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Stock Market & Financial Investment News

News Breaks
March 16, 2014
16:44 EDTMW, JOSBJos. A. Bank is no bargain, Men's Wearhouse shares could drop 20%, Barron's says
Men's Wearhouse (MW) paid about 10 times Jos. A. Bank's EBITDA to acquire the company and shares of Men's Wearhouse could fall 20% to the low-$40s, Barron's contends in its The Trader Column. Reference Link
News For JOSB;MW From The Last 14 Days
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April 17, 2015
08:08 EDTMWMen's Wearhouse recommended at Goldman
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April 16, 2015
13:01 EDTMWJos. A. Bank to scale back on suit discounts, Business Insider reports
Men's Wearhouse is scaling back on the discounts for Jos. A. Bank, reports Business Insider. CEO Doug Ewert said the "buy-one, get-several free" deals are no longer sustainable, adding that the company "sees an opportunity to expand on other reasons to shop at Jos. A. Bank, beyond just deep discounts. Reference Link

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