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Stock Market & Financial Investment News

News Breaks
January 19, 2014
20:34 EDTJOSB, MWJoS. A. Bank raises questions on timing of Eminence Capital trades, NY Post says
In a court filing late Friday in Delaware, Jos. A. Bank (JOSB) raised questions about the timing of stock trades made by activist investor Eminence shortly before Jos. A. Bank disclosed its initial offer for Men’s Wearhouse (MW) last October, says the NY Post. According to the NY Post, Jos. A. Bank said in the filing, “Notably, plaintiff omits to inform the court that… shortly before public disclosure of Jos. A. Bank’s offer to Men’s Wearhouse, plaintiff purchased a significant amount of Men’s Wearhouse stock.” Reference Link
News For JOSB;MW From The Last 14 Days
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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
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10:20 EDTMWMen's Wearhouse heads lower after initial bounce off lows
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09:57 EDTMWMen's Wearhouse backs EPS reaching at least $5.50 by 2017
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09:19 EDTMWMen's Wearhouse: Sales for Jos. A. Bank will be somewhat lumpy
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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
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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
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September 3, 2014
06:07 EDTMWJos. A. Bank announces early termination agreement with Jim's Formal Wear
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