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Stock Market & Financial Investment News

News Breaks
June 6, 2014
07:17 EDTJOSB, MWMen's Wearhouse reduces voting standard to amend bylaws
The Men's Wearhouse announced that its board of directors has amended and restated the company's bylaws to modify the voting standard required for shareholders to amend the company's bylaws from 66-2/3% to a majority of Men's Wearhouse's outstanding voting stock. Note that Men's Wearhouse said yesterday that it expects to complete its combination with Jos. A. Bank (JOSB) within the "next few weeks."
News For MW;JOSB From The Last 14 Days
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December 18, 2014
16:55 EDTMWEminence Capital reports 11.9% stake in Men's Wearhouse
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16:34 EDTMWMen's Wearhouse, Eminence in standstill agreement amendment
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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.

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