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Stock Market & Financial Investment News

News Breaks
May 8, 2014
07:35 EDTJOSB, MWMen's Wearhouse extends tender offer to acquire Jos. A. Bank
Men's Wearhouse (MW) announced that in accordance with the terms of its merger agreement with Jos. A. Bank (JOSB), it has extended its all-cash tender offer for $65.00 per share for all of the currently outstanding shares of common stock of Jos. A. Bank to 5:00 p.m. New York City time on May 21, unless further extended. The tender offer was previously set to expire at 5:00 p.m. New York City time on May 7.
News For MW;JOSB From The Last 14 Days
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December 11, 2014
10:21 EDTMWHigh option volume stocks
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December 10, 2014
19:18 EDTMWMen's Wearhouse reports Q3 adjusted EPS 83c, consensus 87c
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18:31 EDTMWOn The Fly: After Hours Movers
UP AFTER EARNINGS: Restoration Hardware (RH), up 5.9%... Casey's General Stores (CASY), up 1.6%. ALSO HIGHER: Walgreen (WAG), up 1.7% after CEO Greg Wasson announces intention to retire after Alliance merger. DOWN AFTER EARNINGS: Wet Seal (WTSL), down 38.9%... Lakeland Industries (LAKE), down 8.2%... Men's Wearhouse (MW), down fractionally. ALSO LOWER: Burlington Stores (BURL), down 1.4% after filing to sell 8M shares of common stock for holders... Nielsen (NLSN), down 1.9% after filing to sell 20M shares of common stock for holders.
15:25 EDTMWNotable companies reporting after market close
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14:41 EDTMWMen's Wearhouse volatility increases into Q3 and outlook
Men's Wearhouse December call option implied volatility is at 69, January is at 43, February is at 36; compared to its 26-week average of 34 according to Track Data, suggesting large near term price movement into the expected release of Q3 results.
December 4, 2014
11:24 EDTMWMen's Wearhouse volatility elevated into Q3 and outlook
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