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Stock Market & Financial Investment News

News Breaks
February 26, 2014
08:20 EDTMW, JOSBJudge fast-tracks Men's Wearhouse suit against Jos. A. Bank, WSJ reports
In Delaware, a judge, Vice Chancellor J. Travis Laster, fast-tracked Men's Wearhouse's (MW) lawsuit against Jos. A. Bank Clothiers (JOSB), moving Men's Wearhouse's legal efforts forward in its hostile pursuit of the company, reports the Wall Street Journal. Reference Link
News For MW;JOSB From The Last 14 Days
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August 20, 2015
09:00 EDTMWMen's Wearhouse selloff a buying opportunity, says Jefferies
Jefferies analyst Edward Plank views the recent selloff in shares of Men's Wearhouse as a buying opportunity. Much of the back-end integration risk from Jos. A. Bank has now passed, and margin improvement should follow, Plank tells investors in a research note. The analyst's FY18 bull case suggests a price target of $100, or 75% upside from current levels, versus a bear case of $47, or 20% downside. He keeps a Buy rating on Men's Wearhouse with a $67 price target.

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