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Major Movers on June 13; MW, PVH, SWY, GCI, BBRY, PCO

Shares of The Men’s Wearhouse Inc. (NYSE: MW) climbed 3.65% by afternoon trade. The Company said on Wednesday that fiscal first quarter profit rose 23%, driven by stronger margins. Net income climbed to $33.1 million or 65 cents a share from $26.9 million or 52 cents a share, in the year-earlier quarter. Revenue climbed 5.1% [...]

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Gannett to acquire Belo Corp. in $1.5 Billion Cash Deal (GCI, BLC)

Gannett Company Inc. (NYSE: GCI) announced on Thursday that it has agreed to acquire a television Company Belo Corp. (NYSE: BLC) in an all cash deal estimated at $1.5 billion.


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