PowerShares Contrarian Opportunities ETF

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    Consumer

    Here’s Why Hanesbrands Stock Fell 8.8% after 3Q17 Results

    Hanesbrands (HBI) stock fell 8.8% on November 2, 2017, since its fourth-quarter guidance failed to meet market expectations.

    By Sonya Bells
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    Basic Materials

    Why Westlake Chemical’s Dividend Yield Continues to Slide

    WLK’s dividend yield rose between 2013 and 2Q16, but since then it has been on a declining trend.

    By Peter Neil
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    Consumer

    Hanesbrands Has Organic Sales Growth, 1st Time in 8 Quarters

    Hanesbrands (HBI) reported a 2.2% YoY (year-over-year) rise in its 3Q17 sales to $1.8 billion. That was in line with analysts’ expectations and company guidance.

    By Sonya Bells
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    Earnings Report

    KORS Issues Disappointing Guidance after Weak Fiscal 4Q17 Results

    For fiscal 1Q18, Michael Kors’ (KORS) management is looking for EPS of $0.60–$0.64 on total sales in the range of $910 million–$930 million.

    By Sonya Bells
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