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Stock Market & Financial Investment News

News Breaks
March 3, 2014
07:02 EDTMW, JOSBMen's Wearhouse announces non-disclosure agreement with Jos. A. Bank
Men's Wearhouse (MW) confirmed that it entered into a non-disclosure agreement with Jos. A. Bank (JOSB) on March 1, under which the companies have agreed to exchange certain confidential information and to work in good faith to evaluate a potential combination, and that Men's Wearhouse has received a draft merger agreement from Jos. A. Bank. Men's Wearhouse noted that its existing cash tender offer for $63.50 would provide Jos. A. Bank shareholders with a substantial premium and immediate value, and that as previously announced, Men's Wearhouse is prepared to increase its offer price to $65 per share if Jos. A. Bank can demonstrate or Men's Wearhouse can discover additional value through discussions or limited due diligence.
News For MW;JOSB From The Last 14 Days
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July 30, 2014
09:06 EDTMWMen's Wearhouse shares recommended at Goldman
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08:34 EDTMWMen's Wearhouse guidance leaves room for upside, says Cowen
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July 29, 2014
12:13 EDTMWOn The Fly: Midday Wrap
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11:54 EDTJOSB, MWMen's Wearhouse sees EPS reaching at least $5.50 by 2017
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11:51 EDTJOSB, MWMen's Wearhouse sees gross margin to improve 150-200 bps through 2017
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11:49 EDTJOSB, MWMen's Wearhouse targeting minimum sales over $3.7B by 2017
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11:17 EDTJOSB, MWMen's Wearhouse says it has 'a lot' of visibility into Jos. A. Bank cost synergy
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11:13 EDTMW, JOSBMen's Wearhouse drops 4% as analyst day meeting continues
06:29 EDTMWMen's Wearhouse announces Q2 to date comparable sales
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July 28, 2014
07:30 EDTMWMen's Wearhouse to host analyst day
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July 23, 2014
10:02 EDTMWOn The Fly: Analyst Initiation Summary
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08:53 EDTMWMen's Wearhouse reinstated with a Buy at Goldman
Target $72.

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