Warnaco (WRC) up 3.6% as Credit Suisse upgrades it to Outperform and pushes for a merger with...

|By:, SA News Editor

Warnaco (WRC) up 3.6% as Credit Suisse upgrades it to Outperform and pushes for a merger with Phillips-Van Heusen (PVH) - owner of the Calvin Klein Brand, which is responsible for more than 80% of Warnaco's profits. A deal could unlock potential in unifying CK under one roof.