support Browning West Nominees at 2024 Annual Meeting TORONTO, April 23, 2024 (GLOBE NEWSWIRE) -- Turtle Creek Asset Management Inc. (“Turtle Creek”), a Canadian independent investment management firm with a 25-year history and a decade-long shareholder of Gildan Activ
Activist investor Browning West alleged that Gildan's board refresh was likely a response to a failed company sale process.
Gildan Board Refresh "Should Address Investor Concerns," National Bank Says While Confirming Rating and Target Price
Canada's Gildan Activewear on Monday recommended the election of two nominees of U.S.-based activist fund Browning West to the company's board, ahead of its annual and special shareholder meeting on May 28. The clothing maker's board has been clashing with Browning West, which owns 5% of Gildan, following the ouster of co-founder and CEO Glenn Chamandy in December. In January, Browning West escalated its fight with Gildan, expanding its slate to eight candidates from five and called an annual...
Browning West and Former CEO Glenn Chamandy Comment on Gildan's "Defensive and Reactionary" Board Refreshment
LOS ANGELES, April 22, 2024--Browning West, LP (together with its affiliates, "Browning West" or "we"), which is a long-term shareholder of Gildan Activewear Inc. (NYSE: GIL) (TSX: GIL) ("Gildan" or the "Company") that beneficially owns approximately 5.0% of the Company’s outstanding shares and Glenn Chamandy, Gildan’s co-founder and former CEO, today issued the following statements regarding the Company’s defensive maneuver to add replacement directors to its Board of Directors (the "Board").
The underwear and T-shirt brand reconstituted its board of directors and is recommending two nominees pushed forth by activist investor Browning West.
Under Armour (UAA) focuses on the DTC business, international growth and innovation for immediate growth and long-term loyalty, positioning itself as a leader in the sportswear industry.
The Canadian clothing maker's board has been clashing with activist fund Browning West, which owns 5% of Gildan, following the ouster of co-founder and CEO Glenn Chamandy in December. In January, Browning West escalated its fight with Gildan, expanding its list of board candidates to eight from five and called an annual and special shareholder meeting amid the ongoing dispute to replace a majority of its board members and reinstate Chamandy as CEO.