New User:

-or-
Username:
Password:
Forgot your password?

Stock Market & Financial Investment News

News Breaks
January 3, 2014
09:02 EDTJOSB, MWJoS. A. Bank approves amendment of shareholder rights plan
Jos. A. Bank Clothiers (JOSB) announced that its board has approved an amendment to its shareholder rights plan to, among other things, reduce the ownership threshold to 10% from 20% of outstanding common shares. The company said that in light of the hostile actions The Men's Wearhouse (MW) has taken and threatened to take against the company, which are not in the best interest of the company's shareholders, the board felt it was appropriate to protect the company's shareholders by leveling the playing field and ensuring that the Jos. A. Bank Rights Agreement has the same triggering ownership threshold as that of the Men's Wearhouse Rights Agreement. On December 23, 2013, the Jos. A Bank board unanimously rejected a non-binding acquisition proposal by Men's Wearhouse based on its determination that the proposal significantly undervalued the company and its near and long-term potential.
News For JOSB;MW From The Last 14 Days
Check below for free stories on JOSB;MW the last two weeks.
Sign up for a free trial to see the rest of the stories you've been missing.
September 12, 2014
08:00 EDTMWMen's Wearhouse core strength offset by Jos. A. Bank, says Cowen
Cowen said the strength of the core business at Men's Wearhouse was offset by margin pressure in Jos. A. Bank, which has the potential to continue through the remainder of the year. The firm has lowered its expectations due to the pressure and feels the Street's earnings growth rate expectations for 2015 seem optimistic, though Cowen keeps its Outperform rating and $62 price target on the stock.
September 11, 2014
10:49 EDTMWHigh option volume stocks
Subscribe for More Information
10:20 EDTMWMen's Wearhouse heads lower after initial bounce off lows
Subscribe for More Information
09:57 EDTMWMen's Wearhouse backs EPS reaching at least $5.50 by 2017
Subscribe for More Information
09:19 EDTMWMen's Wearhouse: Sales for Jos. A. Bank will be somewhat lumpy
Subscribe for More Information
September 10, 2014
17:39 EDTMWMen's Wearhouse reports Q2 Jos. A. Bank SSS up 1%, Moores Q2 SSS up 10.2%
17:32 EDTMWMen's Wearhouse reports Q2 adjusted EPS $1.10, consensus $1.06
Subscribe for More Information
15:50 EDTMWNotable companies reporting after market close
Notable companies reporting after the market close, with earnings consensus, include Restoration Hardware (RH), consensus 64c; Men's Wearhouse (MW), consensus $1.06; Five Below (FIVE), consensus 14c; Sigma Designs (SIGM), consensus (8c); Wet Seal (WTSL), consensus (9c).
15:36 EDTMWMen's Wearhouse September 55 straddle priced for 6.6% move into Q2
September 9, 2014
06:49 EDTMWMen's Wearhouse September volatility elevated into Q2
Subscribe for More Information

Sign up for a free trial to see the rest of the stories you've been missing.

I agree to the theflyonthewall.com disclaimer & terms of use