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Stock Market & Financial Investment News

News Breaks
January 13, 2014
05:34 EDTMW, JOSBEminence backing Men's Wearhouse bid for Jos. A. Bank, WSJ reports
Eminence Capital LLC, Men's Wearhouse's (MW) largest shareholder, will back the retailer's hostile bid for Jos. A. Bank Clothiers (JOSB), a move that could complicate any effort by Jos. A. Bank to fend off its rival, reports the Wall Street Journal. Eminence Capital LLC, which has a nearly 10% stake in Men's Wearhouse and a nearly 5% stake in Jos. A. Bank, according to filings and sources, and plans to send a letter to Jos. A. Bank's board today declaring its support for Men's Wearhouse's $1.6B offer for Jos. A. Bank, sources say.Reference Link
News For MW;JOSB 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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