New User:

-or-
Username:
Password:
Forgot your password?

Stock Market & Financial Investment News

News Breaks
June 11, 2014
16:18 EDTMWMen's Wearhouse announces waiver of 'Marketing Period Condition'
The Men's Wearhouse (MW) announced that its wholly owned subsidiary, Java Corp., has waived the "Marketing Period Condition" described in the Offer to Purchase, as amended, in connection with the previously announced all-cash tender offer for $65.00 per share for all of the currently outstanding shares of common stock of Jos. A. Bank Clothiers (JOSB). All other terms and conditions of the tender offer remain unchanged.
News For MW From The Last 14 Days
Sign up for a free trial to see the rest of the stories you've been missing.
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.

Sign up for a free trial to see the rest of the stories you've been missing.
I agree to the theflyonthewall.com disclaimer & terms of use